One of the first appraisal management companies I worked for was Protk. When I was in Arizona a few years back, they were my first and only client outside of a few orders I got from local brokers that needed help setting sales prices. They really were a life saver and I will always appreciate their business.
When I came back to San Diego I simply changed my service area with all the appraisal management companies, which made it really easy to move back. Protk must have been receiving less for appraisals in San Diego, so I stopped doing appraisals for them for the most part. I hope things change when ‘fair and customary fees’ go in to affect, but I am not going to hold my breath. I still do work for them and I am sure fees vary from area to area, but at this time I only do very complex assignments for them.
They do send me about 5-7 requests a week for appraisal work, but I usually wait until they call me with a very complex assignment. If my week has been slow and I am looking to pick up an extra order, I will give my appraiser vendor a call to negotiate fees on a complex appraisal request.
Call your Protk vendor manager to negotiate fees if you are not able to complete an order at their requested fee. If you don’t have to call and they are offering competitive fees, even better.
As usual, by delivering the highest quality and well noted appraisals, you might become an expert in your area. You will be able to request higher fees due to complexity and they will begin to call you when they have complex assignments.
By being approved with multiple appraisal management companies, you will be able to cherry pick the best requests and you will be called to complete complex assignments. You might not get your fee every time, but I have received over $1000 orders from a number of clients.
If you have not already signed up to be a vendor at Protk, do it now by visiting:
If you have signed up, but are not receiving any requests, make sure you log in, check that all of your information is up to date and call or email your vendor manager to find out how you can get more appraisal requests.
Have a great week and I will contact you again soon. Please contact me if you have any questions or visit http://www.appraiserincome.com for more tips!