Appraisal Volume

[togatour]

Yes, blame it all on Musk?? Who has controlled the White House and the treasury for 12 of the past 16 years. If a better way of doing things is the final end to the Residential Appraisal profession, I am all for it. That better way is not here, but the end may be.

 

[J Grant]

Yes, blame it all on Musk?? Who has controlled the White House and the treasury for 12 of the past 16 years. If a better way of doing things is the final end to the Residential Appraisal profession, I am all for it. That better way is not here, but the end may be.

WTF is blaming it on Musk?
READ

I said, (implying a future ) that anyone exited by Musks; efficiencies ( then the remainder of my post compared it to what happened, past tense, ) to our profession, )

 

[shrubberyvaluation]

Yup - anyone who welcomes Musk fire them all ! Efficiency in every aspect of govt and work might want to look at what it did to the appraisal profession and the public trust -
The GSE entities are more efficient now thanks to WAIVERS, but to what end? They do not make lending less risky,

It destroyed the res license profession to a large degree and despite the claims of it saves consumers money, ( citing over a billion $ in fees a year), those same consumers are still paying hundreds of billions in lender fees and charges, trillions if you add in RE commissions - their saving n an appraisal fee is drop in the bucket - and the borrowers can end up losing tens of thousands later by possible over paying or over-borrowing in a WAIVER.

It is not a conscience that as these "efficiencies" (waiverfs but also AMC;s failing as the firewall) became insidious, that more and more RE is not sold to owner occupants but rather to LLCS's and investors, with many owner occupants permanelty priced out of the market due to high prices that might be propped up by some of the changed valuation protocols.

What did musk do to appraisals? I've never heard him even speak on the topic. You like to defend those doing this and assign blame to others.

 

[togatour]

What did musk do to appraisals? I've never heard him even speak on the topic. You like to defend those doing this and assign blame to others.

READ

That is where I screwed up

 

[Maveric33]

Yes we are in big trouble and so are appraisal software companies, AMC.s , E&O insurance companies, list goes on they just don't know it yet

Oh forgot continuing Ed, Licensing at the state level they going to be next.... We have never had leverage they could bypass us at any time and the ignorant public have no clue what we do or did and will not miss us just an inconvenience in the way of the loan lol

 

[Maveric33]

What did musk do to appraisals? I've never heard him even speak on the topic. You like to defend those doing this and assign blame to others.

Yes everyone loves IT and the speed it brings no matter the cost...

 

[Maveric33]

Yup - anyone who welcomes Musk fire them all ! Efficiency in every aspect of govt and work might want to look at what it did to the appraisal profession and the public trust -
The GSE entities are more efficient now thanks to WAIVERS, but to what end? They do not make lending less risky,

It destroyed the res license profession to a large degree and despite the claims of it saves consumers money, ( citing over a billion $ in fees a year), those same consumers are still paying hundreds of billions in lender fees and charges, trillions if you add in RE commissions - their saving n an appraisal fee is drop in the bucket - and the borrowers can end up losing tens of thousands later by possible over paying or over-borrowing in a WAIVER.

It is not a conscience that as these "efficiencies" (waiverfs but also AMC;s failing as the firewall) became insidious, that more and more RE is not sold to owner occupants but rather to LLCS's and investors, with many owner occupants permanelty priced out of the market due to high prices that might be propped up by some of the changed valuation protocols.

Musk is also the bastion of freedom really as he desires brain chips for all of us lol!!!!

 

[Non Sequitur]

Pay attention, AMCs and national firms are still hiring staff. While waivers are a factor, the real enemies of independent appraisers continue to gain market share.

 

[J Grant]

Pay attention, AMCs and national firms are still hiring staff. While waivers are a factor, the real enemies of independent appraisers continue to gain market share.

I think they are always hiring staff because those jobs are so awful that they have a high turnover.

 

[Maveric33]

I think they are always hiring staff because those jobs are so awful that they have a high turnover.

Agreed or they are hiring for other reasons perhaps to manage the Frankenstein AVM that FFHA, GSE's, FNMA created from our UAD data. I still get quotes which are gone before I can look at them. The scraps that are left are gone in seconds. Its pathetic!