Monthly Archives: October 2017

2017 Fee Survey Results

OREP/WRE – 2017 Fee Survey Results

My comment: 2017 appraiser fees were studied nationwide – including rural Washington state which includes all of San Juan County; Friday Harbor, Orcas, Lopez, Shaw, and Guemes in Skagit County.  92+% of rural Washington appraisers are charging over $600 for a standard 1004 URAR (single family residential) lender report, with 55% in the $600-800 range. Keep in mind some lenders use an AMC (appraisal management company) instead of hiring the appraiser directly.  Using an AMC adds to the cost of the appraisal and many of you know that your appraisal fee charged during financing is significantly more than what is indicated in this study.