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  • Writer's pictureJesse 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.

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