Freddie Mac vs Appraiser Bias

[George Hatch]

The third party inspectors are not making any ratings.

They're documenting their observations on their own and independent of the valuation process. That documentation is outside of the appraiser's control or input. For example, the appraiser can't pick and choose which pics or angles to include or exclude.

 

[Zoe]

Joan was attacked by people who disagree with her business model but she built a successful business model and is doing real good and much better than many appraisers so whats wrong with that.

It doesn't make sense to me. From now on your nickname is gullible Glenn. LOL

Don't be offended if I call you "GG". You'll know what it stands for.

 

[Zoe]

They're documenting their observations on their own and independent of the valuation process. That documentation is outside of the appraiser's control or input. For example, the appraiser can't pick and choose which pics or angles to include or exclude.

Your getting a nice gift from Joan. LOL

Have ya'll met? I think you could BFF. LOL

 

[Zoe]

I read motivations George.

 

[J Grant]

They're documenting their observations on their own and independent of the valuation process. That documentation is outside of the appraiser's control or input. For example, the appraiser can't pick and choose which pics or angles to include or exclude.

correct. So how is it possible that DW says appraisers make more "accurate" ratings when a third party inspects?
What percent out of the total does he believe this is true of ?

What is the basis for the certainty since he did not inspect the property, how can he know the appraiser was more "accurate" when someone else inspects?

If per his example an appraiser is either that incompetent or trying to push value to cite a 100 year old not updated in 40 years house as a C 3 , why would that change with the infor coming from a third party?


If it is not the egregious cases, but rather the grey area borderline judgement call, perhaps the in person feedback differs from the photos. I've had photos make properties look better and photos that made the property look worse,, wrt not fully able to transmit the actual condition and quality found at the site.

 

[glenn walker]

Your getting a nice gift from Joan. LOL

Have ya'll met? I think you could BFF. LOL

I have met her and her daughter years ago nice people she just decide to hang up her license , tape measure and quit driving comps. A good move

 

[Zoe]

I have met her and her daughter years ago nice people she just decide to hang up her license , tape measure and quit driving comps. A good move

Your a licensed real estate agent. I won't touch your political views.

Joan attacked appraisers personally as a professional. I had fun with her on forum. I never attacked her personally or her as a licensed professional.

 

[glenn walker]

Your a licensed real estate agent. I won't touch your political views.

Joan attacked appraisers personally as a professional. I had fun with her on forum. I never attacked her personally or her as a licensed professional.

I am a Commercial Broker- I never viewed JT as unprofessional .

 

[Zoe]

I have met her and her daughter years ago nice people she just decide to hang up her license , tape measure and quit driving comps. A good move

Your a licensed real estate agent. How many motivations can I read into that? LOL

 

[glenn walker]

Your a licensed real estate agent. How many motivations can I read into that? LOL

I am not a real estate agent have not sold residential since 1984 as far as motivations I really dont understand what you are talking about ? There is nothing JT could do to help me make money.