• Welcome to AppraisersForum.com, the premier online community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

01/28/22 elearning ANSI: Fannie Mae's Lyle Radke at our free monthly webinar

Status
Not open for further replies.
2.7 Property measurement
International Property Measurement Standards (IPMS) for Office Buildings, Residential
Buildings and Industrial Buildings were published in 2014, 2016 and 2018 respectively.
RICS members must adopt IPMS in line with the RICS professional statement RICS
property measurement (2nd edition). RICS members are expected to advise their
client or employer on the benefits of using IPMS, unless there is a significant reason for
departure. It is accepted that in some circumstances IPMS may not be suitable. If IPMS
are not to be used, RICS members must document the reasons for departure.
IPMS for other asset types will be published in due course. In the interim all RICS
members must follow RICS property measurement (2nd edition) Section 1 Application
of the professional statement. In some instances other measurement standards can
be used, such as the RICS guidance note Code of measuring practice (6th edition),
providing the reason for departure is stated.
In China, there are no nationally accepted common standards of measurement.
However, the Ministry of Housing and Urban-Rural Development publish a guide on
measurement standards for commodity housing and associated common building
areas.
Office space is usually measured on a net floor area (NFA) basis for letting and valuation
purposes. NFA includes columns and internal walls plus half the thickness of external
or dividing walls but not corridors, stairs, lifts, toilets, etc. Gross floor area may also be
used; this amounts to all the space within the perimeter walls for each floor or unit.
Floor areas are expressed in square metres

 
The real reason FNMA is doing this is because its part of the government plan to "we tell you what to do and you have to do what we say." Its like the government telling us to wear a mask, or kids to wear masks, or you have to get three jabs.
Just another subtle form of indoctrination.
 
CGinMN said:
They don’t have any licensing or ethical obligations, they don’t sign any type of certification, so yeah that is my understanding.
Click to expand...
CGinMN:
Absolutely. The most recent Winter/ Spring 2022 issue of Working RE is MOST Enlightening.
Articles spotlight most all CONCERNS I / we have going Forward.

TO YOUR POINT:
Third Party Inspections: "The Inspector qualification level (STILL) has NOT yet been clearly defined. Those inspectors DO NOT have to follow USPAP.
AS YET, issues of Bias, even racial bias by unlicensed inspectors DOES NOT seem to have been addressed."

SO quick to shove the GSE Forms BUT not yet fully DISCLOSES HOW use impacts the Appraiser sitting at the Desk.
GSE does not have to follow USPAP. Warns: you should DECLINE if you have questions or concerns FOR your responsibility of Credibility, liability.

BIAS: most E&O Policies do NOT cover claims of bias & racism, disclaimer found in the fine print.
So, I will be asking my specific Provider : their coverage, limits, exclusions: regarding BIAS, DESKTOP-Third Party, ANSI, ... the laundry list.

Descriptions Of the New Forms, Complying with USPAP Guidelines

USE of Market Change Adjustments & FANNIE's Collateral Underwriter.

Interesting Articles: Of concerns I had not considered.

______________________________
This past week...alone, I received 4 Surveys from Clients requesting my Opine of the newest of approved Forms.
Currently, I have not completed ONE. I feel leery. IF I share honest & intelligent concerns, my ANSWERS
may IMPACT "being active" on their roster. I have NO faith.

ANYWAY, perhaps you can find it helpful TOO.
 
B. No employee, director, officer, or agent of the Seller, or any other third party acting as joint venture
partner, independent contractor, appraisal company, appraisal management company, or partner on
behalf of the Seller, shall influence or attempt to influence the development, reporting, result, or
review of an appraisal through coercion, extortion, collusion, compensation, inducement, intimidation,
bribery, or in any other manner including but not limited to:

:rof:
:rof: :rof:
 
djd09 said:
B. No employee, director, officer, or agent of the Seller, or any other third party acting as joint venture
partner, independent contractor, appraisal company, appraisal management company, or partner on
behalf of the Seller, shall influence or attempt to influence the development, reporting, result, or
review of an appraisal through coercion, extortion, collusion, compensation, inducement, intimidation,
bribery, or in any other manner including but not limited to:

:rof:
:rof: :rof:
Click to expand...

That sure as hell sounds like what Radke was doing in the webinar.
 
don't think that entering the exception code every time is acceptable. big brother is going to be monitoring :rof:
:rof: :rof:
 
djd09 said:
don't think that entering the exception code every time is acceptable. big brother is going to be monitoring
Click to expand...
If you don't obey, you will get 'the letter.' Continue to not obey, you will get 'the second letter.'
 
they are the eye in the sky, looking at you, they can read your mind,
maker of rules, thinks you're a fool, they will cheat them blind :giggle:
 
djd09 said:
they are the eye in the sky, looking at you, they can read your mind,
maker of rules, thinks you're a fool, they will cheat them blind :giggle:
Click to expand...

I am the eye in the sky, looking at you
I can read your mind
I am the maker of rules, dealing with fools
I can cheat you blind

I can read your mind
(Looking at you)
I can read your mind
(Looking at you) :rof:
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at AppraiserSites.com
Back
Top