Inflated Appraisal Fee?

[Mo Maktari]

Hey guys, sooo is it me or are appraisal fees through the roof? I was just quoted $1050.00 for a duplex which included a $150 rush fee. Please reassure me before I do something irrational!

[Malcomb Stapel]

Quote from @Mo Maktari:

Hey guys, sooo is it me or are appraisal fees through the roof? I was just quoted $1050.00 for a duplex which included a $150 rush fee. Please reassure me before I do something irrational!

 So if you subtract out the fee you paid $900 to have two units appraised, so roughly $450 per unit. Your paying $100 less than me per appraisal. Some appraisers will give you a discount on multi-family if you are using their service consistently.