You don't understand that not everybody complains about things they may not like or agree with. I know exactly who is responsible for what. I also realize that complaining does nothing more than raise my blood pressure. Sure you and Bert have some reasonable ideas and that is all they are. Ideas. No viable path that I can see to ever see them implemented. Appraiser's as a group don't have the "juice" or the social justice cause to garner sufficient attention to affect change. That's just the way it is. Whether I like it or not. Welcome to life. I'll change what I can and adapt as necessary to what I can't
Your complaining doesn't bother me whatsoever. Like I said it is amusing. I don't complain because all it does is raise my blood pressure. As far as the coming months being bumpy. I have seen and experienced more than my share of "bumpy" in 70 years.The solution is simple. If you don't want to have your blood pressure raised by reading my threads or posts simply put me on ignore. Problem solved. Buckle up because the coming months are going to be quite bumpy. And I don't mean for appraisers.
I’ve seen many of their appraisal defects now. Some have merit, many do not. Per TALCB, 95% of their tips resulted in no action. I have yet to see them argue in favor of a market conditions adjustment because usually they believe it is an overvaluation.
Most appraisers are developing their adjustments just as you advocate, via sensitivity in grid. Call it judgement or development if you want, doesn’t matter. If CU says the difference been Q4 and Q3 is -$59,882 and you only adjust -$14,000, then you’re wrong and they are right. Doesn’t matter that their model doesn’t account for pools, outbuildings, etc. Doesn’t matter if their model doesn’t actually segment the market, or accurately derive location, view, condition, and quality adjustment.
According to this chart, seems FM weight location factor more than market time?A striking statistic from the report is that 95% of appraisals identified with significant defects had an overvaluation flag due to comparable similarity and location, with risk scores over 4 being a notable indicator.
View attachment 87850