SinoBear
Freshman Member
- Joined
- Jan 11, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Iowa
Okay so revision requests have been getting worse over the years, and have been annoying but I’ve accepted that it’s just a part of the job now that AMC’s need their job security.
Anyhow in the past few weeks I’ve had some downright ridiculous requests. Such as “another appraiser used the same comparable XYZ and had a different GLA.” Okay fine I can see why they are questioning it, so I explained how and why my calculations are felt to be correct. So THEN they want me to state that in the report…that another appraiser had a different calculation and why mine is felt to be correct.
Again today I got a revision request (from a new client), because their usual appraiser uses larger GLA adjustments than I do ‘for my area’ (how much a difference I have no idea). Without losing my **** I explained that there is no one size fits all GLA adjustment ‘for my area’ various things such as neighborhood, style, quality, condition, age, size, etc. of the home will determine the proper GLA adjustment, which I already explained in the report how my adjustments were abstracted.
However they still want me to state in the report that a peer appraiser would typically use a larger GLA adjustment, but I chose not to…blah, blah, blah. I can’t even wrap my head around this one, I have not yet made the “revision.” Also this particular report had 5 good, recent comps with low net/gross adjustments; and only 2 of them needed a GLA adjustment for differences less than 200 Sq.Ft. So even if I had used 'larger' adjustments it would have not changed the outcome, and those 2 sales adjusted values would be out of sync.
It is one thing to add additional comments and explanations on MY work, but to have to compare my work with another appraiser’s based on vague information the client supposedly obtained is taking it too far.
Anyhow in the past few weeks I’ve had some downright ridiculous requests. Such as “another appraiser used the same comparable XYZ and had a different GLA.” Okay fine I can see why they are questioning it, so I explained how and why my calculations are felt to be correct. So THEN they want me to state that in the report…that another appraiser had a different calculation and why mine is felt to be correct.
Again today I got a revision request (from a new client), because their usual appraiser uses larger GLA adjustments than I do ‘for my area’ (how much a difference I have no idea). Without losing my **** I explained that there is no one size fits all GLA adjustment ‘for my area’ various things such as neighborhood, style, quality, condition, age, size, etc. of the home will determine the proper GLA adjustment, which I already explained in the report how my adjustments were abstracted.
However they still want me to state in the report that a peer appraiser would typically use a larger GLA adjustment, but I chose not to…blah, blah, blah. I can’t even wrap my head around this one, I have not yet made the “revision.” Also this particular report had 5 good, recent comps with low net/gross adjustments; and only 2 of them needed a GLA adjustment for differences less than 200 Sq.Ft. So even if I had used 'larger' adjustments it would have not changed the outcome, and those 2 sales adjusted values would be out of sync.
It is one thing to add additional comments and explanations on MY work, but to have to compare my work with another appraiser’s based on vague information the client supposedly obtained is taking it too far.
