Freddie Mac vs Appraiser Bias

[CGinMN]

Are you aware of any states that have a mandatory minimum % of inspections as part of the experience requirements? I had one trainee who got her CR without ever having done one single inspection...

As of March 2018 there appears to be quite a few:
https://www.appraisalinstitute.org/assets/1/7/Supervisor_Trainee_Requirements.xlsx

 

[alebrewer]

We've had the same technology the last couple of decades - so come up with some other spin to justify it. No overhead maps or other tech gives the same feedback as driving a neighborhood.

Well, it does actually take a bit for technology to become accepted in the marketplace, no? And the push for desktops didn't start this year...

 

[alebrewer]

As of March 2018 there appears to be quite a few:
https://www.appraisalinstitute.org/assets/1/7/Supervisor_Trainee_Requirements.xlsx

I see a lot of requirements RE whether a trainee can inspect on their own, but I don't see any requirements that the trainee MUST perform some minimum amount of inspections... am I missing something?

 

[alebrewer]

So a one off, poorly trained CR is now your rationalization ?

I'm sorry - I didn't know you knew her personally? And it's awfully rude of you to automatically assume I did a 'poor' job of training just because she didn't do any inspections. Not everything in the appraisal world is Fannie/Freddie. Please tone down the condescension.

 

[chad hampton]

I don’t recommend using pictures to determine condition.

 

[alebrewer]

Take photo at certain angle that doesn't show a crack in the flooring or wall or anything that might be a negative influence

Haha... ok.

 

[chad hampton]

Can you imagine 15 years ago having mortgage brokers tell you they will send the appraiser their own property condition reports for them to use ?

How is this even a discussion?

 

[CGinMN]

I see a lot of requirements RE whether a trainee can inspect on their own, but I don't see any requirements that the trainee MUST perform some minimum amount of inspections... am I missing something?

I suppose it depends on your interpretation of the statutes. For example Maine:

"Sup. must accompany on first 50, at a minimum, and until trainee is competent... "

It seems statutes like this tie competency to the inspection, and these states don't want trainees inspecting properties without some initial supervision. So would a state grant license to complete appraisal work without competency in inspections? Just guessing, but it might depend on each individuals state and what they perceive to be the original intent of the legislation. When it was drafted were they anticipating trainees wouldn't get any field experience before certification? So in the one off scenarios as you described where the trainee has no experience on the inspection side because they completed desktops entirely, each state might have to make their own interpretation. It is my understanding that PAREA modules give time to the inspection side as well, indicating some still feel it is central to appraisal competency. There are many appraisers here, including yourself, who have a much better understanding of how the state boards operate, so I defer to your expertise in this.

 

[J Grant]

I'm sorry - I didn't know you knew her personally? And it's awfully rude of you to automatically assume I did a 'poor' job of training just because she didn't do any inspections. Not everything in the appraisal world is Fannie/Freddie. Please tone down the condescension.

I don't know her personally and if you trained her then imo her training was still deficient, because her peers did inspections and she did not . A peer standard is a USPAP thing. I had no idea since you did not post you personally trained her so how can it be rude of me ?

 

[alebrewer]

I suppose it depends on your interpretation of the statutes. For example Maine:

"Sup. must accompany on first 50, at a minimum, and until trainee is competent... "

It seems statutes like this tie competency to the inspection, and these states don't want trainees inspecting properties without some initial supervision. So would a state grant license to complete appraisal work without competency in inspections? Just guessing, but it might depend on each individuals state and what they perceive to be the original intent of the legislation. When it was drafted were they anticipating trainees wouldn't get any field experience before certification? So in the one off scenarios as you described where the trainee has no experience on the inspection side because they completed desktops entirely, each state might have to make their own interpretation. It is my understanding that PAREA modules give time to the inspection side as well, indicating some still feel it is central to appraisal competency. There are many appraisers here, including yourself, who have a much better understanding of how the state boards operate, so I defer to your expertise in this.

I ABSOLUTELY agree that states don't want trainees inspecting properties without having demonstrated proficiency in doing so. That wasn't my point. My point was that I'm not aware of any states that REQUIRE some minimum hours of experience being in 'inspections'. And if that requirement is not there, the states cannot hold you accountable to having to meet it, right? I have no idea what was anticipated when the legislation(s) was/were drafted - I only know that inspections are not required as part of the experience requirements. And desktop appraisals aren't the only opinion for gaining 'non-inspection' experience. There's an entire world of appraisal practice that doesn't involve inspections. Forensic research, reviews, report writing, analysis, expert witness, etc. If Inspections were so integral to the appraisal problem, wouldn't you think that would be part of USPAP?