Real Estate Appraisal Forum

appraisersforum.com logo
The Premiere Online Community for Real Estate Appraisers!
 Fastest Way to Find a Real Estate Appraiser Enter Zip Code:
 
 
Go Back   Appraisers Forum > Real Estate Appraisal Forums > General Appraisal Discussion
Register Help Our Rules Calendar Archives Mark Forums Read


Closed Thread
 
Thread Tools
  #1  
Old 11-26-2003, 09:46 AM
CANative's Avatar
CANative CANative is offline
 
Join Date: Jun 2003
Location: Hopland, CA
State: California
Professional Status: Certified Residential Appraiser
Posts: 46,053
Default

The below is an excerpt from the magazine "California Real Estate" published by the California Association of Realtors" I thought you might find it interesting. The article suggests ways Realtor can take advatage of the refi boom to keep in touch with former clients to get new sales and referreals. Under the paragragh labeled "Leverage Relationship with Lenders," the following gem appeard:

Quote:
Real estate agents also can help in a refinancing by providing appraisers with accurate information about a home's current market value. Stacy Richardson, an associate with Dillbeck, REALTORS GMAC Real Estate's Westlake Village office in Conejo Valley, recently became an advocate for two clients whose refinancing appraisals came in below market value. "Both of these were five-bedroom homes whose owners had done a tone of upgrades," Richardson says. "One was a 5,000-square foot, two-story home that had been completely remodeled and had a spectacular lake view. The other was a 3,500-square foot home built in 1999 that had really been enhanced."

In both cases, Richardson talked with the owners and their appraisers about how these specific homes differed from standard construction. She also outline how quickly market values were appreciating in the neighborhood. "In this market, appraisers have to weigh pending sales, as well as closed sales," she says. "In many cases, a home can go up 5 percent in just three months. It took a lot of legwork, but as a result my clients were both able to refinance their homes."

In addition to thanking Richardson for her assistance, both clients have continued to send her a steady stream of referrals.
__________________
“The peasants are revolting? Why yes, they are quite revolting.” ~ Oscar Wilde
Sponsored Links

  #2  
Old 11-26-2003, 09:56 AM
liznindy's Avatar
liznindy liznindy is offline
 
Join Date: Jan 2002
Location: Central Indiana
State: Indiana
Professional Status: Certified Residential Appraiser
Posts: 1,253
Default

Geezz, they (real estate agents) have the best PR people!
  #3  
Old 11-26-2003, 10:10 AM
Karl Karl is offline
 
Join Date: Jan 2002
Location: Arizona City AZ
State: Arizona
Professional Status: Licensed Appraiser
Posts: 7,602
Default

Anyone ever meet a RE Agent that has said Market is steady or declining?
  #4  
Old 11-26-2003, 10:11 AM
Carnivore's Avatar
Carnivore Carnivore is offline
 
Join Date: Jan 2002
Location: Queen City
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 12,604
Default

Liz,

Why thank you for that comment. Just think if you joined the NAR you to would be part of a group that has as much if not more power and influence than the MBA.

Think about it.
  #5  
Old 11-26-2003, 11:17 AM
Pamela Crowley (Florida)'s Avatar
Pamela Crowley (Florida) Pamela Crowley (Florida) is offline
 
Join Date: Jan 2002
Location: Wherever We Are Parked
State: Florida
Professional Status: Retired Appraiser
Posts: 25,254
Default

Geeeez

Guess the appraisers should be selling and the sales agents should be certifying the values.

:eyecrazy:

This really pi**es me off. :twisted:
__________________
All that is necessary for the triumph of evil is that good men/women do nothing.
Fight Back!
  #6  
Old 11-26-2003, 11:30 AM
Chris Colston's Avatar
Chris Colston Chris Colston is offline
 
Join Date: Jul 2003
Location: East Central Florida, Space Coast
State: Florida
Professional Status: Certified Residential Appraiser
Posts: 5,442
Default

Quote:
Originally posted by Andrew - Charlotte@Nov 26 2003, 11:11 AM
Just think if you joined the NAR you to would be part of a group that has as much if not more power and influence than the MBA.

Think about it.
I don't know about the rest of the country, but here, locally, if you want to get MLS, you have to join NAR. I've been a member of NAR since 1986, even have my GRI. I don't see where they do THAT much for appraisers.
But that's a different discussion for a different time.
__________________
Chris
  #7  
Old 11-26-2003, 11:33 AM
Blue1's Avatar
Blue1 Blue1 is offline
 
Join Date: Jan 2002
Location: SUPERIOR California
State: California
Professional Status: Certified Residential Appraiser
Posts: 5,953
Default

Realtors trying to influence appraisers? Gee, never heard of THAT!!! (Sarcasm alert <_< )
  #8  
Old 11-26-2003, 11:56 AM
CANative's Avatar
CANative CANative is offline
 
Join Date: Jun 2003
Location: Hopland, CA
State: California
Professional Status: Certified Residential Appraiser
Posts: 46,053
Default

Can you imagine some Realtor calling you up to "discuss" a refinance appraisal you did for a completely different client? It's not just that it is unethical, it's freaking none of their #%#@$%$ business!!!

And this Stacy person has just published this behavior in a magazine. AND APPARENTLY, THE APPRAISER RAISED THE VALUE!!!!!
__________________
“The peasants are revolting? Why yes, they are quite revolting.” ~ Oscar Wilde
  #9  
Old 11-26-2003, 12:01 PM
Pamela Crowley (Florida)'s Avatar
Pamela Crowley (Florida) Pamela Crowley (Florida) is offline
 
Join Date: Jan 2002
Location: Wherever We Are Parked
State: Florida
Professional Status: Retired Appraiser
Posts: 25,254
Default

The appraisal biz is currently OVERLOADED with unethical and incompetent appraisers. Many are at fault for this situation, including NAR.
__________________
All that is necessary for the triumph of evil is that good men/women do nothing.
Fight Back!
  #10  
Old 11-26-2003, 12:03 PM
Tawfik Ahdab's Avatar
Tawfik Ahdab Tawfik Ahdab is offline
 
Join Date: Feb 2003
Location: Central Oregon Coast
State: Oregon
Professional Status: Certified Residential Appraiser
Posts: 1,813
Default

Can you say "unlicensed appraisal activity"?
Sponsored Links

Closed Thread


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump




Copyright © 2000-, AppraisersForum.com, All Rights Reserved
     Terms of Use  Privacy Policy
AppraisersForum.com is proudly hosted by the folks at AppraiserSites.com

Fastest Way to Find a Real Estate Appraiser Enter Zip Code:
Partner Sites:
AppraiserUSA.com - National Appraiser Directory AllDomainsUSA.com - Domain Name Registration
DeadbeatListings.com - Deadbeat ListingsAppraiserSites.com - Web Hosting for the Professional Real Estate Appraiser
Find FHA Appraisers - FHA Appraiser Search Commercial Appraisers - Commercial Appraiser Search
Relocation Appraisal - Find Relocation Appraisers Domain Reseller - Business Opportunity
Home Security Buzz - Home Security Info Radon Testing - Radon Gas Info
My Medicare Forum - Medicare Info Stop Smoking Help - Help Quitting Smoking
CordlessPhoneStore.com - Great Cordless Phones AndroidTabletCity.com - Android Tablet Computers

Follow AppraisersForum.com:          Find us on Facebook            Follow us on Twitter


All times are GMT -5. The time now is 05:00 PM.

SiteMap: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93