Amy Perkins
Senior Member
- Joined
- Jul 20, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Tennessee
I have noticed some things.
1 some companies acquiring other AMCs
2 some companies only doing hybrids and desktops
3 waivers requiring no appraisal
4 advertising campaign to employ appraisers and work direct with lender
5 competition with in house versus independent appraisers
UAD 3.6 turns the appraisal into a "digital product," impacting appraisers in three ways:
Increased Workload: You will spend more time per report. The move from static forms to dynamic data entry requires room-by-room details and 150+ new data fields (like door threshold heights and broadband status), increasing inspection and entry time by 15–20%.
Fee Pressure: While the extra work justifies a 10–20% fee increase, competition from automated waivers and "hybrid" models (where you don't visit the property) will make it harder to secure higher fees for standard GSE work.
Operational Shift: To survive, you must upgrade your tech. If you don't use mobile tools to capture this granular data in the field, you'll be stuck with hours of manual re-entry at your desk. Many independent appraisers are expected to leave lender work entirely for private niches (estates, legal) to avoid these rigid requirements.
1 some companies acquiring other AMCs
2 some companies only doing hybrids and desktops
3 waivers requiring no appraisal
4 advertising campaign to employ appraisers and work direct with lender
5 competition with in house versus independent appraisers
UAD 3.6 turns the appraisal into a "digital product," impacting appraisers in three ways:
Increased Workload: You will spend more time per report. The move from static forms to dynamic data entry requires room-by-room details and 150+ new data fields (like door threshold heights and broadband status), increasing inspection and entry time by 15–20%.
Fee Pressure: While the extra work justifies a 10–20% fee increase, competition from automated waivers and "hybrid" models (where you don't visit the property) will make it harder to secure higher fees for standard GSE work.
Operational Shift: To survive, you must upgrade your tech. If you don't use mobile tools to capture this granular data in the field, you'll be stuck with hours of manual re-entry at your desk. Many independent appraisers are expected to leave lender work entirely for private niches (estates, legal) to avoid these rigid requirements.
