ASK FOR PAYMET TO BEGIN THE INSPECTION, This should slow the requests

Klass Less charges the borrower via credit card $695.- and so when they try to pay you $350.- you should know you’re being used as a tool. During an inspection we couldnt find the compliance Cert on MH and I said, we need to find it or you will end up paying the lender a fee to obtain the data from the HUD vendor who maintains the data. it costs like $200 to replace the CCert ………She freaked out and said “oh they are already charging me $695.- I cannot pay any more than that, and thats way too much. I about died, to find out they are trying to make at least $200 per assignment and yes, the borrower pays the whole fee.

LOL, Home Advisor is keeping your profile on their site for advertising purposes even after you fire them. Read the agreement, so does the other other one Appraiser Match you cannot ever get off their site unless you threaten to sue them. They called me and said Oh you cannot join our site without loading a credit or debit card , I said I wont work for HomeAdvisor because- I DONT PAY FOR LEADS THAT ARE JUNK OR SPAMMED, NEVER HAVE NEVER WILL and told them don’t call me again. It took me 3-5 more calls and threaten them to get them to stop calling me. I even told them Im on the Do Not Call.gov registry. They advertise on TV they have appraisers when in fact they may have 50 nationwide , one in every state. They said, Oh but Joe Blow from Miami has been working with us for years, does very well, I said, I am Not Joe Blow from Miami- go call him. Home Advisor has the lowest form of sales agents I’ve ever encountered period, just total low class pressure sales like we are a bunch of dumb asses that dont know how to run a business. Avoid them at all cost unless you have no work, and if then -maybe get out of the business because they will bankrupt you soon enough.

I’m an appraiser in Colorado and Wyoming.

I would like to be put on the appraisal list.

Direct mortgage lending where I’m at is $500-$600 with a standard 2 weeks turn time. Have a new one who pays $750 standard and jumps to $950 if rental form is included, pays $450 for desktops and drive by’s. Insane 4 day turn times including weekends so I only take one of their orders at a time.

It’s nice. It’s easy. Low stress and that works best for me. Strangely enough I still prefer the lower paying client because the longer standard 2 week turn times are so much easier to work with. A standard 2 week turn time for direct assignment lenders is in my opinion, golden.

I told the Home Advisor guy; Oh No! Please do not put up any advertisements on my behalf and I do not want any public exposure or leads or appraisal orders which do not come directly from a mortgage lender.

I don’t need to make the sale over and over again. I’m not raking super supreme premiums. I’m fine with the day to day normal routine of working with one or two lender clients, and completing only direct assignment mortgage lending appraisal requests. Or sometimes if I get lucky, an reo now and then too.

It’s like clockwork. Get one done, get another within a few days. Sometimes I have more, sometimes I have less. Just keep doing 2 or 3 a week forever. It’s a job and predictable workflow reduces stress substantially. I no longer want to juggle, boost, work overtime, or have as many orders as possible. I use no assistants or outsourced services what so ever. My business plan lately is to never have to answer the phone. It’s been pretty great so far. I mean I’ll return a call from a realtor or panel manager or someone like that. Otherwise my goal is to never talk to anyone I don’t have to over the phone, and field as few of emails as possible. To have a reliable predictable schedule like a normal working individual. It’s nice, it’s real good.

Thanks Nick!

Being put on an amc’s call list on purpose sounds more like punishment than a reward.

Day 1: Get approved.
Day 2: What’s your fee and turn time. Waste my time, never send me direct orders. Flood my email with teaser bid quotes. Call me repeatedly even though there are no actual orders assigned to me. Repeat to infinity until:
Day 3: Remove me from your lists immediately, it’s just not working out.

The problem with driving fees up with amc’s, is that they operate on the margin.

The amc and appraiser fee is not firmly tied to a single consumer. But rather is a group operational funds pool.

If you drive up the fee somewhere, the amc in turns drives down an appraisers fee elsewhere to cover the appraisers fee difference and also to keep their profit margin as high as possible. If you manage to win, some poor succer appraiser elsewhere is likely to lose. I can’t justify that in any sense, and therefore reject all amc work on principle alone. I asked for roughly 8 years, every amc which came my way, how do you bill, is it cost plus? None ever answered yes, cost plus. None ever had reliable fixed fees. That’s when I just gave up on amc’s in general.

When you work for an amc, someone always gets the short end of the stick. It is hard to justify any engagement with an amc, unless the amc operates on a cost plus basis, or passes such increase costs directly to the consumer. (but then you hurt the consumer, because that consumer would have paid less had they engaged with a lender whom did not utilize amc’s). As they contract with lenders large scale for volume, usually that’s not the case and the amc’s almost always operate on the margin instead.

They still contact me frequently, you simply can’t stop amc’s from contacting you as an appraiser. They are telemarketers and appraisers are their only customer base, they recycle the contact lists infinitely. As one amc falls away, two more always spring up. Now when they ask me to please quote this: My response is always the same: What is the most you are willing to pay, and your longest tolerable out time?

To date, not a single answer… What great companies to work for. Amc’s are more predatory than any predatory lender ever was to borrowing consumers. They’ll hang you out to dry in a heartbeat and you either pay to play, or you don’t play.

It’s not a news article.

It’s a self promoting remember me piece.

It’s what we’ve come to expect from the coach.

That and long winded obscure pontifications to justify ethical shortcomings, like when he was trying to defend mass hybrid fulfillment.

Ahhhhh, the Coach!

I like the guy. It takes quite the pair to so shamelessly self promote on this consistent of a long term basis. This Philly lawyer guy though, he won the war of who’s the best coach. Different direction and all. So funny.

and if I might add. If you have people reaching out to you through those sites, they’re what we call pedestrians at our firm. They don’t know what they need, they don’t know how appraisals work, they don’t know a lot. You want to deal with the hand holding, knock yourself out. They also tend to go from 0-10 at a moments notice ….why?….because they have no f’ing clue. They just know what they think the number should be because they checked Zillow.

THIS^^^^ 100%

Many appraisers are blissfully unaware that the same lenders whom they work for through amc’s, those same lenders also utilize direct assignment distribution channels. Often the A paper, low ltv’s, and staying with same lender refi’s are what is sent through the direct assignment portals.

But you can bet they won’t select you for direct, if you’re already doing the amc side work.

The amc appraisers always wonder, why can’t I catch a break? Why is this amc work always so difficult? Why can’t I make headway with better fees with amc’s? It’s because the lenders know all about how those appraisers folded already to amc’s for half rate, they see them coming 10 miles away. Amc appraisers get the leftovers which the direct assignment panel guys either bid up, bid out, or would not accept. That and the C paper and lender company swap overs, high ltv’s, all of that. As they are already at the end of the line with no hope and no future, struggling to get to that upper 10th of amc vendors whom actually do get a lot of work, they always take on the challenge and accept the orders. Cart and carrot routine.

Appraisers can avoid a lot of problems with improper and unfair appraisal order distribution with one simple but firm rule: The panel manager must have an appraisers license themselves. Treat those clients like gold, the rest are replaceable dime a dozen. The best lenders always hire an actually licensed appraiser to run the appraisal distribution department. Some hire more than one. The jokers of the industry allow people to get promoted to appraisal management, despite never having worked a day of any actual appraisal tasks in their entire lives, no hope of ever having a professional appraisers license themselves. They’re just replaceable people and they are truly all hot air, turn on you in a moments notice, just incredibly difficult to work with. It’s fine to have a myriad of non licensed people in regular administrative and day to day positions, lenders are not expected to hire licensed appraisers for all of that. But for the head honcho whom administers the appraiser panel, whom says thumbs up or thumbs down to any individual appraisers panel status, that person must have an active appraisers license or you can predict with one hundred percent certainty, something will go wrong, probably sooner than later.

Home Advisor is not all that. Check out this website disclosure on Site Jabber. Thousands of one star reviews and the hits keep on coming. Site Jabber is where you turn to after you realized you’ve been duped by clever internet marketing and the site which duped you then censors any criticism. Always check out Site Jabber and some other sites like Yelp and BBB first.

https://www.sitejabber.com/reviews/homeadvisor.com

Dude from Home Advisor tried to call me about appraisal leads just last month, they need someone to fulfill all the inquiries they get about appraisal services.

Lining up the service before you have lined up the vendor. Then whipping out any gullible vendor you can find to assure the referral fee. Denying negative reviews if the vendor pays premium membership, leaving them hanging out to dry if they don’t. That’s Home Advisor. Run Away!

Google keeps appraiser listings, they have wonderful lists available to any who ask. Newspapers, magazines, professional specialty publications keep specialty lists. Lists are available to most who specialize. I keep a list and I sort the list various ways to achieve MY goal.

Relo companies keep a list based on the successful RE-sale of their inventory and to grade their appraisers, and agents.

When a lender, keeps a list he can resort, and resort perfecting the list for HIMSELF, and redistribute it as a RED or A BLUE or a BLACK list.

Whose list do you want to be on??

Each area is different, but most of mine start at $1,000 to $1500. I’d probably accept $750 for not overly complex.

My friend’s AMC offers $350-$400. Been a very long time since I did one of those.

Do not use XOME either its a complete RIPOFF.