Baggins, What they did was far better than the ‘nothing’ that most states have ‘done’. They HAD a proposal in front of them that proposed the fee ranges you cite. Im told they were impressed by it but in the end believed the V.A. fees to be more appropriate.

We (AGA) supported that belief as (1)FAR better than nothing, and (2) far less likely to be challenged in courts by the likes of Revaa and their deep pocket clients. You can read the proposal that was given to them at http://www.appraisersguild.org C&R fees. (3) At the present time, there is a LOT of national support for the V.A. fee schedule while fees like you and I cite still have to be argued on their own merit. The VREAB gives each speaker five minutes to speak.

There is also a LOT of behind the scenes advance lobbying that goes on. IF members are predisposed to look on one view favorably; it would be extremely rare that they might change and go in a completely different direction. What usually happens then is that they either say ‘no’ outright, or ‘table the issue’ to some future date. IF you want VREAB and others to ultimately adopt HIGHER C&R fees, then join us at the AGA and work for them with those that are already trying to effect changes.

But for real, these VA orders run through a variety of lenders, and I’d bet the lenders wrangle the VA appraisers around for the typical 2 in 90, 2 a/uc, all within 1 mile, answer any over 6months, and demand 6 total comps.  That’s so standard lately, it’s just the regular deal.  The wrench in the gears, is always the underwriter, and if they’re overly critical or not, which presumably stems from their over reliance on automated review tools.

Funny.  Rest assured there are no deadheads in the amc world. Greed is their top priority.

But YES!  They can assure C&R, if the flat rate, is clearly better than average.

A $600 to appraiser payout, + fees, that should be a good flat rate to adopt, which covers all bases, for starters until the industry can get to where it should have been by now, which is over $750 per appraisal.

Downvoted. Please use the furthest right window tool box in the blog post, the one with the little mountains. And then lift a hotlink for a gif image or static image or something. Posting youtube links as a hotlink is over the top, just copy the link into your post instead. Please limit your hotlinking to gifs or pics. Thanks. 

If you’re upset about lack of due process in the representative governance system…. Well, I hope you voted Ron Paul, will vote Trump, registered Libertarian lately, join groups, write letters, and put your money where your mouth is with national boycotts. I moved my loan to the CU, and life is good. The only person I’ve contemplated killing, is my television. LOL

THAT may have a LOT to do with why you weren’t seeing answers either.

Your comment is now visible Mike. The comments/conversation are very hit and miss, but they do say they get one million unique visitors per month. I always hoped many were reading, but simply not replying. Although again I tended to break the door down versus your knocking on the door approach I wish you luck. Ted Rood is the leading commenter.

Bubba, Good question! Where IS ICAP? YOU may have to lead the charge there.

http://www.amcregs.com/ See what your state’s AMC regs are and then lets go from there. We’re willing to help.

Bill, OK, I signed up and wrote something but now cant find where its posted. may be too fresh.

Bill, you know how their site works better than I do. See if you can find me. Mike Ford and my ‘company’ is listed as American Guild of Appraisers on that site because I want to take a ‘bridging approach’ with them. let me know your thoughts if you can find the post (related to article you talked about here).

Yes. I single handily commented for 6 months to address their articles from an appraiser perspective (my opinion), and they eventually pulled the plug on my ability to post. It was an eye opening experience as it gives a window into the business as viewed from the loan origination side. Their articles tend to hit on a dozen things while not giving much substance to their statements. They did not like my substance.

You hit it right on the nail head Bill. Posting of FLAT fees is essentially an admission of Dodd Frank non compliance. I addressed this in prior blog about COESTER and their “invention” of one size fit all flat fees nationally. THAT is why I designed our (AGA) proposed C&R fee schedule to be flexible as either r national deminimus fee OR a state by state fee minimum by merely adjusting the local area multiplier.

Mortgage News Daily? as in:

http://www.mortgagenewsdaily.com/channels/pipelinepress/03012016-fraud-prevention.aspx
I’ll see what I can do.

Thanks Pat. I think some people are starting to see that, but are still hampered by inertia. You SAW it first hand so what I’ve been saying for over a year here needs no explanation for you; but others that haven’t seen it or that have only heard about it from me (as in CA AB 624) may have had doubts.

We [appraisers] can have the BEST position or logical & moral argument for a view but unless our regulators are (1) predisposed FOR our position or (2) they are already mandated to conform to it they do NOT usually adopt ‘extra’ implementing regulations that may be necessary for enforcement.

THAT gets bureaucrats in trouble with elected state officials that may or may not be getting campaign contributions from the huge title cos & other corporate conglomerates that own the AMCs.

They Usually have to have a compelling reason to become proactive.

Usually when we announce we are speaking for our over THIRTEEN MILLION consumer and taxpaying members, retirees, etc.  (though OPEIU & AFL-CIO) it provides them with an excuse to do the right thing. THAT is really why state coalitions and AGA need to work directly together more.

Too true Pat! By the way, GREAT job You, Damian and VaCap did. FYI, RA used to be in the fight but he opts for a different path now.

Its really MUCH easier than that. VA ‘requires’ only three comps unless YOU determine more are needed. So any AMC that automatically requires 4 & listing is exceeding the VA scope. Same with a rent survey or any other addendums AMC may order that are not standard for VA. Check VA rates for ‘any other services’ and add those to base. Or, contact Pat T. at VaCap for specific ideas.

RA, PART of the problem is that Kentucky actually did university studies for C&R fees. A study that I read and consider to be flawed. On paper, THEY may think they ARE getting C&R fees. Another part of the problem is that they don’t appear to HAVE an appraiser with a quadriplegic horse that is interested enough to try to make any changes.

I know you are retired, but you CAN still help if inclined to do so. Want to try a “Patron Membership” in the Guild and give it a shot? Contact Janbellas@appraisersguild.org  and tell her you are retired and I referred you as a potential patron.

You and I both know that will never happen. It’s a nice thought though.

Martin, Floridas AMC laws can be found here.

They SEEM to be pretty good actually except it does not DIRECTLY address C&R fees. It DOES infer or imply they COULD be enforceable IF you had an AG or department that chose to do so.

Anyone: http://www.amcregs.com/ for any other states AMC laws.

Check YOUR state. IF you want to DO something, then join with me at AGA.

Chris, look at all the posts here. Do you see a unified front celebrating the hard work and accomplishment in VA or do you see disparate individual comments with no apparent end goal in sight?

Many people worked very hard to achieve this including those that got it on the agenda in the first place.

Just to name a few…

Damian G. (VaCAP & AGA Member); Pat T.-VaCap, Untold OTHER VaCap Members that attended the meeting last week to help get this passed; Leo Regensburger Executive VP American Guild of Appraisers, and numerous other  appraisers behind the scenes that helped do the research, wrote presentations and coordinated with the various interests in favor of the proposal. (appraisers last names intentionally omitted to avoid potential retribution by AMCs-which by itself would be a HUGE & costly mistake on their part)

Opposing the minimum fee were the usual “suspects” including REVAA which specializes in representing and advocating for the established practices of numerous AMCs that many of us consider to be ‘bottom feeders’ to begin with.

Success in resolving issues facing us is NOT an overnight proposition. We could use YOUR help too. Join the American Guild of Appraisers (AGA) http://www.appraisersguild.org janbellas@appraisersguild.org -mention my name and ask for the discount.

One point stands out about the meeting as it was reported to me. When Leo spoke up and stated that he was representing the interests of THIRTEEN MILLION AGA, OPEIU/ AFL-CIO taxpaying and consumer members, retirees, their families and guild appraiser members the Board sat up and LISTENED!

While it was ultimately the strength of the presenters testimony that carried the day, it sure did not hurt to have a huge number of citizen interests also represented. Interests that are best served by have fees adequate to compensate for a properly completed appraisal!

VREAB itself is also to be commended. They were clearly looking out for the People of the State of  Virginia over the big buck backed AMC special interests.