Comments on: Fast, Faster and Really Fast… https://appraisersblogs.com/5-minute-appraisals-valuing-properties Appraisal News and Tips for Real Estate Appraisers Fri, 12 Aug 2022 07:15:05 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Michael Lund https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23150 Thu, 18 Oct 2018 16:17:51 +0000 http://appraisersblogs.com/?p=19525#comment-23150 In reply to Abdur Abdul-Malik.

monkeys don’t throw darts. They throw other stuff.

]]> By: chris https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23125 Wed, 17 Oct 2018 12:42:36 +0000 http://appraisersblogs.com/?p=19525#comment-23125 Trust me, you would make MORE money delivering pizzas !!!

]]> By: Baggins https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23119 Wed, 17 Oct 2018 02:52:05 +0000 http://appraisersblogs.com/?p=19525#comment-23119 In reply to Abdur Abdul-Malik.

Don’t miss the coester briefing at the bottom of the article. A tedious but worthwhile read.

Attention amc manager; Stipulation! Please provide…. Please answer…. Please justify…

Shoe on the other foot now.

]]> By: Baggins https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23118 Wed, 17 Oct 2018 02:49:06 +0000 http://appraisersblogs.com/?p=19525#comment-23118 In reply to Nicholas Bochicchio on Facebook.

As long as they are not held accountable, with no license requirements, they can just take a stab at the complex questions on FNMA form #30…

Keywords; mortgage services inspection, field services inspection, etc. For a good time, take a look at the disgruntled employee rolls for any given inspection services provider. They are arguing over a ten dollar split. How low can you go.

indeed.com/cmp/National-Mortgage-Field-Services-1/reviews – National Mortgage Field Services – reviews

]]> By: Nicholas Bochicchio on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23117 Wed, 17 Oct 2018 01:50:48 +0000 http://appraisersblogs.com/?p=19525#comment-23117 In reply to Mike Ford.

Lol. This has to be a joke. What moron would drive to 80 diff properties per day for $160 total. Prob waste $30 in gas, $10 in tolls and spend 8-10 hrs. Sounds like a pizza delivery driver to me.

]]> By: Baggins https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23116 Wed, 17 Oct 2018 01:05:41 +0000 http://appraisersblogs.com/?p=19525#comment-23116 In reply to Baggins.

The above post linked the wrong vid, there were two vids on that page, my bad.

This is the one to look at 2 minute, 31 seconds.

https://youtu.be/cGHIqS1a1yA
 

The inspector is cute. Looks just like an appraiser, less the clipboard and decades of relevant experience. Omg, what am I looking at here? Take photo, jiggle natural gas handle. Inspection complete!

Well, I’ve always got something to fall back on. I’m sure my experience will trump the pizza delivery guy. And that’s where my five brothers reo work went? Sad.

https://portal.mortgagebankersfs.com/forms/public/vendor/form/

]]> By: Baggins https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23115 Wed, 17 Oct 2018 00:55:29 +0000 http://appraisersblogs.com/?p=19525#comment-23115 In reply to Mike Ford.

Yes, that would be fnma form #30.  For five dollars…

https://www.fanniemae.com/content/guide_form/30.pdf

We might have a problem with C ratings here… Just saying…

]]> By: Mike Ford https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23111 Wed, 17 Oct 2018 00:25:30 +0000 http://appraisersblogs.com/?p=19525#comment-23111 In reply to Baggins.

Great links Baggs! https://www.mortgagebankersfs.com/become-an-inspector

I especially like the 200 to 300 per month OR 50 to 80 ‘stops’ a day. Making sure to mess with the gas meter is also really prudent. Trespassing optional. NOTE one of types of inspection IS for FNMA. I’m pretty sure MickyDs employees have more stringent requirements.

Insurance or bonds? Licenses? NO PMI or MMI insurer should ever make decisions based on these things.

]]> By: Baggins https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23106 Tue, 16 Oct 2018 23:52:36 +0000 http://appraisersblogs.com/?p=19525#comment-23106 At 2 minute, 31 second, a field services inspection companies actual screen view from their actual inspection applications. $5.25 for an ‘appraisal’ related inspection, it only takes 5 minutes…

https://youtu.be/_WLvyK8-I7o
 

That is just one of many examples.
Also I read extensive field inspector employee reviews. Good to know you can buy your way into it with an app, and get to work without ever needing to meet your employer in person or even a phone interview. The benefits of being a 1099 in a completely unlicensed unregulated industry, aka inspection services.
edited, vid correction, see below.

Field Inspector Services | Become An Inspector

]]> By: Mike Ford https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23104 Tue, 16 Oct 2018 23:39:28 +0000 http://appraisersblogs.com/?p=19525#comment-23104 1. Look at their crew on their website.
2. In my state they would have to be licensed brokers to buy and sell that many properties.
3. Georgia appraiser needs to look into that.
4. So, they are asking licensed appraisers to basically do ‘comp checks’ with zero support for anything and they’ll then sell the flipped houses to individual buyers or brokers using the appraisal (hybrid folks)?
5. It’s not clear value. It appears to be worse (if that is possible)

http://appraisersblogs.com/clearval-value-hybrid-appraisal

]]> By: Retired Appraiser https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23089 Mon, 15 Oct 2018 23:00:36 +0000 http://appraisersblogs.com/?p=19525#comment-23089 In reply to David Samnick on Facebook.

I’ve sat out the appraisal business and waited 9 years to see that happen. I’ll give it another 10 though. One never knows how appraisers will react when it comes to the last two licensees.

]]> By: Jack Of All Trades https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23088 Mon, 15 Oct 2018 21:40:17 +0000 http://appraisersblogs.com/?p=19525#comment-23088 In reply to chris.

These are the same types of people that sit there and try to break eggs in different spaces to see if there gonna taste better.

]]> By: Robert P Lutz on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23087 Mon, 15 Oct 2018 21:26:17 +0000 http://appraisersblogs.com/?p=19525#comment-23087 In reply to Diana N..

Neither would I !!! Celebrating my 50th year in real estate here in the San Francisco Bay Area, 1968-2018

]]> By: chris https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23086 Mon, 15 Oct 2018 21:00:22 +0000 http://appraisersblogs.com/?p=19525#comment-23086 They think it’s like ordering a pizza, but even that takes an hour…lol…. idiots.

]]> By: Becky Lowell on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23085 Mon, 15 Oct 2018 18:18:06 +0000 http://appraisersblogs.com/?p=19525#comment-23085 Total CRAP crap

]]> By: Abdur Abdul-Malik https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23084 Mon, 15 Oct 2018 17:33:21 +0000 http://appraisersblogs.com/?p=19525#comment-23084 What’s even crazier is how contradictory this ad is. If there are no quotas and you take on as much work as you want, why do you have to value a property in 5-15 minutes? Will your screen go blank?

Seems they are implying if you want to make $30 – $50 an hour you would need to complete 4 – 6 in an hour. That means they could be paying as little as $7.50 for a “value.”

Why not just get monkeys to throw darts at a value chart?

]]> By: Diana N. https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23083 Mon, 15 Oct 2018 16:41:01 +0000 http://appraisersblogs.com/?p=19525#comment-23083 Wouldn’t touch the assignment with a ten foot pole, and I’ve been appraising  48 years.

]]> By: Robert P Lutz on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23082 Mon, 15 Oct 2018 14:08:02 +0000 http://appraisersblogs.com/?p=19525#comment-23082 This is absolutely crazy !!!

]]> By: David Samnick on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23081 Mon, 15 Oct 2018 14:07:17 +0000 http://appraisersblogs.com/?p=19525#comment-23081 Complete and utter bullshit. Once again if Appraisers don’t rally, come together collectively or scream from the rooftops we are all going to be put out of business. ALL OF US.

]]> By: Tim M. Wiza on Facebook https://appraisersblogs.com/5-minute-appraisals-valuing-properties/#comment-23080 Mon, 15 Oct 2018 14:02:26 +0000 http://appraisersblogs.com/?p=19525#comment-23080 What could go wrong!? hmmm

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