How many actually believe 3.6 will be fully implemented this year?

[Overimprovement]

This is why this 3.6 needs to be implemented more slowly. Software providers will not be ready for the massive amount of tech support calls!!! We need at least a year to work through the bugs.

The tacit assumption here though is that all the power brokers WANT this to work. I do not believe that is the case. The more this fails the more the calls to get appraisers out of the process will have credence.

 

[Airstream]

The tacit assumption here though is that all the power brokers WANT this to work. I do not believe that is the case. The more this fails the more the calls to get appraisers out of the process will have credence.

I am 71. I do a few a week, and take on some hard ones over the year. I am debating my next step. I really don't need the money. I do it to keep my mind active. I am not at all uncomfortable doing a new form or program. It is simply a learning curve. However, if I have to wait half a day to get a simple question answered by tech support that is ridiculous. And we aren't even into the real swing of things. Can you imagine tech support at alamode or any other vendor getting hundreds and hundreds of tech calls a day! And it is going to happen. And I'm not going to pay for 24/7 support because it isn't worth it to me. Remember, in November EVERY Residential Appraiser is learning new software and forms at the same time. On top of that all the lenders will have issues as well. This is going to be a s*** show. Even now I'm not sure I really want to mess with 3.6 if I am going to have support issues. It's not worth my time.

 

[ilsindaco2628]

I am 71. I do a few a week, and take on some hard ones over the year. I am debating my next step. I really don't need the money. I do it to keep my mind active. I am not at all uncomfortable doing a new form or program. It is simply a learning curve. However, if I have to wait half a day to get a simple question answered by tech support that is ridiculous. And we aren't even into the real swing of things. Can you imagine tech support at alamode or any other vendor getting hundreds and hundreds of tech calls a day! And it is going to happen. And I'm not going to pay for 24/7 support because it isn't worth it to me. Remember, in November EVERY Residential Appraiser is learning new software and forms at the same time. On top of that all the lenders will have issues as well. This is going to be a s*** show. Even now I'm not sure I really want to mess with 3.6 if I am going to have support issues. It's not worth my time.

You're 71 and worried about new technology... absolutely normal. I'm 38 and very frustrated with this "new tech."

Every time I complete a 3.6 report it is a new vague issue that prompts me to call tech support. The in-software UAD guide is useless.

This is the error... and when you click on "validation failed" it brings me to a blank row with no guidance. This is my 7th 3.6 report and this is a new one.

 

[tlark]

This is why this 3.6 needs to be implemented more slowly. Software providers will not be ready for the massive amount of tech support calls!!! We need at least a year to work through the bugs.

its just not the software vendors, the lenders have not even scaled there staff to deal with this and frankly some employ incompetence in abundance............. this will not go over well. Not opposed to this, but its just not close to being ready yet. Some of my lenders are freaked out and that doesn't include the realtors that are hearing how much things will become more complicated, delaying all steps of the mortgage process. When the bottom line is threatened, LO's have to re-lock a rate and/or closings (perhaps) get moved and jeopardize a buyer or seller u can bet your asbestos the FNMA/Freddie reps will get calls.

 

[J Grant]

Last week when I had a tech issue, I was 14th in line for Alamode support and that took 40 minutes.

Now I have a 3.6 report and under vehicle storage, a custom row was created with no info. The report won't pass the UAD check because of it and there's no way to remove it.

I am back on hold with Alamode support and and number 35 in the queue.


If 3.6 was a person, I would run them over with my car. This is absolutely absurd.

It might pay for this year for one year of upgrade to their top level of support, I think it is called platinum, puts u in front of line and avail weekends and nights. drop the top level of support next renewal cycle.

 

[Airstream]

You're 71 and worried about new technology... absolutely normal. I'm 38 and very frustrated with this "new tech."

Every time I complete a 3.6 report it is a new vague issue that prompts me to call tech support. The in-software UAD guide is useless.

This is the error... and when you click on "validation failed" it brings me to a blank row with no guidance. This is my 7th 3.6 report and this is a new one.

Maybe misread. I'm not afraid of new technology. Bought first personal computer in 1985 (before your were born). Used and learned DOS for a long time. I was one of the first appraisers in the area to go all digital. And etc. The issue is programs and technology that aren't ready for prime time. You should get a reward for doing 7 of these already!! What software do you use?

 

[Vermonter]

Old style was quicker on site, but slower in the office and mobile was slower onsite, but quicker in the office.

The part missing from your equation is with a mobile device you enter the data once, the old way you handle it twice.

 

[Airstream]

I am not full time any longer at 71. But when I was full time I was averaging about 6 reports a week and sometimes more; depending upon the time of year. Not all mortgage work, but I would say 60 to 70%. Many of those reports were of complex properties like waterfront homes worth over a million. I was just thinking if it takes an extra 2 hours to do lender reports on the 3.6 that means I would need to add anywhere from 6 to 8 hours a week more working. That doesn’t sound like a lot, but really it is almost an entire work day. I remember I could keep up the pace of a 50 to 55 hour work week for about a month. Now maybe in more urban markets you can crunch out more reports. I would suspect that based upon my work in those areas, since I would regularly spend an hour just determining site values in rural markets with lots of waterfront. Upshot: That means I would have to cut back to around 5 average reports a week if I were full time to survive mentally. I don’t see how busy guys are going to do this 3.6. I mean early on this is going to be brutal for the full time guys. So many things to figure out.

 

[Trihard]

I am not full time any longer at 71. But when I was full time I was averaging about 6 reports a week and sometimes more; depending upon the time of year. Not all mortgage work, but I would say 60 to 70%. Many of those reports were of complex properties like waterfront homes worth over a million. I was just thinking if it takes an extra 2 hours to do lender reports on the 3.6 that means I would need to add anywhere from 6 to 8 hours a week more working. That doesn’t sound like a lot, but really it is almost an entire work day. I remember I could keep up the pace of a 50 to 55 hour work week for about a month. Now maybe in more urban markets you can crunch out more reports. I would suspect that based upon my work in those areas, since I would regularly spend an hour just determining site values in rural markets with lots of waterfront. Upshot: That means I would have to cut back to around 5 average reports a week if I were full time to survive mentally. I don’t see how busy guys are going to do this 3.6. I mean early on this is going to be brutal for the full time guys. So many things to figure out.

It's all designed to pay the appraiser as least amount of money as possible. There is nothing in 3.6 that benefits the appraiser. It's all designed for the GSE's and AMC's to siphon the most amount of data for the least amount of money.

 

[ilsindaco2628]

Maybe misread. I'm not afraid of new technology. Bought first personal computer in 1985 (before your were born). Used and learned DOS for a long time. I was one of the first appraisers in the area to go all digital. And etc. The issue is programs and technology that aren't ready for prime time. You should get a reward for doing 7 of these already!! What software do you use?

Sorry for misinterpreting!

I use Alamode TOTAL.
It is the software my office has had for a long time (father and son office).
My father is a 68 year old Certified General and he's likely retiring in the next two years. When that happens I'm going to be changing a lot of things... including the software I use. Hopefully by then Aivre has 1004, 2055, 1073, 1025, 1075 forms.