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3.6 The promises, the predictions, the panic and the fight for the dwindling appraiser dollars

DWiley said:
You are conflating issues. There is nothing in the UAD spec related to software automatically suggesting ratings and/or adjustments.

Does some of the software offer such capabilities? Sure. That kind of stuff has been around a very long time, and it is growing now with the expansion of AI use. As with any tool, there is nothing compelling or requiring its use and/or the acceptance of the output. If you do not think an analysis is credible, then you certainly should not sign your name to a report that uses the analysis.

There is an adjustment tool that has been out for a couple of years now that some appraisers use. I would never use it because when I looked into it I found that the method it was using was in direct conflict with fundamental appraisal principles. Some choose to ignore that and use its output. That is on them. They are choosing to use it without understanding its flaws; they are not required or compelled to use it (or any other such tool).
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Glad you pointed this out! Software companies design their products so they “do the work for you”. As a result, I suspect that a lot of appraisal files contain next to nothing. All well and good for time but if any appraisal is called in to court or before a Board, there are going to be a lot of appraisers with a deer in the headlights look when asked to explain their work. Hint: “The software came up with it” won’t cut it.

Also, I find my software when doing time adjustments, is garbage; just because “garbage in, garbage out”. I frequently have to remove 6 figure time adjustments on comps that sold last month.
 
So...Does UAD 3.6 work or not? What's the problem? Why is this so difficult?
 
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Tom D said:
Why don't you open one up and play with it, stop acting stupid. You can do that in win total and other ones.
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Because I don't want to right now. I am already scared to death because of people who have.

I use Total. I have been with them a long time. I haven't tried it yet and taxes are due soon.
 
My health insurance has gone up along with everything else. I don't have time right now. How many excuses you want?

I just don't have time right now.

Perhaps Fannie would pay my health insurance premiums as an employee.

I can go down that road too. I think Fannie should be owned by the Government.

With friends like Fannie and appraisal management companies, who needs enemies?
 
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Ca Ar Independent said:
View attachment 107909

This is the best we can hope for :) How do you feel about it? :)
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Real Estate is not easily categorized just by "data". It never has been. That's why appraisal business ever even existed. It's incredibly frustrating for leaders who believe in centralized control. A bunch of disorganized real estate professionals running around and in many cases making more money than them requires the pounding of the square peg of real estate into the round hole data based centralized ecosystem.
 
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So spent some time over at facebook appraiser forum. Very quiet. They were yaking about 3.6 that format at facebook sucks because it isone long conversation, Looks like tje old guys are struggling. I did pick out the fact the inspection app is the trick for your tablet

So the tablet screenyou must be able to see in daylight I guess the learning curve will be steep in the beginning

Using a clip board and paper won't work well because there are 14 pages. not saying you cant but productivity will suffer
 
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heard something thing on tv last night wealthy people our leaving NY City and heading south to Florida so jgrant will get busier. It is so bad that the ny governor is begging them to come back or send money to pay city bills
 
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