Agreed.

Seek the truth.

I was agreeing with you.. amcs are a plague on this industry..

What is wrong Bobby with my statement? The fact that it took me 17 years of hard work to get approved with the VA? The fact that even with TRUE inflation I net less today compared to 20+ years ago? Please elaborate?

Seek the truth.

Bobby Jones I’m going on yr 20 in this profession. I attempted to diversify with Matterport 3D virtual tours and RE photography but have not had much success as of yet. I have no idea what I could do that would equal the money I currently make. It’s angering, frustrating and sickening.

David Samnick my thoughts exactly…1004p will put most of us out of business. This is shit… what do we all plan on doing. I do not have a back up plan..

hybrids are shit

That is what is wrong with the industry

Right before Coester published their national fee trends data many years ago, I observed that although all my other in web fees were still as I had set them, the FHA fee was suddenly $275. Somehow they over rode appraisers entered fees.

Enter your own fee is codeword for who wants to show the most advocacy, because cost savings from reduced cost appraisal services will not be returned to the borrowing consumer but rather will be held as a variable economic incentive to be the preferred assignee, contrary to the appraisers management rule and fair billing principals. When you discount and the consumer does not save, you have provided a thing of value in a pay to play environment.

If management companies don’t know what a fair fee is by now, and can not present a fair fee up front in a direct assignment scenario, respectable appraisers simply can’t help them. If you’re an appraiser and are still playing those bidding games, you’re part of the problem not the solution.

Being in a very large military town E J, I’m blessed to do on average 7 to 12 VA assignments (took 17 years to get approved) a month ($600), and to still have good clients dating back 20+ years. Throw in some more recent direct lender work/relationships, and on an individual basis my results are not typical for my market. Even if I have it good, I understand that if 20, 40, 60, or 80% of the profession is struggling (say $300 AMC splits), then the industry will not survive, and thus I will go down with it.

Call me the peoples champ or a d**k, but I like to support from the bottom up, versus the top down regardless of my individual results.

Seek the truth.

Wow, I guess another symptom of the ACS syndrome is violent verbal outbreaks. Do they have a pill for that? Philip, it’s very common for one appraiser to say, so & so company (perhaps an AMC) is great, when perhaps that same company is screwing over 8 out of 10 other appraisers. Philip, go get yours (that’s fine), but when it comes to AMCs most are not being treated as you described (Example $600 AMC fees / your split), and thus in part the reason for this post (vacation time request).

If the current appraisal system is collapsing due in part to AMC involvement, be careful ignoring the realities of most, as perhaps that reality will become your own.

Seek the truth.

We’re on the same page. No more updating license or E&O for all the a-holes I never hear from anyway.

Wow, what a massive d**k you are Bill Johnson. You don’t know me at all. Which is evident by your silly attack. Go f**k yourself.

Philip Gray now that makes sense then. Good to hear

I can understand Bill. 20 yrs ago my wife & I moved out of Tampa, where I had lived for 47 yrs. We were fed up with it. Now living in rural SE GA I cover 4-5 counties and have never been more relaxed. If I can do 3-4 per week I’m livin like a king. I’m down to 2 AMC’s I work with, the rest are locals.