Appraiser Talkback Blog

Published by Working RE and OREP - Providing Low Cost Errors and Omissions Insurance for Real Estate Professionals. OREP.org / WorkingRE.com

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Entries from March 2012

When Nice Guys Finish Last (Uptick in AMC Complaints)

March 28th, 2012 · 1 Comment

By T.J. McCarthy
Editor’s Note: Author T.J. McCarthy, a member of the Illinois Appraisal Board, sees a growing problem regarding lenders and AMCs filing complaints against appraisers. He offers this advice: be very careful in post-closing phone calls from AMC agents.
You receive a call from a lender or an AMC who [...]

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Tags: WRE Online Newsletters

Lender Paying Appraisers Stiffed by AppraiserLoft

March 15th, 2012 · 1 Comment

By Isaac Peck, Assistant Editor
Editor’s Note: Hundreds, possibly thousands of appraisers are left with unpaid invoices as a result of AppraiserLoft shutting its doors; now one major lender is stepping up and paying up.
The argument is unsettled to what degree lenders are responsible for the agents they hire to administrate valuation services- appraisal management companies [...]

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Tags: WRE Online Newsletters

Mobile Appraising: Saving Both Time and Money

March 5th, 2012 · No Comments

By Dustin Harris
Appraisers who are truly ‘mobile’ are using laser measurers, tablet PCs or smartphones, and software to upload reports remotely to the office to be more competitive- to save time and money.
As I travel the country mentoring various appraisal business owners, I am intrigued by the fact that so many [...]

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Tags: WRE Online Newsletters