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Old 10-15-2009, 11:51 PM
Terrel L. Shields's Avatar
Terrel L. Shields Terrel L. Shields is offline
 
Join Date: May 2002
Location: Springtown, AmeRica
State: Arkansas
Professional Status: Certified General Appraiser
Posts: 40,713
Default another "Update" request

Got another request for an "Update" of an appraisal on a farm that I did 5 years ago...

Where the heck are these Banks getting the idea that appraisers can wave their arms and create a few pages of creative writing and "update" a 50 page report with 3 approaches that was done under market conditions that are totally unlike what exists today?

And since I didn't get the job, I am curious who did....and how they could have done the job any cheaper than me? The only other credible poultry farm appraiser close charges about $600 more than I do.

These update requests are coming from the bigger Regionall banks...again, i don't understand.
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Old 10-16-2009, 05:58 AM
Marion Rhodes's Avatar
Marion Rhodes Marion Rhodes is offline
 
Join Date: Feb 2006
Location: Poconos
State: Pennsylvania
Professional Status: Certified General Appraiser
Posts: 11,270
Default

That's cause they told Skippy it's a residential property with a few hobby chickens in the yard.

They'll probably call you back after Skip takes a drive past the place.
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