Analyze this statement.

[hastalavista]

TJ. Don't listen to these guys. I don't know why a Trainee can not do a review. You are checking the work of another appraiser. You are no giving a value here, only the quality and correctness of the appraiser's report.

If a value was also asked for by your client than there are 2 different assignments. One a review and one an appraisal.

(my bold)

Todd-

I'd respectfully disagree with you. I'd say there is only one assignment. :new_smile-l:

 

[Lawrence R.]

What I was told.

By a member of our board back when I was a trainee...I had asked about a spot on our experience log for reviews...

I was told that no credit would be given to a trainee who performed a review, as anyone who for any reason was not fully licensed had no professional standing to evaluate anyone who was.

My (Good) supervisor let me do one all by myself start to finish and then proceeded to blow it out of the water for me, and then send his review to the client.

It was very humbling, and that happens rarely with me, lol.

So, I actually can ride upon the high horse that says trainees should not be doing reviews, unless it is STRICTLY for practice.

By the way, will any entity accept a review that is cosigned appraiser/trainee?

But, I don't mean to be snarky about it, and at least he is learning at an early stage about the state of our profession.

And I also applaud you for taking advantage of all of your resources before moving on with this assignment.

 

[toddmallard]

No DD I respectfully disagree with you..

If I am asked to do a review of an appraisal, Than I am checking the quality of another's report. Not giving a value.

If the client want's a review and than my opinion of value than its 2 assignments. We can play this game all day as weather it is one or two assignments, I guess it's whats called for in the order..

DD also see standard rule 3.3 section a.

 

[T.J.]

My apologies .. but trainees have no business doing reviews. Its my opinion and its a strong one. Im not holier than thou .. I dont do reviews .. and frankly neither should you.

It's a proven fact that an apology is immediately nullified when it is followed up with any of the following words: BUT, HOWEVER, etc.

:laugh:

I respect your opinion and don't dislike you for it, however (hehe) I don't agree. I think what Karl said rings true so much in this profession that all of us get lumped in and more that pretty soon all appraisers are going to be like buttholes, everybody will be one and they'll all stink!

 

[Webbed Feet]

No DD I respectfully disagree with you..

If I am asked to do a review of an appraisal, Than I am checking the quality of another's report. Not giving a value.

If the client want's a review and than my opinion of value than its 2 assignments. We can play this game all day as weather it is one or two assignments, I guess it's whats called for in the order..

Mr. Mallard,

I'll help you and Mr. DeSaix reach a compromise on this one. How about the two of you agree that what is being discussed is either one (1) phased assignment with two phases, or two (2) assignments without any phasing? . Depending, of course, on how the engagement is worded.



Webbed.

 

[toddmallard]

Webbed I somewhat agree, but standards rule 3.3 states:

If the assignment includes the reviewer developing his or her own opinion of value about the subject property of the work under review, That opinion is an appraisal. than standards 1 and 2 must be inforced.

I say this because I see no reason why a Trainee can not do a review as per standards rule 3 as pertaining to strictly a review. No including a value opinion.

 

[PropertyEconomics]

Isn't it amazing how those can find fault with a Trainee once they say anything about a CERTIFIED. Regardless how he saw the Statement That a listing is a sale. His intentions are what isd important. I hope he'll sdend it to his board & ask HOW this can be,

CERTIFIED use to be something to be proud of, now I feel as though all it is, a Good Old Boy network that I'm Certified I can get away with a lot more. Remember many more Certifieds brought all these new license & Trainees into the "Profession" & now that in most states CERTIFIED can be direct from Trainees I see NO value in Certified.

I'm betting there is NOT many CERTIFIEDS on here that do NOT let the TRAINEE do a Review. But guess what a CERTIFIED SHHHHH stinks just like anyone elses.


It doesn't matter muich anymore cauise the Appraisal Profession is so Broken I see no way in thwe near future to fix it.

Karl .. I cant disagree with your post .. and if this trainees mentor taught him to "dismantle", which means to tear apart by the way, then we know what the real issue is. While he later apologized about the word, it is, and remains clear to me, that the word was used as that was his intention.
Our profession doesnt have anything to do with trainee or certified it has to do with competency. We all know that there are many certifieds who are not competent just as there are many trainees that aren't.
I just have serious questions when the main goal is to tear something apart. Right or wrong ... when your goal is to "dismantle" something ... I think you are wrong. Again its just my opinion, but I am an appraiser, and my opinions are strong. If we want to improve our profession, all aspects need to be improved including constructive reviews ... not just ones to get rid of bad apples so to speak. I think there are as many bad reviewers as there are appraisers. These posts make that argument pretty strongly.

 

[hastalavista]

No DD I respectfully disagree with you..

If I am asked to do a review of an appraisal, Than I am checking the quality of another's report. Not giving a value.

If the client want's a review and than my opinion of value than its 2 assignments. We can play this game all day as weather it is one or two assignments, I guess it's whats called for in the order..

No problem, I'm fine with a disagreement. And I agree, I don't want to play a word game (or any other type of oneupmanship) either.

I wouldn't raise my point if it were not for the fact that "assignment" is defined in USPAP as being a "valuation service" and a review is defined as being part of the "valuation service" set and that "review assignment" (singular) is defined as forming a quality opinion of another's work that can include a review opinion of value (still referred to in the singular form "assignment").
That doesn't mean you (or anyone else) couldn't break it out into two assignments if you wanted to.
I prefer not to since it would be redundant. :new_smile-l:
And, technically (as you point out and I agree), if a review appraisal requires an opinion of the quality of another's work, then the second appraisal is a review that has that same quality opinion plus a review value (therein lies the redundancy)- because if it doesn't have the quality opinion and it just has a value, then it isn't a review appraisal. :Eyecrazy:
(that's one of reasons it is easier for me to consider it "one assignment"... but that's me! ).

 

[toddmallard]

PE, I fully agree, I do hope that the trainee doing this review understands what he is doing. At least understand what a review is.
" a review of the quality and accuracy of the appraisers report" not a review of the comps used or adjustments used."

 

[T.J.]

Karl .. I cant disagree with your post .. and if this trainees mentor taught him to "dismantle", which means to tear apart by the way, then we know what the real issue is. While he later apologized about the word, it is, and remains clear to me, that the word was used as that was his intention.
Our profession doesnt have anything to do with trainee or certified it has to do with competency. We all know that there are many certifieds who are not competent just as there are many trainees that aren't.
I just have serious questions when the main goal is to tear something apart. Right or wrong ... when your goal is to "dismantle" something ... I think you are wrong. Again its just my opinion, but I am an appraiser, and my opinions are strong. If we want to improve our profession, all aspects need to be improved including constructive reviews ... not just ones to get rid of bad apples so to speak. I think there are as many bad reviewers as there are appraisers. These posts make that argument pretty strongly.

I'm really trying not to be rude, but I'm not sure what you're failing to see. I acknowledged that the word "dismantle" was probably not the best term to use, and was limited to the statement I provided. No where did I say I was dismantling the entire report or trying to trash someone else's work with pleasure. That's wrong and not what I do. You took it upon yourself to assume that. So consider yourself corrected a second time and move on.

However looking past the fact that's what I said, a certified appraiser who can sign just about anything for anyone made an incorrect, misleading statement that was caught by someone that apparently someone like you looks down on. This statement is blatantly false and was made by someone who is supposed to have had many many years of training and experience, sat through hours of classes, and so on. That was my reason for the original post. Is how can someone who has had all of this training and experience make such an unfounded statement and think it's alright and that it will fly.