California Licensing Fees Increased to $1,030 Every Two Years

[djd09]

luckily you never have to worry about that, right?

lucky you know all about that.

 

[George Hatch]

I'm going to tell you the same thing I'm telling Bert. There is no overlap between an appraiser finding out from a user that they need the appraisal to include an opinion of Insurable Value or a Flood Zone Map or an active listing of another 4bd with a pool

vs

asking for a minimum value conclusion.
Posing a contingent assignment/compensation based on returning a desired value'
omitting relevant descriptions about the subject
or telling any other lies for the client to the users of the appraisal

 

[djd09]

it is hard not to be bias when the same "client" is the appraisers payday. ask eappraiseit.

 

[TRESinc]

lucky you know all about that.

naa, it's not luck. you told us.

 

[djd09]

no

 

[RCA]

so when you go into a restuarant do you give them a list of where they can buy their beef and vegetables from that you will order from them?

Another misconception in the profession is that appraisers are typical business people who need to put the client first. --- NO! Not at all!

 

[djd09]

Another misconception in the profession is that appraisers are typical business people who need to put the client first. --- NO! Not at all!

Tell that to IAC.

 

[RCA]

It is limited - to what that intended user thinks is meaningful, to the best of the appraiser's ability to identify that.

How would a user go about criticizing an appraiser for not meeting a requirement they never communicated? Especially after the appraiser made the good faith effort to identify the user requirements?


If you're looking for the 1000-page engineering standard for mortgage lending work which dictates the upper limit of what kinds of questions and issues they can ask then you have chosen the wrong occupation. IRL a large percentage of the content we put into appraisal reports is user driven.

For the sake of efficiency, for the sake of making it possible for appraisers to make a decent living, when the market wants to pay minimum fees, some standardization of work is called for. It is insane to insist total flexibility on the part of appraisers when users are not willing to pay the money for the time.

As you well know, once you agree to do an appraisal, users can come in after the fact and insist on certain additional work, which you currently neither cannot refuse nor can you charge additional for. And even if you can charge an additional fee, it has to be reasonable - and in the next time around the client may will likely hand the order to another appraiser who is more amenable to extra requirements. So, for example, I would insist:

1. No requests to handle additional comps. However, given the appraiser describes his curated databases and other data sources for comps up front. If an appraiser accepts an assignment, it is assumed he feels he has sufficient comps to do the appraisal.

2. It is totally the appraisers decision as how to handle hypothetical and extraordinary assumptions, or how to appraise a property, e.g. as commercial or residential. Of course the client can request how he would prefer the property to be appraised, but it is simply not his call - unless he is willing to go the hypothetical route.

3. And so on. Oh, these things are easy for me ....

 

[djd09]

Tell that to IAC.

Or REVAA or CRN. If the so called "clients" do not have the deck totally stack , then they whine, cry, and bribe the regulators to make it so.

 

[djd09]

Or REVAA or CRN. If the so called "clients" do not have the deck totally stack , then they whine, cry, and bribe the regulators to make it so.

And then TAF needs a signed cert declaring independence. Fricken comical.