Restricted report

[DWiley]

what is wrong with being an advocate?

Nothing inherently wrong with being an advocate - but advocacy is not allowed if presenting one's self as an appraiser. Pretty fundamental.

 

[George Hatch]

To me, it would not matter. However, I have seen litigation cases where an appraiser had clearly become "part of the team" and had pretty obviously taken on the role of an advocate instead of being objective. It does not reflect well on our profession, but it does happen. When I worked as an investigator I had multiple cases that involved an appraiser working as an advocate.

I remember when I renewed my Instructor cert the first time, the renewal course was held out of town so I had to fly in. When we flew out I ended up having lunch at the airport with one of the other course participants. He didn't teach. He was a full-time professional witness. I asked him how he balanced the client interests with the role of the impartial D3P.

His response pissed me off to no small degree.

 

[djd09]

Nothing inherently wrong with being an advocate - but advocacy is not allowed if presenting one's self as an appraiser. Pretty fundamental.

fannie forms, fannie guidlines, fannie jargon, fannie CU. bias? what bias?

 

[DWiley]

fannie forms, fannie guidlines, fannie jargon, fannie CU. bias? what bias?

Nothing about the forms, policy, etc. make one an advocate.

 

[djd09]

Nothing about the forms, policy, etc. make one an advocate.

says Mr. GSE

 

[Sadie]

I was not asked to review the appraisals, but was given them as reference.

The attorney said there is a court date set and I would have to appear and answer questions from the opposing counsel in regards to my report.


I don’t know if this should be a separate thread, but does anyone have court transcripts or better yet, video of appraisers being questioned ?

I would take a class, then you can also use it for continuing ed.

 

[DWiley]

says Mr. GSE

Being at a GSE has nothing to do with what I wrote. Advocacy occurs as the result of an individual's mindset in carrying out an assignment; it is unrelated to any item in the list you provided. One either carries out an assignment in an objective way, or one acts in a way that favors a party or an outcome. That is entirely up to the individual, not forms, policies or underwriting systems. No appraisal I ever did was influenced by the reporting format used to communicate the results.

 

[Mark K]

His response pissed me off to no small degree.

This happens so often in R/W work its disgusting. It seems that when some, luckily only a few, of the 'highly designated" appraisers get within about 5-10 years of retirement, they turn into appraiser hoars (won't let me use the word *****).

There are a couple of appraisers/prostitutes whose reputation is now so bad that attorneys laugh at the mention of their names. But the 'appraisers' are laughing all the way to the bank after giving the owner/owner's attorney any number they want and collecting BIG checks.

 

[George Hatch]

When acting in the role of appraiser, all forms of client advocacy are equally toxic regardless of who/what the client is. In such situations the appraiser is basically agreeing to lie for the client in order to enable them to cheat the other side of the transaction.

 

[ZZGAMAZZ]

I remember when I renewed my Instructor cert the first time, the renewal course was held out of town so I had to fly in. When we flew out I ended up having lunch at the airport with one of the other course participants. He didn't teach. He was a full-time professional witness. I asked him how he balanced the client interests with the role of the impartial D3P.

His response pissed me off to no small degree.

Wow. Really interesting comments. Another issue/factor/scenari8o of which I'm totally unaware is the California concept of a "Probate Referee," who is an appraiser hired by each court jurisdiction, who is compensated based upon his or her Opinion of Value. I think that a General license is required, although the concept is rarely discussed, as far as I'm aware.