Intimidation....I Will Not Be Silenced

[glenn walker]

That’s another lie we were told from the snake oil salesman a decade ago.


c and r was specifically written to avoid sending out 100 emails and appraisal order going to the lowest bidder.

The C & R before E-Mail or internet was the typical fee range for the particular market areas and often based on prices of homes being appraised.

Prior to licences and E mail many fee shops schedules had * Please call for pricing on million dollar plus or custom home. So the fees based on price was fairly common but not allowed after USPAP was created.

 

[gregb]

So the fees based on price was fairly common but not allowed after USPAP was created.

Where does USPAP mention appraisal fees?

 

[ddnma]

It appears to me that your imagination has been driving most of your discourse. And there are 4 people in this thread who have signed the instructor's agreement. And none of them agree with your reimagination. You're on the wrong side of "demonstrated competency" with this material. Not by status but by your discourse.

I think there are more than four people in this thread who have signed the instructor agreement...I have too.

 

[TC]

The data collectors do not call out repairs. They simply report things. It is the appraiser who takes the PDR and uses that as the basis for making the appraisal subject to a repair or subject to an inspection. The thing is, when something is already reported in a PDR the appraiser cannot make the choice to just ignore something or not take a photo of it, as they can when they are doing the inspection themselves.

Some appraisers think that if they make the appraisal subject to inspection or subject to repair, it "counts" against them somehow. It is not uncommon, for example, for a home to have standing water in the basement. That should be an automatic "subject to inspection" (or repair), but some will ignore it, maybe say it is common for the area, sometimes not even include a photo and move on.

And, how many posts have there been on this site where appraisers talk about how fast they do inspection or how many they do in a day? Is it really shocking that the data shows that some are missing things? No one is perfect, and everyone will occasionally miss something, but that is far more likely to happen when one is rushing through the home and trying to squeeze as many into a day as possible.

I've cited many items in disrepair in my reports; I don't know how they are handled, since I never see the finished appraisal.

 

[glenn walker]

Where does USPAP mention appraisal fees?

USPAP doesn't mention appraisal fees i think you missed my point that before licensing and USPAP many set their fee's based on values and that's prohibited today as some said it was like a pre determined value.

 

[Fernando]

Like now, if I think value is over $2 million (typical median around here), I can justify a higher fee to client.

 

[glenn walker]

Deleted.

 

[Trihard]

The AMC does everything possible to move as much money out of the appraisers pocket and into their own. This greed was never the intention of the regulations.

 

[djd09]

if cc isn't what he said they were...they are free to rebut his lies...which is called counter speech

 

[djd09]

I was laid off from appraisal-tech firm Clear Capital. The culture became cold and impersonal, and I don't miss it.​

But the way the company laid us off was cold and impersonal. It was like they lost their sense of loyalty to the employees who helped build the company.

How companies like Clear Capital operate​

As a small appraisal company, Clear Capital hired internal appraisers primarily for quality-assurance tasks like reviewing appraisal reports. We were also responsible for what they call "panel management," where we train our network of appraisers on specific methods or how to evaluate certain property types.

In a statement to Insider, Clear Capital CEO Duane Andrews said:

We have invested extensively in company culture and employee engagement since our founding 21 years ago, and particularly in the past few years. This starts with our core values, which are highly focused on showing empathy and positive treatment of others — these values are embedded deeply into our recruiting, onboarding, training, and performance measurement at every level within the company.

Clear Capital has always prided itself in putting people first, including and beginning with our employees. Restructuring was an incredibly difficult decision for us, and it is far from the first thing we look to as a solution to manage the radical ups and downs of the market. During the market pullback in early 2020 due to COVID, we did not have any knee jerk layoffs because we intentionally chose to wait and see the true impact on the market.

I was laid off from appraisal-tech firm Clear Capital. The culture became cold and impersonal, and I don't miss it.

Clear Capital cut 27% of its staff, or about 378 people. One employee shares how the layoffs went down at the real-estate tech, or proptech, firm.

www.businessinsider.com

pride is a no no word...