Truth or Dare

[djd09]

word smithers are as bad as the word police...

 

[djd09]

you do know they called them 'appraisal' waivers...and supplied their own value

 

[J Grant]

Boom. When I found fewer clients accepting what I wanted for the typical assignment, I decided to leave the industry as a full-time participant. No coercion involved. I also set the wage I work for now, by turning down several inferior offers, and negotiating up the salary at my current employer. We have both been happy with the arrangement since I started.

Why get sucked into the trap of having to say we understand there is no coercion involved.

It is not coercion; and no appraiser here ever said it was. It is a manipulation of the market in this limited supply of res lender work that a large segment is in AMC's hands, and that means a highly imbalanced S/D, coupled with the fact that the AMC does not charge heir lender customers a hard cost the way normal businesses do, they are compensated by paying the appraiser vendor as little as possible so the AMC gets to keep the most $ from their split of an appraisal fee as possible

 

[Surf Cat]

The GSE's are running appraisers out of business, but they are offering free valuations ( not a free appraisal )

By offering a non regulated valuation, they avoid the regulations placed on appraisals like a target value and such.

I

Comp checks are back! WooHoo

 

[George Hatch]

My state's definition for appraisal and appraiser are also different from USPAP

 

[George Hatch]

word smithers are as bad as the word police...

The appraisal license that a state issues to an applicant includes certain terms and conditions. The applicant agrees to comply with those terms and conditions. Every renewal I've ever applied for has also required me to agree again to comply with those terms and conditions.

"I don't know what I'm talking about" isn't a defense for non-compliance. Or for arguing the govt has no authority to add their own terms and conditions to the licenses they issue. Holding an appraisal license is a privilege, not a right.

 

[Terrel L. Shields]

An appraisal per AI and USPAP is an opinion of value - regardless of what some random dictionary says.

RE appraisers should not get the idea that they own the word "appraiser". More accurately perhaps we should deploy the British or Canadian use of Chartered Surveyor or Valuer. So, the definition below isn't valid in light of the numerous "appraisers" of other things than real estate.

Human Resources evaluates employees with "appraisals". Personal property has "appraisers" - think Antique Roadshow. Marine surveyors are appraisers. Geologists and petroleum engineers are evaluating drilling prospects are appraising the company assets. Assessors are appraisers. Appraisers can apply to opinions of value, of service, and a host of other attributes.

We do not own the term "appraiser".

 

[Surf Cat]

I wish appraisers had the gumption to do a nationwide, full stop on AMC work. Stop the money grab and bring media attention to our plight.

The reality however, is that GSE work is coming to an end. Just like dock workers at the major ports. Automation and computers can load / unload more efficiently and faster than humans on forklifts can.

 

[J Grant]

I wish appraisers had the gumption to do a nationwide, full stop on AMC work. Stop the money grab and bring media attention to our plight.

The reality however, is that GSE work is coming to an end. Just like dock workers at the major ports. Automation and computers can load / unload more efficiently and faster than humans on forklifts can.

Loading a forklift is a mechanical skill, not a reasoning and thinking skill.

But indeed, if society chooses to put "efficiency " above all other values, including the ability of humans to earn a living, then indeed, it will come for us all. I suppose at that point, we can eat each other or find similar Darwinian ways to "adapt"-

 

[George Hatch]

RE appraisers should not get the idea that they own the word "appraiser". More accurately perhaps we should deploy the British or Canadian use of Chartered Surveyor or Valuer. So, the definition below isn't valid in light of the numerous "appraisers" of other things than real estate.
View attachment 94027
Human Resources evaluates employees with "appraisals". Personal property has "appraisers" - think Antique Roadshow. Marine surveyors are appraisers. Geologists and petroleum engineers are evaluating drilling prospects are appraising the company assets. Assessors are appraisers. Appraisers can apply to opinions of value, of service, and a host of other attributes.

We do not own the term "appraiser".

None of the different rulesets own these terms outside of their own usage.