Poll - How Likely Are You To Retire Before Implementation Of The Uad 3.6 Abomination?

[sputnam]

According to a survey, Americans say you hit 'old' at 57. As for retiring, I'll retire when I can no longer do the work.

 

[TC]

As usual, a flawed poll. Where is "I am a survivor and can take anything they throw at me."

I am an appraiser, will be an appraiser after the 3.6. I have heard this story a few times before over 35 years. I was an appraiser before UAD and after UAD. How many are still that here cried and said they were leaving over the UAD? I was an appraiser before AIready and after AIready. How many said they would never do AIready, but still capitulated? I was an appraiser before Dodd Frank and after Dodd Frank. I remember when licensing thumbed its nose at AI designations. I was an appraiser before and after licensing. The profession is no better or worse because of licensing. The same skippies that operated then operate now. The one thing I remember over 35 years of appraising is the same motto they have been saying since the mid-1990's. Adapt or die.

And Fernando is a bottom...feeder.

 

[djd09]

they have divided the appraiser from the client, fees, independence, and now the inspection...carry on comrades

 

[Bobby Bucks]

I'm still in a wait and see mode. At this point we're sort of like the proposed victims in the Roman coliseum waiting to see what comes out of the gate to get us. As far as fees and difficulty, supply and demand will work that out. In the meantime, their target date isn't exactly written in stone, the GSE/AMC/CE axis of evil has lied to us countless times, why should we expect them to tell the truth this time? I'll give them credit, so far they've successfully uploaded 311,147 reports in the new UAD format, quite an accomplishment.....no wait a minute, they've uploaded one.....but they're working hard!

 

[Chandler]

I semi retired in October 2022. I'm a little over 50 now and we have a bunch of rentals and I have other income from rehabs. I had planned to do about 2 a week when I wasn't busy and didn't even get that (I could have but I turned down the crap orders). I renewed my CR license earlier this year for probably the last time and will check out the new thing when it comes out. If there's any trouble at all with it, I'll just pass on any work since we're fortunate to not need the money. For this year I've probably only completed like 60-65 orders so I have 9 toes out the door anyway lol.

 

[Vermonter]

New UAD is no big deal, it's the low volume of work that will end it for me. If the current trend continues into April/May (E&O and license renewal), there's no point in dragging it out.

Wife and I are super frugal, saved all our working lives, invested well and no kids. She recently went 100% remote so it may be time to travel.

 

[Fernando]

I saw the new UAD abomination form.
I need a higher fee to do it. It's an abomination.

 

[cashcatz]

Yeah, portal fees for the software they freaking lender selected are BS - they should be illegal (not talking about apprasialport, etc)

 

[cashcatz]

I saw the new UAD abomination form.
I need a higher fee to do it. It's an abomination.

What is everyone most concerned about - the data collection and getting it all into the form? Seems like the same old principles apply to the analysis / approaches to value part, right?

 

[Fernando]

What is everyone most concerned about - the data collection and getting it all into the form? Seems like the same old principles apply to the analysis / approaches to value part, right?

It's so many pages. Worst than I imagined. When will I actually get to the appraise the property.