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Review: Appraiser I'm reviewing calls me

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c w d

Senior Member
Joined
Oct 2, 2006
Professional Status
General Public
State
Florida
....out of the blue. I've only done a preliminary search of market data and have not even looked at the guy's appraisal in depth. I ask him what I can do for him and he says "I was told you needed to speak with me". Obviously, the client is playing games because I didn't tell anyone any such thing.

I personally don't want to speak with the guy. I plan to do my review, note what I've found and give an opinion of value (as required by the client). Beyond that, I have absolutely no reason to talk to the appraiser being reviewed, nor do I want to. Personally, I think it's not a good idea to talk to the appraiser being reviewed. Everyone's works should stand for itself. No further explanation is needed for a review process.

How would you handle this?
 
Contact the lender immediately. I bet you the loan officer or broker tipped him off.
 
I don't like the idea of the original appraiser calling me but I have no objections to speaking with him or her if I need some clarification.
 
I bet the MB tipped him off. The MB wants the original appraiser to try and influence your opinion.
 
Tell him thanks for calling but I'm ok, there must have been a communication error on the part of the client.
 
I would tell him in compliance with USPAP I cant discuss the review with you. That is neither good nor bad but simply that you dont have permission from your client to discuss anything with him. Tell him you are sure he can appreciate your stance and thank him for calling.
I believe reviewers have a confidentiality agreement with their client and cannot discuss the review with anyone but them.
 
Is't the original appraisers name supposed to be covered up/whited out? I haven't seen any lately, I should refuse the order, especially in a small market or if I know the guy.
 
I don't think anyone (normal) would be up front contacting a reviewer on their case, unless they were overly concerned about something? Even still that would take allot of ......

Tell em you are going to do a very thorough forensic review and it could take several days.
 
First, you are reviewing an appraisal, not the appraiser.

Second, do your job.

Third, you have no reason to speak to the other appraiser unless you have questions, not him/her and then only with the permission of your client.
 
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