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

I am capable of *competently* completing an appraisal assignment on a "typical" SFR even if

  • I've worked in the community before but have never worked in this particular neighborhood

    Votes: 30 52.6%
  • If I've worked in this County before but have never worked in this community

    Votes: 29 50.9%
  • If I've worked in this region before but never in this County

    Votes: 21 36.8%
  • If I've worked in this state before but never in this region

    Votes: 12 21.1%
  • I am capable of figuring out a typical SFR property almost regardless of where it is.

    Votes: 35 61.4%

  • Total voters
    57
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Read the posts n the other thread, make your own conclusions.
 
Not in evidence for the question i asked.

["Multiple choice poll. Check all that apply, and I'm leaving the "allow voters to change their votes" box checked so if you change your mind you might be able to change your vote.

This is a question about competency, not about licensing; so for the purposes of discussion please disregard all licensing and liability issues. Those are legitimate concerns, but they're also a separate concept and merit their own threads.

Other assumptions that are necessary to ensure we're working off the same playing field include:

- assume the assignment in question involves an SFR that's typical for its community
- assume you have access to the same data sources any local appraiser would have access to
- assume you have the technical competency to appraise that property type if it was located in your own back yard.
- assume your SOW does not involve having to move to that location


We're not referring to ALL property types and amenities an appraiser might run into, just the ones that most all of us already know how to do. Think typical SFR, not some uber custom on a lakefront or the morphodite trouse that Bobby Bucks lives in."
 
Who other than you has made that postulation?

I see no one else going down that road. As a business who has done this work for years I don't even understand the premise of using an out of area panel appraiser for such work. In most cases that would be silly. And I really don't understand the references to appraisers without local MLS data.

JG has stated before that she is or was on our panel. So, she should know that we actually require our appraisers to demonstrate that they have local MLS access by submitting a screen shot showing them logged in with valid credentials (as an aside, a disappointing number of appraisers steal their MLS data). So, the notion that my company would encourage work without local MLS access is pretty far fetched.
 
cert 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located.

The certs thought MLS important enough, I assumed GH meant it as part of the same data a local appraiser has access to...perhaps these polls to be meaningful need to be more specific , if not we answer from our own perspective.
 
I see no one else going down that road. As a business who has done this work for years I don't even understand the premise of using an out of area panel appraiser for such work. In most cases that would be silly. And I really don't understand the references to appraisers without local MLS data.

JG has stated before that she is or was on our panel. So, she should know that we actually require our appraisers to demonstrate that they have local MLS access by submitting a screen shot showing them logged in with valid credentials (as an aside, a disappointing number of appraisers steal their MLS data). So, the notion that my company would encourage work without local MLS access is pretty far fetched.

I did work for your company years ago ( maybe before your tenure, not sure), have not done any in recent years due to low fees in my area though I did rejoin the panel when invited 2 years ago ( but have not done an assignment since)

I will say in a tribute to your company, even though I am not a fan of their fees or now EXOS (sorry), I will say they never, ever "pushed" for value and had high standards as to what they would accept .
 
Perhaps you shouldn't jump to conclusions and from the sublime to the ridiculous so very often. An old wise man said you have 1 mouth and 2 ears, be mindful of that. Mr Rex adds that in today's society you have 10 fingers and you should be more mindful than less when you spout every single thought that passes through your narrow mind for all the world to see. "Better to stay silent and be thought of as a fool than open your mouth and remove all doubt".
 
Interestingly I now have MLS access to a huge area...way outside of anywhere I have worked. North, South Carolina. Its not very good the further I get away from Charlotte... Many of the areas all the Realtors are not participating or they forget to open the listing up to the world LOL
 
"Today, there is a push to use third-party inspectors to collect the data. Will you adopt this change or continue to collect the data yourself? Or will you hire a trainee to collect the data for you? Either way, first generation inspection apps are dead because you’re not going to pay anyone to fill out a 1004 form in the field on their iPhone. You want high efficiency when you’re paying the bills.

The key to making this decision and others like it is remembering that you are in the valuation business. You produce and sell property valuations – that does not ever change. What does change, is how you produce property valuations. If you always aim for producing valuations better, faster, cheaper, it’s hard to go wrong when selecting new technologies to invest in."



https://www.appraisalbuzz.com/are-you-an-early-adopter/

I highlight the last sentence just for JG!!!! :)
 
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