Staff from the Federal Reserve Board recently requested survey results from the OREP.org/Working RE Customary and Reasonable Fee Survey, with over 16,500 appraisers participating. Why? Because customary and reasonable fees and other issues related to the Dodd-Frank Financial Reform Legislation are not settled, according to the Federal Reserve, who is tasked with implementing the law-…
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Real Estate Appraiser Information Working RE Magazine is the #1 source of real estate appraiser information and appraisal news. We are committed to reporting relevant and timely appraisal news for real estate appraisers nationwide. Working RE is the only appraiser magazine that is delivered to the majority of the industry in print and is published quarterly.…
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Editor’s Note: Some appraisers are being paid full fees for their appraisal work, even though the orders are coming from AMCs. Here’s how it works. First published in Working RE print, Volume 31. Fee Solution – Cost-Plus AMC Model? by Isaac Peck, Associate Editor Some appraisers are being paid full fees for their appraisal work,...…
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If you work with Appraisal Management Companies (AMCs) or are willing to keep an open mind about it, here are several key points on how to find the best companies to work for and how to make more money with less struggle, according to one appraiser who is doing just that.
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Editor’s Note: Lore DeAstra is our resident FHA expert and author of the FHA Inspection Checklist, Checklist Instructions and eManual. The eManual is recently updated with 23 new pages of material, visit https://www.workingre.com/fha-checklist-ebook/.
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Editor’s Note: Veteran appraiser and expert Jo Anne Meyer Stratton explains the difference between manufactured and modular homes- there is more than meets the eye.
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Editor’s Note: Fast becoming one the profession’s most pressing problems, another AMCs has failed; this time leaving individual agents/brokers owed thousands or tens of thousands of dollars. How the lender and regulators respond may create important precedence for the industry. AMC Fails: Appraisers and Agents Stiffed Again By Isaac Peck Evaluation Services/ES Appraisal Services is…
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Editor’s Note: One appraiser with considerable experience as an “ordering agent” for lenders- a kind of AMC, has practical advice for fellow appraisers on the effective use the “conditional decline” to get more high-paying orders.
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Editor’s Note: In this story, USPAP instructor Bryan Reynolds offers some solid advice on making the best of what can be a difficult situation: dealing with an attorney and going to court.
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Editor's Note: Most appraisers know how to be form fillers but an appraiser who is a good businessperson also, is harder to find. Here are some tips from the field.
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