“Comp” Checks: Turning Requests into Orders
“Comp” Checks: Turning Requests into Orders “Please check the comps first and call me immediately if the value is not there.” Sound familiar? Or the mortgage broker who calls from parts unknown asking:...
View ArticleChase Denies Responsibility for Bankrupt AMC Debt
Editor’s Note: The bankruptcy earlier this year of the appraisal management company (AMC) ESA left millions in unpaid fees to appraisers, agents and brokers, who now are trying to collect from Chase,...
View ArticleCustomary and Reasonable Fees: Making Your Case
The good news for appraisers is that the Financial Reform legislation recently signed into law puts teeth into its mandate that appraisers be paid fees that are “customary and reasonable.” Now what?...
View ArticleFeds Respond: Customary and Reasonable Fees
Editor’s Note: Two blockbusters last week: The Feds released the Interim Final Rule regarding implementation of Dodd-Frank and Fannie Mae released a new Seller Guide for life after HVCC (Home Valuation...
View ArticleCollection Strategies (That Work)
Collection Strategies (That Work) By David Brauner, Editor Appraiser and office manager Nikki Moffatt, like most of us, gets pretty tired of chasing deadbeat clients. Here are a few tips she has...
View ArticleHow to Make Six Figures Appraising (Part Two)
Editor’s Note: We received a number of comments on last issue’s cover story: How to Make Six Figures Appraising. One of the most “colorful” leads to this follow-up story (see Readers Respond). The...
View ArticleGetting Full Fees
Getting Full Fees By David Brauner, Editor Appraisers will tell you that fees haven’t budged in 15 years or more. For many, fees are falling. Welcome to the world of mega banks and the AMCs that...
View ArticleComp Checks: Learning to Live Without You
Editor’s Note: This story is one in a three-part series: Pressure: Dealing with It; Comp Checks: Learning to Live Without You and Getting Full Fees. Find more at www.workingre.com. Comp Checks:...
View ArticleMaking $300,000 a Year: Clarified
Editor’s Note: WRE received many questions and comments in response to last issue’s Making $300,000 a Year Appraising. We sent them to the appraiser profiled in the story for his response. Making...
View Article“Low Bid” Appraisal Ordering and Its Effect on Quality
“Low Bid” Appraisal Ordering and Its Effect on Quality by Isaac Peck, Associate Editor Any appraiser who has worked with Appraisal Management Companies (AMCs) is likely familiar with the “order by...
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