UAD 3.6 - Unexpected expectations

[Kevin L]

The topic of UAD 3.6 has come up many times on this forum.

I've done the trainings, practiced mock reports in total alamode and mobile, and finally attended a zoom overview the other day. I thought I was somewhat ready until I attended the zoom call and saw an appraiser actually filling the form out in a level of detail I wasn't expecting. The amount of time involved is beyond unreasonable and additional data collected goes well beyond the scope of determining value. There were thousands of people on this call and it was an absolute ****show with thousands of angry comments and people leaving the meeting. Never seen anything like it just endless scrolling of chats. Most of them were explicative like **** this I'm not doing this, or I'm retiring...etc.

Companies like Corelogic/Cotality already sell our data back to us in the apps and to other companies. Now we are collecting more useless data for them to profit from. IMO, our fees are going to have to increase significantly to compensate for the additional time and effort or there is going to be a mass exodus of appraisers. If you haven't taken the courses and and/or practiced UAD 3.6 in your software you may want to see what you are in for

 

[Alsie35]

I'm afraid that the wholesale destruction of the Independent Appraiser Small Business Model is not a bug, but a WHOLLY INTENDED feature of the "UAD 3.6 Abomination".

(No matter what the paid software shills and bureaucrat two-face-p*ss-on-your-back-while-telling-you-its-raining liars who occasionally slither in here tell you).

You may want to vote in our unofficial poll after putting yourself through this water torture (I did too, about 10 months ago, and quickly came to the same conclusions that you did):

Thread 'Poll - How Likely Are You To Retire Before Implementation Of The Uad 3.6 Abomination?'

Dec 15, 2025

Let's have a bit of fun ... I know that it is kind of early, but ... let's test the waters shall we, then re-run the poll again and see which way it is going in a few months when the new software is made available for trial ...

• Alsie35
• Replies: 202
• Forum: Fannie Mae, Freddie Mac, USPAP

 

[Non Sequitur]

I'm afraid that the wholesale destruction of the Independent Appraiser Small Business Model is not a bug, but a WHOLLY INTENDED feature of the "UAD 3.6 Abomination".

(No matter what the paid software shills and bureaucrat two-face-p*ss-on-your-back-while-telling-you-its-raining liars who occasionally slither in here tell you).

You may want to vote in our unofficial poll after putting yourself through this water torture (I did too, about 10 months ago, and quickly came to the same conclusions that you did):

Thread 'Poll - How Likely Are You To Retire Before Implementation Of The Uad 3.6 Abomination?'

Dec 15, 2025

Let's have a bit of fun ... I know that it is kind of early, but ... let's test the waters shall we, then re-run the poll again and see which way it is going in a few months when the new software is made available for trial ...

• Alsie35
• Replies: 202
• Forum: Fannie Mae, Freddie Mac, USPAP

I agree. There's a war being waged against independent residential appraisers. Just look around: AMCs hiring staff and "feeding family first", national firms locking up markets by "beating the algorithm", the massive push to normalize PDCs with a "get the facts" national GSE campaign, etc. How can anyone not believe independent appraisers are being targeted for elimination from the GSE world?

 

[Non Sequitur]

 

[Terrel L. Shields]

Your options are limited but some of us argued to expand your practice beyond secondary market. Key to that is getting the CG license. Then learning to write reports not fill forms. That means a report writing program or figuring out, like some of us did, how to create our own templates and write reports for private parties. The most profitable of those is going to be testimony in court - divorce, condemnation, lawsuits, etc. Estate appraisals next. And the last is learning a specialty. Long ago I met an appraiser who only valued shopping centers and malls. Took assignments all over the US and charged in 5 figures. I met another who retired from Las Vegas and valued casinos - a dangerous craft in the old Mafioso days. Another was a specialist on golf courses. And I've seen reports that were prepared by professionals who valued Car Washes, truck stops, and truck terminals. Another who did a lot of airport hangars. I am among a very few who value mineral rights. Water rights valuers are even less common. Same with specialists who value feed lots, poultry farms, resorts, hotels, dock facilities, marinas.

So, my question is why did so few take this advice? Too lazy? Too unskilled? Loves to value houses and only houses? Probably none of that. It's likely that physics is at play. Bodies in motion tend to stay in motion and bodies at rest tend to stay at rest. Fear of the unknown. What if I fail? I understand but I do think you can do both, reject the low pay secondary market work and only accept profitable jobs while honing your craft in a specialty.

 

[OSU Beavers]

View attachment 107511

What are RSDS and Accurity?

 

[Non Sequitur]

What are RSDS and Accurity?

National staff firms that got their jump starts with ADI money, and both have current board seats at TAF and the AQB. RSDS's former name was RSDS Appraisal Diversity, when the ADI money spigot ran dry and politics changed they dropped the Appraisal Diversity schtick. Their big clients are Rocket and UWM, if they have staff in your market you aren't getting much work from the two largest lenders in the nation.

 

[OSU Beavers]

Rocket only sends me inquiries for two counties over. I tell them C&R plus mileage or pound sand. I hope that they are forced to buy back all of their bad mortgages based on those cheap appraisals.

 

[sputnam]

Your options are limited but some of us argued to expand your practice beyond secondary market. Key to that is getting the CG license. Then learning to write reports not fill forms. That means a report writing program or figuring out, like some of us did, how to create our own templates and write reports for private parties. The most profitable of those is going to be testimony in court - divorce, condemnation, lawsuits, etc. Estate appraisals next. And the last is learning a specialty. Long ago I met an appraiser who only valued shopping centers and malls. Took assignments all over the US and charged in 5 figures. I met another who retired from Las Vegas and valued casinos - a dangerous craft in the old Mafioso days. Another was a specialist on golf courses. And I've seen reports that were prepared by professionals who valued Car Washes, truck stops, and truck terminals. Another who did a lot of airport hangars. I am among a very few who value mineral rights. Water rights valuers are even less common. Same with specialists who value feed lots, poultry farms, resorts, hotels, dock facilities, marinas.

So, my question is why did so few take this advice? Too lazy? Too unskilled? Loves to value houses and only houses? Probably none of that. It's likely that physics is at play. Bodies in motion tend to stay in motion and bodies at rest tend to stay at rest. Fear of the unknown. What if I fail? I understand but I do think you can do both, reject the low pay secondary market work and only accept profitable jobs while honing your craft in a specialty.

Decent advice. I once met an appraiser who only appraised natural caverns. At the time, he was the only appraiser in the world with that specialty.