Is Uber The AMC Model ? Mit Study Says Uber Drivers Make Less Than Min. Wage

[George Hatch]

Now increase the bandwidth of those choices with additional alternatives in between - each having a more narrow degree of optimal use - and we get to a longer menu of services to offer our clients.

The point is, if someone is going to operate an AVM or participate in a valuation we should want that someone to be an appraiser who has the skills and exposure to the market rather than some coding geek with binary vision.

 

[Deleted member 130081]

In appraisal, common sense definitely seems to be rare.

You mean underwriting right?

 

[Deleted member 130081]

The problem is appraisal has not advanced or made any progress. Stuck in th e 90's.

I could not agree more. I blame each and every person who ever wrote "the" book on appraisal for starters. Then TAF for a lack of due diligence. And finally the GSEs for a lack of due diligence. Saying we are stuck is one way to put it. Utterly blind and living in fantasy is another way to put it.

This is how I feel each and every time I look into a new course on extracting and supporting adjustments. How about a solution for the other 99.99% of the time? No solution? Fine. Just stop acting like the solution is out there and we ought to all be aware of it. It would be laughable if I weren't in the middle of it. Big data shows us, yet no one listens. Only snake oils for sale.

 

[Joe Flacco]

I could not agree more. I blame each and every person who ever wrote "the" book on appraisal for starters. Then TAF for a lack of due diligence. And finally the GSEs for a lack of due diligence. Saying we are stuck is one way to put it. Utterly blind and living in fantasy is another way to put it.

This is how I feel each and every time I look into a new course on extracting and supporting adjustments. How about a solution for the other 99.99% of the time? No solution? Fine. Just stop acting like the solution is out there and we ought to all be aware of it. It would be laughable if I weren't in the middle of it. Big data shows us, yet no one listens. Only snake oils for sale.

Developing adjustments is a basic appraisal skill. A basic skill that many if not most appraisers lack.

 

[Joe Flacco]

Being unable to develop adjustments has nothing to do with being stuck in the 90's. Being unable to develop adjustments is just lacking common sense or being incompetent.

 

[George Hatch]

The biggest problem appraisers have with developing adjustments is that a lot of them don't make any effort to develop their adjustments. There's no analytical technique that will work without performing it.

 

[Joe Flacco]

I think it is different issue than that. They don't understand basic appraisal concepts like imperfect data and reconciliation. Reconciliation also applies to developing adjustments.

 

[Deleted member 130081]

Be nice. Give respect. Reject stupidity.