Hybrid

[Joe Flacco]

Okay, I got it...when the cognitively challenged lifts one statement out of an entire thread and ignore the qualifier that was stated at least thrice they apparently can apparently fool themselves into thinking something is misleading when it is clearly not.

Carry on with you selective reading though, I am sure it will help you become more successful in the future

Don't be mad. Just cut back at least a lil on the *** kissing.

 

[timd354]

Don't be mad. Just cut back at least a lil on the *** kissing.

I am not mad...your posts and thoughts in this thread are ridiculous but you think what you think...it is what it is.

 

[George Hatch]

***-kiss·ing
ˈasˌkisiNG/
noun
NORTH AMERICAN vulgar slang

1. the use of compliments, flattery, or other obsequious behavior in order to gain favor.

I don't think most people who might agree with Danny's perspective on a given issue have anything to gain by kissing his ***. Sometimes an agreement is just an agreement. Besides, I strongly doubt most appraisers would allow their online squabbles to bleed over into how they would interact with those appraisers in their day job. If another appraiser on this forum asked me for help I would do whatever it took to help them even if I had engaged in a running gunbattle with them over some arcane point of trivia on the forum the day before.

 

[Terrel L. Shields]

I don't think the decision makers at Fannie Mae are idiots.

You are too charitable.

 

[Terrel L. Shields]

some arcane point of trivia on the forum the day before.

Hey, we are pretty good at jousting the windmills and assessing the number of angels on a pin head.

 

[djd09]

"Hybrid appraisals/alternative valuations is the most polarizing topic in the profession these days. With AMC’s all rolling out their new alternative valuation products, wouldn’t it make sense for independent appraisers to come together and create OUR own hybrid/alternative product? This is our opportunity to compete directly with AMC’s and regain control of our profession. The blueprint for this hybrid/alternative valuation model is already in place. We just need to come together, create a better one, and market it to the same investors that are already using them. If independent appraisers got together and did this, every other hybrid product would become obsolete."

http://appraisersblogs.com/appraisers-hybrid-alternative-valuation-blueprint

The AB is a good place for common sense.

 

[Joe Flacco]

Of course it is all about the fees. The problem I see is that people (again, appraiser and users) are comparing apples and oranges. Most hybrids done today are done using software specifically designed to facilitate that. They can add a LOT of efficiency to the process. If hybrids become "general practice' will the typical appraiser have access to the tools like that that are required to be maximally efficient? Odds are someone will develop such a thing, but will it be as efficient as some of the custom stuff that existing companies have? I do not know. Also, when people look at fees paid you cannot just look at the per unit fee paid to a staff appraiser, who may be on salary, getting benefits and other compensation in addition to the per unit additional fee paid.

What makes the hybrid reporting quicker is that it asks for less information. It is not that you get the same information quicker or more efficiently than a 1004.

 

[Joe Flacco]

It's basically one of those one page reports Terrell likes to post from back in the day.

 

[Meandering]

Well,

At least now George can stop arguing that fees are a different issue.


And now everyone can see why there are so many threads about how these things are USPAP compliant, when it's evident, they are not, and they only exist to line pockets.

Really sad that some property owners are going to be screwed over with these products.

.

 

[George Hatch]

If the message you got from Danny's post is that the fee situation relates directly in any way to the "non-compliant" line you've been running on this thread then that's a pretty dazzling interpretation of that paragraph.