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Old 12-01-2003, 08:42 PM
Travis McGee Travis McGee is offline
 
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Question- in reviewing an appraisal, if the appraiser's names are blacked out by client, how can it be reoported? Thanks. Working on a doozie.
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Old 12-01-2003, 08:45 PM
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Pamela Crowley (Florida) Pamela Crowley (Florida) is offline
 
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Send it in to FREAB anyway and let them get the name from the lender.
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Old 12-01-2003, 10:48 PM
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Chris Colston Chris Colston is offline
 
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Hope it's not one of mine......JUST KIDDING! :rofl:
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Old 12-02-2003, 08:11 AM
jeff samolinski jeff samolinski is offline
 
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Sure glad JO-Ann's not after me!!
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Old 12-02-2003, 09:01 AM
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Don Clark Don Clark is online now
 
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B) Actually there is a FAQ in TAF's FAQ books that states it is appropriate to review a report where a name is blacked out. I will research and post when I find it.

Don
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Old 12-02-2003, 09:22 AM
Damon Pedersen Damon Pedersen is offline
 
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Jo Ann:

Complete the review and send it in to the client. Then explain to them that the appraisal you reviewed should be reported due to what you found in the review. Ask them if you could be provided with the appraiser's name.

I would think they would provide that. Usually they black out the name so that the reviewer completes and unbiased review. If your review is done, there can be no bias.

Damon
  #7  
Old 12-02-2003, 09:25 AM
Paul DelleDonne Paul DelleDonne is offline
 
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What purpose does a review have? Why do'em? The pay is never commensurate with the work involved. Are the BAD appraisers/appraisals ever turned in by the client for appropriate sanctions? I don't think so. I still see the Scums of the world runnin' around with a clipboard and license patching any number on the bottom of page 2 the client wants, without any regard for integrity, professionalism and USPAP. Let the AVM'S deal with it in post closing.
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Old 12-02-2003, 09:57 AM
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Dan Leggett Dan Leggett is offline
 
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Jo Anne: As Pam said, send it to the FREAB anyway.

Don: SR 3-1 [b] [v]

Paul: The pay is never commensurate with the work ONLY if you elect to accept a lower fee. If you are still seeing "Scums" in the industry, whose fault is that?
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Old 12-02-2003, 10:42 AM
Randy Beigh Randy Beigh is offline
 
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Paul

There are 2 differents issues in your post, pay and doing reviews of your peers.

How much you get paid is your hands. You decide what you are worth.

Just because ABC Company says we pay $XXX for reviews, does not mean you can't say, I need $YYY. If the company and you cannot come to a negotiated term, then don't do the assignment.

As long as the system is set up for peer review, I think we should all be doing reviews, but I think we need training and experience, so that we are not arbitrarily ripping on each other.
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