Make appraisers scarce....FAST!!

 

Well as you might guess this is how we take it back. If you follow the logic you’ll see it has great potential for decreasing available appraisers and thus increases the price you can charge. At some point we’ll cross a price threshold (1004 = $750?) and training recruits makes economic sense.

 

Before I spill the beans let me give you an analogy…….Suppose fifteen years ago you were a very smart appraiser. So smart you purchased not one but two investment properties. Being the savvy soul that you are, you diligently kept your homes rented and put them on the 15 year fast track to pay off the mortgages. Fast forward to today. Now you own two investment properties free and clear. As long as you keep them rented and after taxes, insurance, maintenance and management costs you have a positive cash flow of $1,500 on each property. As an appraiser going forward, with $3,000 a month of residual income the bet is you’d start saying no to low fees.

 

We’re being pushed around folks. If “they” want more forms, more photos, more verbiage, more conditions and overall more scope creep, then we want to tell “them” what the turn time is and demand appraisal fees that are “reasonable” and maybe even “customary”……..like they were five years ago.

 

This is about creating YOUR residual income through "direct sales" and showing other appraisers how to do the same. Unlike the analogy, this is not a fifteen year program. This is a six month fast track……..