Subject: Don't just vent about UAD 3.6

[Vermonter]

Oh, I understand that. But with waivers ramping up, no appraisal work, which equals appraisers leaving en mass, who's going to do the 3.6? PAREA grads? Uber drivers?

Yes. Why pay an appraiser top dollar to collect data, when a doordash driver will do it for a fraction of the price?

 

[Essexfenwick]

Yes. Why pay an appraiser top dollar to collect data, when a doordash driver will do it for a fraction of the price?

And faster.

 

[chad hampton]

The real scam in all of this is that people became conditioned to believe all you do in the field is collect data. I never once felt I was collecting data until they invented that term about 8-10 year ago. I thought I was doing an appraisal inspection, and it was considered significant and needed to be done by a licensed appraiser, or under the supervision of one - as indicated in USPAP.

There's a reason they don't call in what it really is, and what every other person in RE calls it - an appraisal inspection. These are some real deceitful POS we have at the top of this profession.

 

[DWiley]

I thought I was doing an appraisal inspection, and it was considered significant and needed to be done by a licensed appraiser, or under the supervision of one - as indicated in USPAP.

Some think Earth is flat.

USPAP never said that, as has been pointed out to you many times. Its the same issue as your view on staff appraisers. You keep inserting words that are not there, and then complaining that no one will enforce those absent words.

If one starts with a false premise, the position presented always lacks credibility.

 

[chad hampton]

You keep saying that, unfortunately, I’ll have a USPAP book from several years ago that our instructor had us open up to that page and highlight it.

If you want, I can tell you the instructor’s name, he might have violated the NDA by doing that.

 

[DWiley]

You keep saying that, unfortunately, I’ll have a USPAP book from several years ago that our instructor had us open up to that page and highlight it.

If you want, I can tell you the instructor’s name, he might have violated the NDA by doing that.

After all those USPAP classes you still don't seem to understand that the "USPAP book" used to include more than USPAP. What that instructor had you highlight was in the "USPAP book" but it was never in USPAP. In fact, take that book, look at the highlight, and then turn to the intro to that AO and see what it says about AOs not being part of USPAP.

The failure for students to grasp that concept is one reason the AOs are now published separately, so people do not conflate what is and is not USPAP.

 

[chad hampton]

It’s in the USPAP book, but it’s not part of USPAP That’s a beautiful phrase right there. Sums up this profession in 1 statement

I love it. If I’m forced to buy it, it should count for something.

 

[zacharysh]

First time I've heard that Cuomo's sister was involved, so I looked it up and here's what AI came up with.....the HVCC though....my lord, that was the killer of the profession.....

No, Andrew Cuomo's sister was not involved in the decision to direct appraisals to Appraisal Management Companies (AMCs). That policy change occurred during Andrew Cuomo's tenure as New York Attorney General in the late 2000s, long before his sister Madeline Cuomo became a central figure in his political operations.

The shift toward AMCs is attributed to Andrew Cuomo himself, specifically through the implementation of the Home Valuation Code of Conduct (HVCC) while he was AG. Industry critics argue that this move, which he championed to eliminate conflicts of interest in mortgage lending, inadvertently empowered AMCs and harmed independent appraisers.

Thank you. Will do.

 

[George Hatch]

Nobody can compel these users to patronize appraisers instead of any other alternative. Our only protection in the market is to offer something different than our competitors are offering.

If you think the number on the bottom line is the only thing you sell then you're going to have a tough time differentiating that from what the alternatives are also offering.

 

[George Hatch]

It’s in the USPAP book, but it’s not part of USPAP That’s a beautiful phrase right there. Sums up this profession in 1 statement

I love it. If I’m forced to buy it, it should count for something.

If you buy it you should possibly consider reading it for content instead of defaulting to the old appraisal myths which are not addressed in USPAP. If you actually knew what you were talking about you wouldn't take some of this stuff so personally.