Comments on: Charging by the Hour for Appraisal Services?

By: Wayne

Wayne — Fri, 29 May 2015 22:43:52 +0000

I for one think “Retired Appraiser” gives some very good advice! Of course, many appraisers refuse to take good advice. There are some appraisers who will accept an assignment as described in this article and then sing boo hoo. Many of us just laugh at them and shake our heads in amazement! Some appraisers will put up with “anything” an AMC or other joke of a client comes up with. These are the ones who are constantly complaining about low fees, scope creep, etc. If you are one of these you should seriously consider a different occupation. The rest of us are charging top fees and turning down assignments every day!

By: chris

chris — Fri, 15 Nov 2013 22:37:39 +0000

we can end this nonsense if we stick together. think about it, there are only so many appraisers within a 30-60 mile range. all you have to do is call each other and set up some ground rules…like a $25.00 pay increase every year on a certain date. they will never give us a raise, they will and keep it for themselves. there can only be 500 appraisers at best covering the city of Philadelphia or any other city…the guys in Harrisburg are not going to Phila and the guys in Pittsburgh are not going to Harrisburg or Phila. Its up to us, not them, We wont get help at the national level, nor the state level, we have to do it at the local level. and that’s us. search the alamode website and the aci website for appraisers, if aci have a list, call eachother, get together, set the rules, and don’t be greedy, just fair.

By: Rich the Appraiser

Rich the Appraiser — Sun, 18 Nov 2012 08:04:56 +0000

Yeah Dude, you’re retired, so perhaps you can please help your fellow appraiser-brothers-and-sisters by taking-up a new habit to fill your time. You know the in’s and out’s more than any of us intermediately experienced or newbie appraisers. Please begin by gathering and organizing us into a team that can stand our ground. Then help by spreading the word to all the appraisers to clam-up for a month as per your suggestion, and we can all make this problem go away. Thank you so much for volunteering! The world needs many, many more (GOOD) helpful people like yourself!!!

By: Retired Appraiser

Retired Appraiser — Fri, 16 Nov 2012 20:29:10 +0000

Appraisers could learn a great deal from the drug campaign of the 1980s & 1990s. It all boils down to three little words:

“Just Say No”

In my opinion learning which assignments to avoid is more important than any other skill when it comes to valuation. The risk alone can be enough to ruin an appraiser.

Appraisers could also learn a thing or two from the employees of Hostess this week (yes the maker of Twinkies). IF ONLY appraisers could grow a set and stand their ground, AMCs could be driven into bankruptcy within a month.

By: Jack Schlenk

Jack Schlenk — Thu, 15 Nov 2012 18:13:19 +0000

A quick trick, Hypothetical value, the subject’s prior sale was 10% above the market average value, and also was 8% above the median value. Based on a hypothetical value the subject present market value would be 10% above the market average value and 8% above the median value.
If there is a large difference maybe the prior sale value was not supported by the market data at that time.

By: Philip Gray via Facebook

Philip Gray via Facebook — Thu, 15 Nov 2012 17:44:36 +0000

I had a similar experience with Interthinx, doing a forensic field review (exterior only) on behalf of FannieMae. They were looking to burn the original appraiser and I could feel it by the tone of the order instructions. Several back-and-forth with the reviewer that was reviewing my review. Never again. Just too much “regular” work out there to deal with these pricks looking to burn someone.