Where Do You Think "geographic Competency" Begins And Ends?

[George Hatch]

Okay George,

So what is the value of a national license to residential work, if the appraiser is still held to geo-competency?

sure George,

But that wasn’t the question I asked. You made several posts that people would not answer your questions directly, then you do me the same disservice you complained about from others.

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TBH, I'm kinda resenting that accusation. There's no question you could ask me that would intimidate me into ducking you.

I literally don't know what you're talking about. If someone has been talking about a national license I haven't seen it and haven't been following that discussion. I cannot answer a question I don't understand.

 

[Eli]

Here's a question for the gallery to consider:

If there is no authoritative definition of geographic competency for which the individual or the profession to refer then how does an individual defend their opinion that they're competent to perform that assignment? If there are no benchmarks for measuring compliance then on what basis can anyone criticize an appraiser for their opinion of their own competency?

As a concept, appraisal standards are not just a one sided rule that appraisers much comply with, but they also represent a defensible position for the appraiser - "because I met these benchmarks I am in compliance".

Fair. But you realize state taxes are involved here. I will be simple in my answer. There are things I know about my market you could never know unless you worked it. If you spent enough time in my market, you could get there. It would take you a ton of time on many single family residential. On commercial, it would take you less time.

 

[Joe Flacco]

Pretty arrogant for any appraiser to think they are geo competent nationwide in residential appraisal as long as they have the local data source. Pure hubris.

 

[Eli]

Note the push to eliminate commercial appraisals. I’m sure that just has appraisers jumping to be a commercial appraiser.

Just have to change focus.

Target market has to change. No biggie. Appraisers rule. Govt will make sure appraisers rule.

 

[George Hatch]

Pretty arrogant for any appraiser to think they are geo competent nationwide in residential appraisal as long as they have the local data source. Pure hubris.

So you don't think you could competently complete an appraisal on a condo unit in my community?

I'll bet you can.

 

[Joe Flacco]

So you don't think you could competently complete an appraisal on a condo unit in my community?

I'll bet you can.

So if I can do a good job on 75% of assignments in your town is that sufficient to say that I am geo competent for assignments in your town? The bechmark needs to be 100% no?

For the other 25% who's going to decide if the appraiser is not geo competent for the assignment? Someone else at the national level who is also not geo competent?

 

[George Hatch]

So if I can do a good job on 75% of assignments in your town is that sufficient to say that I am geo competent for assignments in your town? The bechmark needs to be 100% no?

Competent to appraise everything was never the question. I don't know how you jumped to that conclusion.

I would say that if you're competent to perform appraisals on 75% of the assignments in my town then you're competent to perform 75% of the assignments in my town. If you are capable of doing 35% then you're capable of doing 35%. If you're competent to do 95% then you're competent to do 95%.

Besides, the "geographic" angle is only part of the competency question, right?

For the other 25% who's going to decide if the appraiser is not geo competent for the assignment?

I think "who's going to decide which appraisers are/aren't competent" is second only to the question of how they would go about making that determination.

 

[Renee Healion]

So how do you defend your opinion on a question of geo-competence...Your defense would depend on who is accusing you and in what context.

You could offer support of your geo-competence, such as a history of practice in the geo area, acceptance of your testimony as an expert by the jurisdiction's court, sufficient access to MLS, other data service subscriptions.

 

[Meandering]

Oh come on Joe
They need at least one appraiser to agree that out of state appraisers can be geo-competent.

That’s why there was a hissy fit over limitations early in the thread.


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[Joe Flacco]

Competent to appraise everything was never the question. I don't know how you jumped to that conclusion.

I would say that if you're competent to perform appraisals on 75% of the assignments in my town then you're competent to perform 75% of the assignments in my town. If you are capable of doing 35% then you're capable of doing 35%. If you're competent to do 95% then you're competent to do 95%.

Besides, the "geographic" angle is only part of the competency question, right?

It's a very big part of the competency question.

So who decides if the appraiser is competent for the specific assignment or not? Someone else at the national level that is also not geo competent? You have to be geo competent to know if you are competent or not.