If you have read any of my posts, you will have already guessed that the title of this one is sarcastic.
I had a good client (mortgage broker) who was pretty much forced to give up her business due to the HVCC, and ended up merging into another larger practice. Once there, she recommended me as one of the 5 appraisers that their AMC uses on a rotation (and the AMC pays full fee, so I can't complain). However, I found out last week after the orders dried up that I had killed three deals for another broker in that office, and he called the AMC and had me removed from the list. They were all good, defensible appraisals, and no one questioned the overall report, or provided additional comps, or wanted to discuss my adjustments. Just, "well, he isn't making the value, so cut him".
So once again, I think we have proved that government intervention has failed to do anything except make life difficult (and expensive) for all of us. Thanks again Mario!
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