• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Bifurcated, Hybrids and True Footage

Status
Not open for further replies.
yawn, yawn, yawn.
maybe do a startup company so you can rake investors money for a non proven product. didn't what's her name do that with their medical sites. just brought in millions. not on trial for fraud.
i do think that in 20 years or less, how many of us old appraisers will be gone. that shortage will certainly attract these companies, or maybe create a new golden age for appraisers.
 
Rather than let them chip away at appraisals one product grab at a time, appraisers should all agree to stop appraising and give them the market if we are paid X billions collectively , and then get a million each in share to walk away. Surely a digital coin enterprise could buy us out ? A few billion is pocket change to them. We can create an NFT of our former appraisals for them to have forever transformed as a historical record.
There not that stupid as a member of NAR when they grew Realtor.Com- that site now is worth hundreds of millions but was spun off into a separate entity so Realtors will never get a dime if they off load it someday to a Zillow-Red-Fin type of operation.

CMDC was the precursor to collecting data and 20 plus years later after collecting appraisers hard copy of reports they sold it all to FNC and we never saw a dime. The business model is going to change but it will take another 5 years or so and by them many will be retired or dead anyway. I assume we are going to see use of Waivers increased long with more desktop type products. Heck Ya gotta give Joan Trice credit no license anymore no driving around and making a hell of a lot more money all being paid for by other peoples dimes.
 
There not that stupid as a member of NAR when they grew Realtor.Com- that site now is worth hundreds of millions but was spun off into a separate entity so Realtors will never get a dime if they off load it someday to a Zillow-Red-Fin type of operation.

CMDC was the precursor to collecting data and 20 plus years later after collecting appraisers hard copy of reports they sold it all to FNC and we never saw a dime. The business model is going to change but it will take another 5 years or so and by them many will be retired or dead anyway. I assume we are going to see use of Waivers increased long with more desktop type products. Heck Ya gotta give Joan Trice credit no license anymore no driving around and making a hell of a lot more money all being paid for by other peoples dimes.

And to think the AI sold their souls to FNC with the AI Ready rather than partner with them to pay their residential members for the data that they ended up giving away for free. Oh well.
 
I was joking people ! Though who knows...
 
I was joking people ! Though who knows...
We no longer know when your joking after that third jab you went through a personalty changes which is one of the latest symptoms being discovered and combine that with TDS and all sorts of weird things start to happen and I would not be surprised if you joined Joan Trice's Team of unlicensed appraisal experts.
I will sign a letter of recommendation for you as I used to be Joan's biggest AF fan because I knew how much it irritated all the other appraisers. After years of getting beat up daily She cracked up and realized this bunch just wouldnt take teh bait and She signed out with "adios" and then once in a Blue Moon She sneaks in here to see what she is not missing :)
 
Like it or not, this is where the industry is going. Perhaps Zaio has morphed.

Nice picture for those that can’t read or to lazy to read the appraisal report. What has the picture to do with arriving at an opinion of value?
 
$69m Series A funding is some legit cash. No kickstarter here.
While impressive, there's never a shortage of money chasing tech start ups ran by smooth talkers:

"The Theranos story has been considered by many as a prime example of the perils of Silicon Valley’s “fake it till you make it” culture, where charismatic founders often attract enormous sums of money from investors based on grand promises about what their companies can achieve."

 
Nice picture for those that can’t read or to lazy to read the appraisal report. What has the picture to do with arriving at an opinion of value?
Actually a photo can say a lot unless its been photo shopped it shows what kind of condition and how its been taken care of. Thats why you detail a car before selling it to get top dollar. Thats also why up to 50% of all listings now in my area have been done by a professional photographer who for $150 bucks makes the interior and exterior look like a new home and that sea weed green pool water suddenly becomes a nice clear blue.
Then the appraisers all rate those comps as C-3 when in realty many are low C-4s or even worse. its modern Technology to put digital Lipstick on a Pig and we out here now have to deal with it.
 
It’s official:

 
This is not where the industry is going unless you play the game. If no one does this crappy style of reports, then it will never happen. Food for thought. This kind of work is for low end appraisers.
 
Last edited:
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top