Let's face it, at one time or another in our lives we believed in such mythical figures as Santa, The Easter Bunny, Unicorns, Sasquatch, the Tooth Fairy, and Leprechauns. All of these amazing figures have a long history of stories, sightings, and have created excitement and joy for millions of people past and present. As … Continue reading The story of the most elusive mythical figure: Customary & Reasonable Fees (C&R)
Typically when you sell a service, you include an invoice to the buyer or consumer for the services you provided. This invoice lays out the products sold, the quantities, and services provided as well as the price or fee charged. The invoice is a vital part of any business. It is an official document that … Continue reading Missing: Invoice For Appraisal Services
Well, here we go again. In my previous blog posts titled “Round and Round” and “Pressure My Story”, I spoke to examples of how lenders and/or AMCs have been pushing and pressuring appraisers to hit certain values on transactions. If an appraiser did not hit these numbers, or make changes to make the transaction work … Continue reading A Little Push Can’t Hurt Right? Wrong!!
" I am owed $20,000.00". "I am owed $2000.00". "I am owed $500.00". "I am owed $1500.00". These are just some of the quotes pulled from various groups, message boards and forums from appraisers all over the country that are owed money for the appraisal services they provided. Services they provided for a Lender, Mortgage … Continue reading Appraisers Outraged! End The Appraiser Payment Issue!