Review With Opinion Of Value, Out Of State Appraiser! Proteck

[Midwest Guy]

I was provided a desk review report on a URAR that I performed for a client. The desk review that was made by Proteck was prepared by an appraiser in the state of Washington. This valuation report (Review Appraisal) had a new opinion of value and additional comparables. Zillow was a data source mentioned on his sales grid.

I have a complaint for this prepared, I would like comment before reporting this obvious abuse from the AMC. I do not care about this "Appraiser" from across the continent, but this AMC has state license that should require proper protocol.

 

[J Grant]

was the review in your opinion incompetent? Was the review opinion of value poorly supported?

 

[Terrel L. Shields]

What is MO law on AMCs and on OOS appraisers? I think competency would be an issue and I would file against them. I don't recall what MO law on AMCs should be but do keep in mind your report will be an issue as well ... make sure it is bullet proof.

 

[Michigan CG]

Appraising a property without a license from 1,500 miles away using zillow? That takes the prize of idiot of the week.

 

[J Grant]

was their opinion of value higher or lower than yours, and was it a purchase situation?

 

[Lisle]

What a sad waste of time, having to address something so basic and wrong.

 

[Michael S]

Is this appraiser licensed in Missouri?

 

[glenn walker]

I would contact your State Board before fling a formal complaint and find out what their position is on the issue and will they require you to provide your original appraisal and work file ? Sometimes these can turn into time consuming events and a state government hack would love nothing more than to find issues with both the review and the original report.

 

[Meandering]

Call; the review appraiser, and see if they actually have knowledge of a review for a property in Missouri, or if there is some fraud going on.

.

 

[Midwest Guy]

Call; the review appraiser, and see if they actually have knowledge of a review for a property in Missouri, or if there is some fraud going on.

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By not having MLS or proper license/certification, this is fraud, by the AMC!