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July 2008 ASC Q&a- Wink Wink Comp Comp

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Perhaps you missed "I have been, am, will remain USPAP compliant....." Do I accept ANY orders with a recommended, requested, or minimum estimated value - no. Do I accept purchase assignments and review a Contract (if available during the normal course of business) AFTER the Appraisal is completed - yes. Do I care one iota what the Contract Price is - no. Does it have ANY impact on my opinions of value - HELL NO. Never has, never will. The Market does. Are literally thousands of (a)ppraisers who CANNOT appraise UNLESS supplied with the Contract Price or a "SUGGESTED" BULLSEYE - HELL yes.

Mike - the answer I was looking for. (And by the way, I agree completely with your last sentence. I know of many).

So, we agree that ethical appraisers can actually know of a sales price but not let it influence them. That is because we are ethical. There are others who without that direction of value would be out of business. All they can do is complete a form to a desired result.

IF we agree that we can do that ethically, why can we not also agree that an assignment done yesterday, lets say a drive-by for a lender, could also not influence our opinion of value today when we are asked to go do a "full" appraisal on the property? Mike, I think you could do that. I think you would have no problem calling it like you see it. Most of the people with whom you are arguing with in this thread would call it like they saw it too. There are some posters here I do not know now, because of the name changes. Many I do. Those that I know of here, I have great respect for and think they would all not let the previous assignment influence them at all.

That is the whole point of the thread. Ethical people act ethically. Unethical people do not. You can change laws, make new ones, it does not matter. They don't care about the law that says they can not do it now - they wont care about a law that says they really cant do it now. So rather than focus on changing the law, lets change who gets to do the appraisals.

Mike, we do agree on some points. I think the ordering of the appraisal should be taken away from the originators and given to a non-biased party. I think the originators should have no knowledge of who the appraisal will go to. I think on these fronts we agree. I simply do not see a reason to change USPAP to make something that is illegal now more illegal.
 
Wouldn't you rather be a hickey than a pimple?!!!


The housing crisis, and the vast number of unethical appraisers, have all given us a hickey. Within the system, however, we are but a pimple.

And Mr Evans ... dont feel bad .. I did say WE and not you.
 
The housing crisis, and the vast number of unethical appraisers, have all given us a hickey. Within the system, however, we are but a pimple.

And Mr Evans ... dont feel bad .. I did say WE and not you.
Something about the thought of a system full of pimples creeps me out .:icon_idea:
 
Is pimp the root word of pimple? That is what this thread is all about, no? :new_smile-l:
 
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