DESKTOP appraisal's - The appraiser's Best Play?

[Non Sequitur]

Class Valuation Removes Appraiser Trainee Roadblocks With The Pod Program​

“We, at Class Valuation, saw the need to do something to help the industry,” Chad Stanius, senior vice president of staff appraisers for Class Valuation, said. Stanius believes demographics suggest the shortage of appraisers will not improve anytime soon.


“We realized that by training appraisers in a new and exciting way – by placing trainees in pods and teaching them how to efficiently use the industry-leading technology that Class Valuation offers – supervisors would be able to take on more volume while the trainees receive professional, comprehensive instruction. We think this approach will have a positive impact on the market,” he said.

Class Valuation Removes Appraiser Trainee Roadblocks With The Pod Program

Appraisal management company, Class Valuation, announced the roll-out of its Staff Appraiser Pod Program to solve a major roadblock for appraisers in training while strengthening appraiser independence. The pod model builds on the existing supervisor and trainee requirements by pairing one...

nationalmortgageprofessional.com

sure, triple your fee

Yep. Many AMCs have become appraisal firms. Good luck competing with that.

 

[djd09]

“We, at Class Valuation, saw the need to do something to help the industry,” Chad Stanius, senior vice president of staff appraisers for Class Valuation, said. Stanius believes demographics suggest the shortage of appraisers will not improve anytime soon.

Chad Stanius | Credit Risk Anallyst III​

Chad Stanius is the Credit Risk Anallyst III at Fannie Mae based in Washington, D.C., District of Columbia, United States.

appraisers can't figure it out. here is some help

 

[J Grant]

The verbiage I read about home owner measuring and taking photos over an app with appraiser on the app remote monitoring is counted as a live event and does not need to be verified.

I really dislike this as it puts the relationship of homeowner and appraiser into a weird dynamic, with appraiser telling the owner do this and do that and the owner (or RE agent ) now thinking they did the work so have a stake in the appraisal, plus how do we know if owner does it correctly or did not photograph a problem area - and later they can complain the appraiser made them do it wrong, or was mean to them etc.

 

[alebrewer]

The verbiage I read about home owner measuring and taking photos over an app with appraiser on the app remote monitoring is counted as a live event and does not need to be verified.

I really dislike this as it puts the relationship of homeowner and appraiser into a weird dynamic, with appraiser telling the owner do this and do that and the owner (or RE agent ) now thinking they did the work so have a stake in the appraisal, plus how do we know if owner does it correctly or did not photograph a problem area - and later they can complain the appraiser made them do it wrong, or was mean to them etc.

Have you used the technology yet, J? If not, how can you opine on the viability of said technology?

 

[TMG]

Sign my name on another persons inspection....nope.

If we ignore desktops...they'll go away.

AMCs - 0
Appraisers - 1

 

[J Grant]

Have you used the technology yet, J? If not, how can you opine on the viability of said technology?

It is not about the technology, it is about the people. My post referenced the odd relationship this will create between appraiser and a party, and a possible feeling of entitlement borrowers and RE agents will have after they do, in their minds, half the work in an appraisal -plus any miscommunication or accusations that can arise -

You said you used it with a test person on the other end ? Have you tried it with an actual home owner ?

 

[TerryRohrer]

Yep. Many AMCs have become appraisal firms. Good luck competing with that.

Their chief "appraiser" is licensed in 10 states, so they will have some coverage area.

 

[Essexfenwick]

Yep. Many AMCs have become appraisal firms. Good luck competing with that.

Just in time for the huge drop off in volume and making the training program too expensive to run with no money coming in.

Then when it picks up in 2 years it’s too late to start it up and it cuts into better money making time allocation anyway.

Real estate confounds the control freaks

 

[alebrewer]

It is not about the technology, it is about the people. My post referenced the odd relationship this will create between appraiser and a party, and a possible feeling of entitlement borrowers and RE agents will have after they do, in their minds, half the work in an appraisal -plus any miscommunication or accusations that can arise -

You said you used it with a test person on the other end ? Have you tried it with an actual home owner ?

I've demo'd one of the offerings, and it was with a homeowner. I was pretty impressed. And, based on conversations I've had with other appraisers who've used the technology, they've been won over as well. That's not to say everyone who tries it will be sold, but I think it does imply that, if you haven't tried it, you really have no idea...

 

[Dale Floyd]

We received three desktop requests yesterday from XX, and they offered similarly $110 and $120 for the effort. After my assistant very kindly rejected the fees offered, XX responded "All the other appraisers in your county are accepting them for that amount or less."

That's a problem since my firm represents the only active appraisers in this entire county.