Disclosure: Appearance of Conflict between Appraiser and Listing Agent [who is the same person]

[Fernando]

When I'm the agent, I wear my real estate agent hat and I'm 100% thinking like an agent.
When appraiser, I wear my appraiser hat and it's 100% in as an appraiser.
Two different ways in viewing the real estate.

 

[J Grant]

There is a heck of a lot more $ to be had in getting the listing vs doing the appraisal.

 

[Surf Cat]

I'm pretending to be appraising small commercial for Estates and Accountants and I'm also giving legal advice, and marital conflict resolution seminars.

Pretending? Lol

Wow, legal and marital conflict resolution seminars? That's quite a swath of specialties. I'm thinking in regards to the marital conflict stuff.... whomever is the Democrat is in the wrong right?

The expo under AKA Clint or Bud Walker and selling cloud software and how to fill out the New UAD 3.6 on a Apple I Phone in the field even in the snow, rain or 118 degree heat.

This is par for the course. Everyone always looking to take advantage of licensed real estate appraisers to make it faster, better, and more accurate in record time so appraisers can make lots of money! In short, a money grab from appraisers.

Unless the new uad 3.6 is checkboxes and generic drop-down menu comments only..... it ain't going to happen. From what I've read and seen, a commentary box is going to appear depending on the box you check to type in say, neighborhood analysis, location, sales comparison commentary, or how did you derive that adjustment explanations. Those can be lengthy.

Then shooting down to the American Nationalist Meet and Greet where I charge party members $100.00 to have a photo standing next to me holding our New Flag and our MARA hymnal called Make America Right Again. Winning Biggley Again

Sounds like you're motivated Glenn. Which is a nice way of saying you sound like a grifter LOL.

 

[glenn walker]

Pretending? Lol

Wow, legal and marital conflict resolution seminars? That's quite a swath of specialties. I'm thinking in regards to the marital conflict stuff.... whomever is the Democrat is in the wrong right?


This is par for the course. Everyone always looking to take advantage of licensed real estate appraisers to make it faster, better, and more accurate in record time so appraisers can make lots of money! In short, a money grab from appraisers.

Unless the new uad 3.6 is checkboxes and generic drop-down menu comments only..... it ain't going to happen. From what I've read and seen, a commentary box is going to appear depending on the box you check to type in say, neighborhood analysis, location, sales comparison commentary, or how did you derive that adjustment explanations. Those can be lengthy.


Sounds like you're motivated Glenn. Which is a nice way of saying you sound like a grifter LOL.

Winning and being an opportunist is not grifting. You look for what's the most current trend in the business world and try to leverage it to your companies advantage. If I have a product or method that helps you make money then we both end up happy. The negative attitudes of most appraisers is not healthy for them or their business.

Why not try to find things that help your business or get into a related real estate field. That's the beauty of real estate and finance there's so many different avenues one can take at almost any age.

 

[Tom4value]

Irrefutable logic; however, wouldn't an appraiser who is accused of being biased, or non-objective, need to have those allegations proven before he or she is presumed guilty???

You asked if you should disclose that you are doing the appraisal for a future listing. That is full blown admission of bias right there. Don't misunderstand, "bias" is not always a "bad" or "unethical" thing. As a listing broker, you are working for the best interests of your client (highest sales price). You are expected to be biased with your OV. Appraisers are ethically bound to have an unbiased opinion of market value.

 

[ZZGAMAZZ]

You asked if you should disclose that you are doing the appraisal for a future listing. That is full blown admission of bias right there. Don't misunderstand, "bias" is not always a "bad" or "unethical" thing. As a listing broker, you are working for the best interests of your client (highest sales price). You are expected to be biased with your OV. Appraisers are ethically bound to have an unbiased opinion of market value.

Thanks for your perspective, although the scenario is kinda moot because I won't get a listing. I NEVER get the listing. I can repeat the Alec Baldwin "ABC" soliloquy from Glengarry Glen Ross 1,000 times in the mirror but the seller's sister or cousin or girlfriend ALWAYS gets the listing. Not just that, but I'm not comfortable steering every personal conversation with every friend of mine into an attempt to convince them to sell or buy a property, although a broker I know says that mom who was a very successful long-term broker said that a real estate will go broke if they can't make money from their friend!!!!! But thanks everybody for their insight...

 

[jhornet88]

This is slightly off topic but I didn’t want to start a new thread . I conducted an independent appraisal for separation proceedings . The spouse is a licensed agent and has reached out several times with threats if I don’t reconsider the value and use her comps . The two appraisals are very close - within 4% of reach other . I don’t want to ask my client to review her appraisal as I don’t want to appear at all as an advocate but I’m obviously curious if the opposing appraisal is chocked full of errors and omissions as my hunch is she pressured someone to low ball the home . Of course her threats include the local board . Any advice on how to proceed would be appreciated.

 

[ZZGAMAZZ]

This is slightly off topic but I didn’t want to start a new thread . I conducted an independent appraisal for separation proceedings . The spouse is a licensed agent and has reached out several times with threats if I don’t reconsider the value and use her comps . The two appraisals are very close - within 4% of reach other . I don’t want to ask my client to review her appraisal as I don’t want to appear at all as an advocate but I’m obviously curious if the opposing appraisal is chocked full of errors and omissions as my hunch is she pressured someone to low ball the home . Of course her threats include the local board . Any advice on how to proceed would be appreciated.

Wanna get rid of her? Simply grieve her threats, pesumably in writitng, with her licensing board, or possibly the jurisdiction that certainly would dismiss her role in the proceedings...maybe leaving the issue off the the table until the time is right to discredit her publicly, during testimony. IMHO, YOU got all the leverage going forward...

 

[Elliott]

Whom is your client? My response to 'her' would be, "Its been my experience that any judge looking at a 4% difference is going to add them together and divide by two."

 

[jhornet88]

My question is would /should I review the opposing appraisal ?

I don’t want to get another appraiser in hot water but my hunch is she twisted an arm to get it low . I also don’t want to be accused as being an advocate as I have simply done my job professionally and independently. My appraisal is rock solid and nearly every other metric out there is in line with my value - I’m in the dead middle of any reasonable range so not worried one bit about my own work , however genuinely curious what the other parties report looks like. My hunch is I can pick it apart fairly easily but in me reviewing it does that cross into a gray area ?