Comment on How Many Fees Are Needed for One Appraisal Order? by PD
Appraisers Blog
FEBRUARY 7, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Superior Appraiser
Appraisers Blog
FEBRUARY 5, 2024
In reply to Retired Appraiser. Sucker pay today for appraisal work from AMC’s. Divorces are up and valuations are needed. Thank God I made my millions and invested well. Think outside the box. Just saying.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 6, 2024
Research keywords; Are kickbacks legal in lending. / (optional add on;) , wine and dine (top hit) [link] Here is a recent one which mentions dinners and events. link] Check this one out. Rules that apply through the entire lending and related communities, mysteriously do not apply to the amc appraiser relationship?
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Comment on How Many Fees Are Needed for One Appraisal Order? by PD
Appraisers Blog
FEBRUARY 7, 2024
In reply to Superior Appraiser. I don’t know where you are appraising out of but there is no way I am able to complete an assignment in 3 to 4 hours and I started in this business when the secretary was typing the reports and had to travel to the photo shop to pick up my pictures then glue them into the report.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 8, 2024
Another highlight how systemic training deficiencies in this industry, brought unethical people to the forefront for promotions, rather than being shuffled away to the back where they belong. In reply to Truth. This guy sounds really trust worthy and responsible. Checks out. I’m sensing an amc employment factor.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Eric Kretz
Appraisers Blog
FEBRUARY 6, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by PD
Appraisers Blog
FEBRUARY 8, 2024
In reply to Truth. You got me. I just realized, thanks to your astute observations, I am guilty of all especially pitiful. I’ve been wondering what is wrong all these years and can’t thank you enough.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Truth
Appraisers Blog
FEBRUARY 8, 2024
If you are spending more than 3 or 4 hours on an appraisal assignment, you are lazy, slow, and pitiful. No wonder you guys only do 1 appraisal a month. In reply to PD. You over charge, and you are frigging slow. Good luck.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 6, 2024
I kept trying for a while but never once ran across an amc with a fixed rate billing for their side services, which over time became my top priority, to escape the financial incentive to drive my fee down. Just so they can write one check instead of two, and save five minutes. Are you using a pen name? Or maybe you will… 1
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Comment on How Many Fees Are Needed for One Appraisal Order? by Kimberly DeFilippis
Appraisers Blog
FEBRUARY 5, 2024
The article starts off by empathizing with appraisers over how they are being driven out of a cherished profession by greedy AMCs and lenders, and finishes brilliantly with the author stating they have started a company with a “NEW” platform for lenders to use and justifying their wide experience by having been the owner of an AMC.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Bill Johnson
Appraisers Blog
FEBRUARY 5, 2024
Its my understanding that this company charges a flat $99 fee for full appraisals and a flat fee of $50 for 2nd inspections (1004D’s). Seek the truth.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Truth
Appraisers Blog
FEBRUARY 7, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 5, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Cam R
Appraisers Blog
FEBRUARY 5, 2024
I’m starting a revolutionary company that will impact the entire appraisal profession. It’s called “Company to Manage Appraisals,” or CMA for short. So a “new” Mercury or Appraisalport? We’ll be completely different than what you’ve ever seen before. The industry is just so backwards.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 6, 2024
Or maybe he lives in the heart of the city and takes elevators to provide appraisal services on perfect square boxes with plentiful comps, mere minutes away from the home office. Tag on the average aggregate time loss for yearly taxes and education, even office cleaning. Most of us could likewise complete a 3-4 hour appraisal.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
I’m on the panel, but rest assured, I have no means to effect what is, or is not charged to the Vet’s. I’m also not aware of how one could impact the fees one way or another. The flat fee is beneficial when there are super easy assignment, but a head scratcher when it REALLY complex.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
ON a side note, an appraiser that is close to me appraised the house of Grohl. In reply to Eric Kretz. Not going to lie. I looked your name up as well. I assumed you were not the drummer. Would have been cool.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Kimberly DeFilippis
Appraisers Blog
FEBRUARY 8, 2024
Truth, since you are afraid to use your name and use an alias instead to spew your hatred of the slow lazy, pitiful, overcharging and “frigging slow” (redundant, look it up if you don’t know the word) appraisers out there, you will be ignored. I doubt you are even an appraiser. Maybe you’re a trainee.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Older and maybe Wiser
Appraisers Blog
FEBRUARY 5, 2024
Another fee to charge the appraiser? I’m an appraiser… not a lender… smh. Another cost to the appraiser? It hints at the appraiser needing to complete the appraisal report even FASTER? It hints at the appraiser needing to complete the appraisal report even FASTER?
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Comment on How Many Fees Are Needed for One Appraisal Order? by yep
Appraisers Blog
FEBRUARY 5, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 5, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 6, 2024
“Tom; which one are you referring to, superior, or more superior?? ” Just the plain “”superior appraiser” that was accusing me of being the whiner and complainer that causes the VA to set fees when I’m not even on the panel and have never been involved in the fee process.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 6, 2024
In reply to Superior Appraiser. The appraiser set the rules. Now they are 30 pages long and practically everyone but the appraiser sets the rules. You think the appraiser is screwing the Veteran yet the VA sets the fee? When we went to court houses the reports were 6 pages long. That makes no sense.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Superior Appraiser
Appraisers Blog
FEBRUARY 6, 2024
You act like you are doing appraisals in the 1970’s, where you actually had to go to the county offices to verify sales, like I did. If you think your VA fee is reasonable, it’s not. If you think your VA fee is reasonable, it’s not. In reply to Spencer Paul.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 6, 2024
Such was a common theme of many of the legal pages regarding the issue. In reply to Spencer Paul. Lack of manpower to investigate what is often right out in the open, but difficult to prove legally.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Russell
Appraisers Blog
FEBRUARY 5, 2024
I charged my fee and collected my fee at the door. Why are they collecting our fee? The AMCs or whomever get their fees upfront. When I work direct with a lender I get my fee upfront and not when they close. When I work direct with a lender I get my fee upfront and not when they close. Why can’t we?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 5, 2024
Let us not forget this is the model that would have worked better for the appraiser community this entire time, the quasi amc with up front billing, no variable rake, and set fixed administrative appraisal report processing fees. We’ll see if they can land the lenders or not, that’s on them.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins
Appraisers Blog
FEBRUARY 6, 2024
I’ve never fielded as many phone calls and emails. Many of them were thanking me for being the only VA appraiser that actually answered the phone and returned all emails. The attitude of the lending communities which subscribe to the amc model, they no longer have to worry about ethical push back from appraisers.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Kimberly DeFilippis
Appraisers Blog
FEBRUARY 5, 2024
So, is the appraiser fee C&R (the same as the VA’s fee)? Lender’s do not care one whip about the fees charged to the borrower. Nor does the Appraisal Foundation or CFPB. No membership fees? How, exactly, do you get paid? How, exactly, do you get paid?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 6, 2024
Your Fee 2. The AMC Fee 3. The Lender Fees to borrowers. If you get you fee, it’s none of your business what the Lender and AMC charge. When all the facts are on the table no informed borrower is going to pay $1,600 when they find the appraiser is being paid $800 as a factual fair price.
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Comment on How Many Fees Are Needed for One Appraisal Order? by PD
Appraisers Blog
FEBRUARY 7, 2024
Very good points and I’m still waiting on the response that I would like to review. In reply to Lamarr Banks. Sadly, I wouldn’t hold your breath.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 6, 2024
In reply to Superior Appraiser. Sorry dude, but I’m not a VA appraiser. Hope your reports don’t contain as much fiction as your posts. You picked a hell of an appropriate screen name though.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 5, 2024
In reply to Dave Cedar. Why don’t you just post the details here so we can all see and discuss. Sure sounds like you are selling “free lunch” 1
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Comment on How Many Fees Are Needed for One Appraisal Order? by Tom
Appraisers Blog
FEBRUARY 6, 2024
Most lenders were scared into thinking if they even looked in the direction of an appraiser they would be fined or worse. In reply to SumthinU. Those systems are in place and some do use them. AMCs, Realtors,gov etc. didn’t really do much to dispel that myth.
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63 Comment on How Many Fees Are Needed for One Appraisal Order? by SumthinU
Appraisers Blog
FEBRUARY 6, 2024
Granted I’m a newbie, but would it not be more equitable if lenders sent individual orders through a clearing house of sorts that had the option of choosing the AMC that charged the least additional fee for “administering” the appraisal ?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Retired Appraiser
Appraisers Blog
FEBRUARY 5, 2024
I am reading a boat load of appraisal fee b g articles lately. Could it because 15 years have passed and appraisers are ready to make a stand against an injustice? You guys just have more time on your hands to complain because of high interest rates and no work. NOT A CHANCE! There is a solution to your problem.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Dave Cedar
Appraisers Blog
FEBRUARY 5, 2024
Kimberly, I appreciate you reading the article that was posted on my behalf. Because I will tell you that the appraisers fee is protected for his/her acceptable amount in his/her geographical market sector. We would never suggest that the appraiser make less than they should and we do not even interfere with the appraisers fee.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Superior Appraiser
Appraisers Blog
FEBRUARY 6, 2024
The VA set the fees because of whiner’s like you who complained. In reply to Tom. God bless you. Again, God Bless you, hope you make a million.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
The Denver RLC has stated they are not lower their fee. They have stated they brought on too many appraiser’s without proper vetting and are having a hard time getting rid of some appraiser’s that can’t seem to put forth a professional effort.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
No one is going to stop them. In reply to Baggins. CFPB does not care unless it will make a big headline and cost someone hundreds of millions in fines that won’t get inforced or arbitrated for less or dismissed in appeal. I don’t have a smoking gun e-mail anymore, nor dates of phone calls.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
If I’m getting 800 (which is what I charge and I can only assume you are within the Denver RLC in the PNW) for a standard fee and they are charging the borrower another 100-150, fine. In reply to Eric Kretz. If they are taking 1600 and I’m only getting 800, no I would not. I can live with that.
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Comment on How Many Fees Are Needed for One Appraisal Order? by Eric Kretz
Appraisers Blog
FEBRUARY 6, 2024
And if an AMC is charging $50-150 above the appraisal fee then whatever, knock yourself out. I’ve seen fee disclosures of $350 to the appraiser, $650 AMC fee. But there are appraisers that will eat that fee without blinking. We are our own worst enemy… 1
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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul
Appraisers Blog
FEBRUARY 6, 2024
In reply to Superior Appraiser. How many appraisals have you completed in the past year? How many VA? Oh wait, USPAP requires an appraiser to complete the assignment with a reasonable and customary fee. VA is in compliance with USPAP based on the markets. Imagine that.
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