UAD 3.6

[Joe Flacco]

I think my clients might not even require it. I'm just going to wait and see what they say about it.

 

[NC Appraising]

Its gonna be a AMC factory staff appraiser job, cause they will have the vovolume.

This is how I see it playing out.

Hybrids will be the most common appraisal order.

The PCR will be uploaded.

A staff appraiser at an AMC or one of the national firms will download it.

Most will be certified in multiple states. There will be 2-3 appraisers or 1 appraiser and staff on each job.

They will use AI to wrangle all of the data.

Then they will use the comps and adjustments that was generated by their software. Make some comments. Done. 20-40 minutes?

Makes the mortgage bankers happy....rocket and UWM. 1-2 day appraisals.

Unfortunately, it will have the opposite effect. The GSEs wanted us to become appraiser analysts. For appraisers to put most of the work toward the meat of the appraisal and not the inspection side.

Hybrids will be nothing more than a appraiser assisted AVM with a PCR.

 

[Fernando]

Seems like a mini home inspection. Surprising since USPAP doesn’t require an inspection.

Our "home inspection" will increase our liability.
With so many pages of information, our error rate will increase and more opportunities to blame appraisers for incompetency and not doing better due diligence.

 

[Bobby Bucks]

Keep in mind the new method or “form” if you insist on calling it that, has been thoroughly field tested and unanimously approved by the national association of property data collectors, criticism of the new system by mere appraisers will not be tolerated.

 

[Tom D]

We peasants can complain at best, but revolting is a question of bravery, or lack thereof.

I personally will choose hari kari, as an honorable way to protest. Or, maybe just retirement with a new profession as a money hobby. Which i have already started. Have gone past retirement a while ago.

 

[glenn walker]

This is how I see it playing out.

Hybrids will be the most common appraisal order.

The PCR will be uploaded.

A staff appraiser at an AMC or one of the national firms will download it.

Most will be certified in multiple states. There will be 2-3 appraisers or 1 appraiser and staff on each job.

They will use AI to wrangle all of the data.

Then they will use the comps and adjustments that was generated by their software. Make some comments. Done. 20-40 minutes?

Makes the mortgage bankers happy....rocket and UWM. 1-2 day appraisals.

Unfortunately, it will have the opposite effect. The GSEs wanted us to become appraiser analysts. For appraisers to put most of the work toward the meat of the appraisal and not the inspection side.

Hybrids will be nothing more than a appraiser assisted AVM with a PCR.

You finaly figured out their game plan ? Just jerking your chain, but you have it down 90% .The remaining 10% of the plan is to hard for many to deal with, so let it play out on it's own. No use kicking a man at this point.

 

[TC]

Keep in mind the new method or “form” if you insist on calling it that, has been thoroughly field tested and unanimously approved by the national association of property data collectors, criticism of the new system by mere appraisers will not be tolerated.

Somebody's gotta do it!

 

[Bobby Bucks]

Somebody's gotta do it!

So there are PDC reviewers too? How much do they pay you?

 

[gregb]

So there are PDC reviewers too? How much do they pay you?

TC don't kiss and tell.

 

[TC]

It's all in crypto, so I don't know.