Hybrid Appraisals

[Terrel L. Shields]

she receives from an app on my phone and spends about 3 minutes chatting with me

But it takes 7 months to find out if you have prostate cancer and find out you don't, after 4 blood and urine tests, 2 MRIs, and a biopsy. Ask me how I know.

 

[Mejappz]

But it takes 7 months to find out if you have prostate cancer and find out you don't, after 4 blood and urine tests, 2 MRIs, and a biopsy. Ask me how I know.

I guess the app missed that one.

 

[timd354]

Be careful on your answer to my questions.

Nobody cares about your questions any more than they care about the rantings of the homeless drunk sitting on the curb outside the liquor store.

 

[DWiley]

Well that's because the healthcare industry in this country is in ruins.

Actually, it is because the technology has advanced to the point where that is all that is necessary for her to do. The app collects the data and submits it to her for the professional analysis. She went to medical school - to learn how to analyze the data, not to learn how to collect the data. The technology she has me use is used around the world, not just in the US

 

[shrubberyvaluation]

Well that's because the healthcare industry in this country is in ruins.

No doubt about that, just saying it could get even worse if they implemented the appraisal "modernization" approaches.

 

[Surf Cat]

191. DOES INSPECTING PHOTOGRAPHS CONSTITUTE A PERSONAL INSPECTION OF A SUBJECT PROPERTY?

Question: I am a licensed trainee with approximately six months of experience. My supervisory appraiser recently determined that I am competent to perform inspections on my own;
however, many of our clients require the supervisory appraiser to personally inspect the property as well. If I do the inspection by myself, but take numerous representative photos of the interior of the subject property, may my supervisory appraiser indicate in the report that he also personally inspected the property?

Response: No. A personal inspection of the interior of the property is not the same as the inspection of photographs of the interior of the property. It would be misleading for any appraiser, including supervisory appraisers, to indicate that a personal inspection was performed when, in fact, the appraiser viewed photographs of the property. Appraisers who only inspect photographs of a property, but sign a certification indicating that they personally inspected the subject property, are in violation of the USPAP prohibition against communicating assignment results with the intent to mislead or to defraud, communicating a report that is known by the appraiser to be misleading or fraudulent, and, possibly, knowingly permitting an employee or other person to communicate a misleading or fraudulent report. (See Conduct section of the ETHICS RULE.)

Oh wait...... this is only an advisory opinion, which is not a part of USPAP....so, never mind.

The above AO sounds pretty bad.....Good thing the hybrid came along and saved the day. The appraiser doesn't have to worry about the Did and did not inspect check boxes.

And how dare an experience, licensed appraiser take on a trainee who went to appraisal classes, who went on countless inspections. Who got all the red check marks all over their initial reports while learning how to write up reports.....to even think about sending the trainee out on their own.

Unlicensed, uninsured PDC's are MUCH better at that.

 

[DWiley]

191. DOES INSPECTING PHOTOGRAPHS CONSTITUTE A PERSONAL INSPECTION OF A SUBJECT PROPERTY?

Question: I am a licensed trainee with approximately six months of experience. My supervisory appraiser recently determined that I am competent to perform inspections on my own;
however, many of our clients require the supervisory appraiser to personally inspect the property as well. If I do the inspection by myself, but take numerous representative photos of the interior of the subject property, may my supervisory appraiser indicate in the report that he also personally inspected the property?

Response: No. A personal inspection of the interior of the property is not the same as the inspection of photographs of the interior of the property. It would be misleading for any appraiser, including supervisory appraisers, to indicate that a personal inspection was performed when, in fact, the appraiser viewed photographs of the property. Appraisers who only inspect photographs of a property, but sign a certification indicating that they personally inspected the subject property, are in violation of the USPAP prohibition against communicating assignment results with the intent to mislead or to defraud, communicating a report that is known by the appraiser to be misleading or fraudulent, and, possibly, knowingly permitting an employee or other person to communicate a misleading or fraudulent report. (See Conduct section of the ETHICS RULE.)

Oh wait...... this is only an advisory opinion, which is not a part of USPAP....so, never mind.

The above AO sounds pretty bad.....Good thing the hybrid came along and saved the day. The appraiser doesn't have to worry about the Did and did not inspect check boxes.

And how dare an experience, licensed appraiser take on a trainee who went to appraisal classes, who went on countless inspections. Who got all the red check marks all over their initial reports while learning how to write up reports.....to even think about sending the trainee out on their own.

Unlicensed, uninsured PDC's are MUCH better at that.

For a hybrid appraisal the appraiser very clearly indicates that the property was not inspected by the appraiser. That is far different than the scenario presented in the FAQ.
That FAQ = Supervisor I looked at photos, but said he/she inspected
Hybrid = I looked at photos (and other stuff) and disclosed exactly what I did and did not do within the report

 

[Mejappz]

Actually, it is because the technology has advanced to the point where that is all that is necessary for her to do. The app collects the data and submits it to her for the professional analysis. She went to medical school - to learn how to analyze the data, not to learn how to collect the data. The technology she has me use is used around the world, not just in the US

Are you suggesting that the healthcare industry in this country isn’t in chaos? I was in Spain last year and had to take my mom to a private clinic where she spent the entire day. She was treated by doctors with the assistance of nurses, who diagnosed her issue. The final bill was $800.

In contrast, I had a routine check-up last year where I underwent simple blood work and an EKG, both performed by either a nurse practitioner or a staff member. When I received the bill months later, the charge to the insurance company was over $3,500. Why the stark difference? It’s because one system is entirely driven by profit, while the other prioritizes the patient and pays the doctor a reasonable fee for their services.

 

[George Hatch]

191. DOES INSPECTING PHOTOGRAPHS CONSTITUTE A PERSONAL INSPECTION OF A SUBJECT PROPERTY?

Question: I am a licensed trainee with approximately six months of experience. My supervisory appraiser recently determined that I am competent to perform inspections on my own;
however, many of our clients require the supervisory appraiser to personally inspect the property as well. If I do the inspection by myself, but take numerous representative photos of the interior of the subject property, may my supervisory appraiser indicate in the report that he also personally inspected the property?

Response: No. A personal inspection of the interior of the property is not the same as the inspection of photographs of the interior of the property. It would be misleading for any appraiser, including supervisory appraisers, to indicate that a personal inspection was performed when, in fact, the appraiser viewed photographs of the property. Appraisers who only inspect photographs of a property, but sign a certification indicating that they personally inspected the subject property, are in violation of the USPAP prohibition against communicating assignment results with the intent to mislead or to defraud, communicating a report that is known by the appraiser to be misleading or fraudulent, and, possibly, knowingly permitting an employee or other person to communicate a misleading or fraudulent report. (See Conduct section of the ETHICS RULE.)

Oh wait...... this is only an advisory opinion, which is not a part of USPAP....so, never mind.

The above AO sounds pretty bad.....Good thing the hybrid came along and saved the day. The appraiser doesn't have to worry about the Did and did not inspect check boxes.

And how dare an experience, licensed appraiser take on a trainee who went to appraisal classes, who went on countless inspections. Who got all the red check marks all over their initial reports while learning how to write up reports.....to even think about sending the trainee out on their own.

Unlicensed, uninsured PDC's are MUCH better at that.

In the generic and aside from not meeting the actual assignment requirements in that particular example, it wasn't the process itself that was the biggest problem. It was the appraiser's dishonesty when they falsely said they performed the personal inspection.

Here's the parallel to that example: If an assignment didn't require the appraiser's personal inspection it would still be dishonest for them to say they did when they didn't.

 

[glenn walker]

Desktops and exterior drive byes starting at $500.00....Anyone asking about USPAP compliance or saying they can only create a credible report by doing a physical inspection ? Ask 100 appraisers offline and 90 will take them all day long and the remaining 10 only do VA....Lmao