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Geo Competence Part 2

Can I competently appraise from a Desktop in tight turn time

  • I've worked in this region but not in this county

    Votes: 0 0.0%
  • I've worked in this state but never in this region

    Votes: 0 0.0%
  • I am capable of figuring out a typical SFR property anywhere

    Votes: 4 57.1%
  • I've worked in this county but not in this community

    Votes: 0 0.0%
  • I can not competently complete an out of area SFR in tight turn time or partial data

    Votes: 4 57.1%

  • Total voters
    7
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J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
This poll is to reflect views on geo competence for the type of work and conditions likely for assignments . A "typical" SFR or condo assignment, with a tight turn time of 24-48 hours, possible lack of access to local MLS, no personal inspection of property or area , The poll is about competency, not licensing. Multiple choices allowed.

The I am capable of figuring out a SFR anywhere comes with same set of conditions, possible lack of access to local MLS and tight turn time.
 
Last edited:

Artemis Fowl

Senior Member
Joined
Mar 16, 2004
Professional Status
Certified Residential Appraiser
State
Michigan
Not likely to gain competence with such a tight turn-time. Flawed poll because there's only 1 answer (or should be).
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
Not likely to gain competence with such a tight turn-time. Flawed poll because there's only 1 answer (or should be).

The tight turn time is the real world conditions these assignments will almost certainly be done under. . It is meant to be answered as it stands and I appreciate the feedback and therefore added another category of response.

The other poll saw appraisers give certain answers based on given unlimited time and resources- do you think that is going to apply when these assignments are given out as desktop or bifurcated work from an AMC or lender? What is their turn time now for an assignment after inspection ...
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
It's all a Scope of Work issue.

Credible assignment results require support by relevant evidence and logic. The credibility of assignment results is always measured in the context of the intended use.
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
It's all a Scope of Work issue.

Credible assignment results require support by relevant evidence and logic. The credibility of assignment results is always measured in the context of the intended use.

Intended use of hybrid or desktop, for a lender to make decisions about a property. I don't see how in assignment SOW in light of that use reduces the need for competence , which includes geo competence as a factor because it is an out of area assignment.
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
I think you are the only one making the leap to the idea that these assignments will be done by non local appraisers with some level of geo competency. MLS access is still likely needed/required.
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
I think you are the only one making the leap to the idea that these assignments will be done by non local appraisers with some level of geo competency. MLS access is still likely needed/required.

Why do you think AMC 's or lenders will provide MLS access for appraisers doing this work from out of area since they dont' provide it (typically) now to appraisers or reviewers for assignments in out of their area/region/ states?

As far as the second part of the poll, what makes you believe these clients would not impose tight turn times, as they do now, for their assignments

The assumption for this poll reflects conditions as they exist for bulk of lender/AMC work, with lack of local MLS access typical for appraisers who are not members of a local MLS, and tight turn times. That is the poll assumption, just as an ideal set of conditions with unlimited time and unlimited data resources was the assumption for George's poll.
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
I think you are the only one making the leap to the idea that these assignments will be done by non local appraisers with some level of geo competency. MLS access is still likely needed/required.

Look at the last posts under the other poll thread of geo competency esp by DWiley- why would it be an expectation that MLS access is granted as needed/required given an appraiser has to drive to the area of an MLS board, take a class and then pay to join?

This poll reflects reality, the client is not going likely going to be able to provide you with access to MLS, but if your answer assumes you will drive to each area of each assignment and take a class and pay to join the many local MLS boards, then you are answering from a place I did not envision in the poll.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
7109c83b-92e3-4bd6-8588-96573050b867.jpg



Perhaps,
stop and read
ALL the FEDERAL and other REGULATIONS
especially those pertaining to LENDING

Before you go polling the know everythings to discuss unicorns that could wind them up without licenses.


.
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Look at the last posts under the other poll thread of geo competency esp by DWiley- why would it be an expectation that MLS access is granted as needed/required given an appraiser has to drive to the area of an MLS board, take a class and then pay to join?

This poll reflects reality, the client is not going likely going to be able to provide you with access to MLS, but if your answer assumes you will drive to each area of each assignment and take a class and pay to join the many local MLS boards, then you are answering from a place I did not envision in the poll.

Get a grip girl.
 
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