you say bias? There is no bias towards the reported market value of the property. The bias u imply is not the one addressed in USPAP.
Are you really saying comp check = Morally bankrupt, unethical reports?
I am questioning the moral crisis your attaching to the relationship between a comp check and a finished report.
The HVCC was about pressure to hit values. As if we were all being sneaky and finding a way to get high values past underwriting. blah. Scapegoating. I dont know or associate with anyone who performs clandestine reports with an underwriter, investor, and reviewer. It would take all three to push through a over-valued report.
Nothing you proposed is found in any of the reports I have done or the 20 or so appraisers I have mentored. Or the ones who mentored me. Nothing mislead one to believe the market value is not well supported. Are you having a tough time with " Nell a comp check was performed so the last 1,000 reports must be dubvious?
You keep equating everything to the value conclusion as if that's what it is you're selling. It's not.
Whether you agree with our standards or not, the fact remains that under those standards the ends (value conclusion) don't justify the means. You can't rationalize a bunch of misconduct by saying
"Kings X, the value is good; trust me". It doesn't work that way. Credibility is earned by doing, not by saying; and the burden of justifying that credibility always rests with the appraiser.
You made a deal when you applied for an appraisal license, and you reaffirm that deal every time you sign an appraisal report certification. You agreed to abide by our professional standards. Not some of them - all of them. Now you're telling us that you routinely go back on your word and then you get surprised when we express disapproval of that. Lookit, if you want to be the outlaw, why don't you just wear it with some pride? Say it loud and say it proud. Why (try to) hide behind the verbal acrobatics and pretend you're just an average citizen?
Your clients all know you're cheating to get assignments. Whether you acknowledge it or not, the fact remains that in their eyes you are a "cooperative" and malleable appraiser who will lie for them under at least some circumstances. They may not find that as offensive as we do, but at the very least it does detract from their perception of us all.
You never did answer my earlier query about providing full disclosure in your appraisal reports about the comp checks you did to get the assignment. So I'll ask again. Are you really so sure of what you're doing that you'd be willing to be open and honest with these lenders about it?
I seriously doubt it. Otherwise you wouldn't be speaking in terms of written proof not being in evidence, thereby making everything okay. It's like me saying that it would be okay to molest little kids so long as I could be sure I could get away with it. That rationale flunks a very basic moral test.
I know what you're thinking right now. You're attempting to fall back on that tired old
"everyone does it and anyone who says differently is a liar" rationalization. Lemme tell you, that won't work here, and the reason why it won't work should be pretty obvious by now. It won't work here because we know for a fact that it's not true.
You've chosen exactly the wrong crowd to try to run that line. This ain't brokeroutpost.com, and we don't sell mortgages by day and timeshares by night.
It may be that everyone
you know does comp checks, including the 20 souls you claim to have supervised. However, if that's really the case then the only thing that proves is that you need to reconsider your associations and start hanging out with better appraisers. Either that or you can get your own act together and set the better example for the appraisers you do know.
OMG...Now I've just had a really bad mental image of you having a mental image of....
