I’m not sure that there is an answer specifically for that question. It’s all in what an appraiser wants to get out of their business. Most of the time appraisers are their own boss, they make the rules and so they can set certain criteria for when and how they want to work. They are the rule makers for their minimum bid.
Now these may be different for each appraiser but for my office we are looking at these things while making a bid – no matter the type:
- Scope of Work
- Who’s the Client?
- Are they easy to work with?
- Do we get a lot of work from them?
- What is our current demand?
- How far away/Distance to subject?
- Is there anything complex about the assignment (we tend to stay away from these but there is certainly a price/time for such assignments)
- Are they waterfront?
Again, this is not the end all be all list for our office but it’s the beginning stages of how we decide what we want to charge. You have to know your worth and don’t be afraid to ask for it. On the flip side, don’t be afraid to go a little lower every now and then when the work is easy (you know you’ve had homes that were almost identical to a recent report you’ve done at least once!!).