• Jesse Ledbetter

Customary and Reasonable Fees

In the past week, I have received daily "offers" to perform appraisals for $60... When another AMC wanted me to join their panel, they insisted that $325 was a reasonable fee. Today, I would like to remind appraisers across the state of the empirically verifiable data of what is, and isn't a customary fee.


First the WorkingRe survey of fees for the URAR 1004:

Next the Veteran's Administration Fee Schedule:

If you're doing work for less than $350 for even a standard 1004, you're getting robbed.

3 views0 comments

Recent Posts

See All

Investopedia.com has a series on the history of redlining and use of restrictive deeds and covenants to perpetuate racial discrimination at a national and state level until the late 1970's, that is w

In every appraiser's toolbox there are three approaches to value that they reach for, the 1) Sales Comparison Approach, 2) Cost Approach, 3) Income Approach. There are objective and subjective factors

The effects of redlining are alive and well as we've seen in our prior blogs on the topic. Areas that were removed from being able to be loaned to in the 1940-1950s still under perform. Their environm