Which Topic Fires Up Appraisers More?

[ucbruin]

Sure whatever you say ...this board is turning into dumb and dumber!

Obviously....
Since you're not part of the dumb and dumber duo....
Then it's obvious to me who the 2 are....
MCG is the dumber....
Am I correct?
Peace MCG....

 

[gregb]

No, I actually don't. I am a realist. Facts are facts.

Compare the number of appraisers in your state in terms of appraisers and population to other states. Supply and demand run the world.

Yep, supply and demand analysis could be applied by historians to our elected officials, that does not mean it applies to best qualified appraiser nor to those elected officials. Trust me, I can compete, and i will be among the last appraisers standing... Supply and demand relates usually to economics, not selecting the best appraiser.

 

[Michigan CG]

Supply and demand relates usually to economics, not selecting the best appraiser.

Appraisers competing for AMC work are not competing on quality, only speed and fee.

 

[gregb]

Appraisers competing for AMC work are not competing on quality, only speed and fee.

Not according to DW...quality is highly rated.

 

[Michigan CG]

Not according to DW...quality is highly rated.

His idea of quality, from his perspective, are different from my idea of quality. Danny's company would fire me after the first report.

 

[ucbruin]

Not according to DW...quality is highly rated.

My 2nd favorite Steely Dan song.....


Drum roll please.....

#1

 

[Tim The Enchanter]

What AMC's and lenders really want.

 

[J Grant]

Yep, supply and demand analysis could be applied by historians to our elected officials, that does not mean it applies to best qualified appraiser nor to those elected officials. Trust me, I can compete, and i will be among the last appraisers standing... Supply and demand relates usually to economics, not selecting the best appraiser.

Agree. Supply and demand usually relates to consumer goods, not professional services , or at least not in the same manner. If my dentist is slow for a week, he does not lower his fees, ditto if more dentists move into the area he still may not see much fee difference. Othwerise known as C and R, most professionals of equivalent service level tend to charge very similar fees in a region, putting aside high/low outliers. That is because most professionals, and in fact appraisers outside of lender work, have a wide pool of potential customers and clients,.In addition, these customers/clients/can engage a professional directly for services, which is prohibited in res lender work, aka a loan officer can not directly engage an appraiser) Then add in the AMC influence, and supply/demand is skewed in the res lending work model. S/D was not the subject of the thread, but since he bought it up:

Mich CG-Appraisers competing for AMC work are not competing on quality, only speed and fee.

Being that is the case, do you believe AMC;s selecting appraisers by the above criteria is good for the public trust interest ?

 

[J Grant]

Assuming this thread can be about more than the ha ha appraisers are hypocrites trap the OP set;.what does USPAP the public trust mean, and how do appraisers handle it when it can conflict with their own economic/business interests?

Acting in the interest of the public trust may not mean the public trusts us ( some do and some don't, all we can do is try to earn their trust). It means when acting as an appraiser, the appraiser will not engage in practice or bias that harms the public trust ( translation : act ethically )

As to which topic fires up appraisers more, unless the OP is a Forest Gump and truly does not get it, fees are the topic reason being:

1) Those appraisers who act ethically and comply with public trust mission, do so every day in their practice, so what is there to talk about ? ( I believe most appraisers fit this model)

2) Those appraisers who practice situational ethics/ may not always comply with public trust will not going to admit it on a bulletin board, so again, what is there to talk about?

 

[EddieB]

His idea of quality, from his perspective, are different from my idea of quality. Danny's company would fire me after the first report.

In my opinion I fired them before my first assignment.