That’s the same thing Dave Biggers said about the Mercury platform, for the first several years at least. You underestimate the power of a multi billion dollar a year amc profiteering group.

I like the article because it highlights the ineptitude of software developers whom know nothing about valuation principals. That’s a real thing. Company targets appraisers for some sale. Company hires tech person. Tech person does 2 days of valuation source material reading. Tech person develops software used by tens of thousands of appraisers for years and years. Systemic shortcomings in valuation service become the norm.

I’ll look forward to the day when good people like Mr Dell will be recognized as the rare few to actually make positive contributions to this industry. Requesting software that mandates consumer fees be stated alongside appraisers fees.

Great question. We’re still working out the model. But the general idea for keeping the lights on is to charge only the client a technology fee (appraiser receives entire agreed upon appraisal fee). And we’ll never harvest and sell your data like some of the platforms out there.

Sounds fantastic, but we’ve heard variations of this song before….so what’s in it for you? How do you recapture your investment? What’s your business model going forward in terms of revenue stream? From whom will you be earning fees for your platform?

> “We need an “UBER like” Appraisal Ordering System that is Appraiser Owned and Appraiser Managed.”

We’re working on something like this that will be free for the appraiser where the client pays the technology fee.

> “After the appraisal report is completed/submitted appraisal fee is IMMEDIATELY credited into our bank accounts.”

We will be linking it with a payment system which connects to your bank account (we never hold your funds) and pays out immediately. No more waiting for checks and typical getting paid shenanigans.

And the best part? We will not allow the parasitic AMCs on the platform. Only clients and appraisers working directly together.

If you’re interested in helping as a beta tester or have any suggestions, please send me a private message.

The consumer is getting raped by the AMC mafia, Lenders and Fannie Mae/Freddie Mac. The fake “chief appraisers” who have not completed an appraisal report in over 20 years should be ashamed of themselves. Have you no conscious!

We need an “UBER like” Appraisal Ordering System that is Appraiser Owned and Appraiser Managed. During “peak” demand periods we should be able to set fees that are commensurate with market conditions. After the appraisal report is completed/submitted appraisal fee is IMMEDIATELY credited into our bank accounts.

Analytical Software Expertise might help in the Commercial world, but it is not going to increase cash flow in the Residential world. Homeowners, Buyers, Sellers, Realtors, Mortgage Brokers, Mortgage Underwriters, Mortgage Investors simply do not care and will not pay any added premium for this expertise.

In other words…it’s a waste of time and it’s a waste of money.