Are you currently doing appraisals with 3.6 form?

[alebrewer]

Still think not one of these things has been delivered yet.

It's true. Group I work for isn't even one of the largest lenders out there - and we're processing several a week.

 

[DWiley]

Still think not one of these things has been delivered yet.

Given the number of webinars featuring appraisers who have completed them, it is unclear why you would think that. Thousands of appraisers have successfully completed reports in UAD 3.6. I talked to appraisers at Val Expo who had already done 10 or more.

 

[Vermonter]

Given the number of webinars featuring appraisers who have completed them, it is unclear why you would think that. Thousands of appraisers have successfully completed reports in UAD 3.6.

Think he means on the lender to GSE side

 

[Sadie]

Still think not one of these things has been delivered yet.

A couple people swear they have.

 

[Sadie]

Given the number of webinars featuring appraisers who have completed them, it is unclear why you would think that. Thousands of appraisers have successfully completed reports in UAD 3.6. I talked to appraisers at Val Expo who had already done 10 or more.

We are finding out that completing one and having an actual client receive one are two different things. I would take that number with a large grain of salt.

 

[DWiley]

We are finding out that completing one and having an actual client receive one are two different things. I would take that number with a large grain of salt.

I get to see them in UCDP, so I know that they are being successfully submitted for real clients.

 

[Sadie]

I get to see them in UCDP, so I know that they are being successfully submitted for real clients.

I would be willing to bet the numbers of actually received reports vs the number of report claimed to have been completed don't match up.

Also, are the lenders having any issues with the implementation?

 

[chad hampton]

Have they pushed it to summer 2027 yet?

My software guy last week told me no software is really ready and they were all pushed to rush these to Market. Every one of the software is a year away from functioning properly.

We’ll see what the narcissists at the GSEs decide to do.

 

[Doug Wegener]

is there a problem with enough appraisers switching over to uad 3.6



Yes, there is growing concern in the real estate industry that not enough appraisers are ready or willing to transition to the new UAD 3.6 format, which becomes mandatory on November 2, 2026. Industry surveys, real estate associations, and appraisal forums indicate a bottleneck is forming due to low readiness, steep learning curves, and fears of a mass retirement wave among veteran professionals. [1, 2, 3]
The primary issues surrounding the transition to UAD 3.6 and the redesigned Uniform Residential Appraisal Report (URAR) involve several key friction points:

1. Low Readiness and Lack of Awareness
Despite a long transition window provided by Fannie Mae and Freddie Mac, a large portion of the appraisal community is unprepared. [1, 2]

• The Readiness Gap: Industry surveys show that only about 26% of appraisers feel well-prepared for the transition.
• Software Constraints: Appraisers cannot submit reports without updated, native UAD 3.6 software. Many independent appraisers and small firms have been slow to upgrade their tech stacks or complete the training required by their software vendors. [1, 2, 3]

2. The Threat of Accelerated Retirements
The appraisal profession already faces an aging demographic, and historical shifts show that major regulatory overhauls drive veterans out of the business. [1]

• Increased Burden: The new format shifts away from familiar static forms (like the old 1004) to a single, hyper-detailed "dynamic" report that can contain thousands of data fields. [1, 2, 3]
• The "Drop-Out" Factor: Many established, reputable appraisers view the 41-page dataset structure as overly burdensome and rigid. Experts predict a significant wave of early retirements leading up to the November deadline, which could sharply reduce the pool of available human appraisers. [1]

3. Operational Slownowns and Fee Disputes
Because the new URAR requires highly structured data collection rather than traditional narrative commentary, the time it takes to finish a single report is expected to rise initially. [1, 2]

• Longer Turnaround Times: Early testers report that treating residential properties with the data-density of a commercial property appraisal slows down the daily workflow. This could directly lead to longer closing timelines for homebuyers. [1, 2]
• Fee Squeezing Resentment: Appraisers are openly pushing back against Appraisal Management Companies (AMCs), demanding higher fees to compensate for the increased time, liability, and software costs associated with UAD 3.6. If AMCs refuse to adjust pricing, some appraisers may refuse to take on GSE (government-backed) loan assignments entirely, shifting instead to private wealth or divorce work. [1, 2]

 

[Tom D]

• Longer Turnaround Times: Early testers report that treating residential properties with the data-density of a commercial property appraisal slows down the daily workflow. This could directly lead to longer closing timelines for homebuyers.
• Increased Burden: The new format shifts away from familiar static forms (like the old 1004) to a single, hyper-detailed "dynamic" report that can contain thousands of data fields. [1, 2, 3]
• Gotta remember those lines when i'm crying to my direct lenders about time it takes to do one. Although i have been hinting about fee increase. Gee, the last fee increase was during covid, how long ago was that. I will get more, but not sure where $ the increase hits the wall.