Nobody Is Ready Yet For The UAD Crap

[Zoe]

Noticed that D. Wiley is AWOL.

He is employee. I am not sure if maybe the boss said shut up or he decided to. . You know how DOJ obeys Trump.

Don't release any files DOJ. You understand? If you release one file, I will fire you.

 

[chad hampton]

He ran his own residential fee shop for 25+ years (Wiley Group) and handles 1004s every day in his current gig. I strongly doubt you would fare well with him in a game of Appraiser Jeopardy. Neither would I.

What do you mean? According to you, you can train a donkey to do a residential appraisal.

Im certain you would blow anyone away doing an appraisal in your market. And they would blow you away in theirs.

 

[George Hatch]

I never said that. Nor do I think that. I've said the opposite, many times. IMO not everyone who wants to be an appraiser has what it takes to do the job.

And even though you didn't ask, I also strongly doubt you would fare well if playing Appraiser Jeopardy against Wiley. So that now makes 3 of us: Fernando, me and you.

 

[chad hampton]

I never said that. Nor do I think that. I've said the opposite, many times. IMO not everyone who wants to be an appraiser has what it takes to do the job.

Ok. Fair enough. I agree with that.

 

[Zoe]

Single family residential can be way more complex in some cases that any commercial assignment. I know.

 

[Fernando]

I had a trainee who eventually got Certified. Licensing requirements to be consider an appraiser is a joke.
He no longer practicing after the Great Recession.

 

[Terrel L. Shields]

Who is going to update the Henry Harrison classic?

Curious if he is still alive. He'd be in his 90s. Henry Starin Harrison.

 

[chad hampton]

There should be a little hardship to overcome for any worthwhile career. That’s not a negative.

Sure, it’s much easier to get into sales or lending, but that’s what made appraiser unique. It’s far too easy to become an appraiser today. And still no one wants it. I wonder why?

 

[Terrel L. Shields]

I wonder why?

No respect. No compensation. Tons of liability. Not that agents don't have issues. I just saw a case where a Realtor told the potential buyers that there was black mold in the house. The seller sued saying the Real estate agent killed the deal. The judge ruled for the defendant as she pointed out that the agent had the obligation to report any detrimental condition. The mold was obvious whether bad or good, it needed addressed.

 

[djd09]

Freddie Mac’s research contributes to an ongoing national conversation about the causes and frequencyof undervaluation. Freddie Mac continues research to identify causes and explore potential solutions tothe appraisal gap. In the meantime, we established the aforementioned AQM framework to help addresspotential bias by identifying patterns in appraisal reports. Additionally, as noted above, we aredeveloping alternative valuation methods less dependent on individual judgments.

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