UAD 3.6

[Non Sequitur]

Three minute walkthrough, uhuh. I assume that software calls agents and forces them to answer also so you can get that report in hours.

No calls, but emails and texts for additional info, yes. Not trying to be argumentative, but that's what I do now (email and text) with occasional face to face during site or builder office visits.

 

[Digger88]

Just how OLD are you Digger? Are you some 30-something Fannie plant?

Because those are not the comments of a "seasoned citizen appraiser"

Just don't fn tell me you were born in 1988!!!! PLEASE!

55 Im old af been doing this 32 years

 

[Alsie35]

55 Im old af been doing this 32 years

Well son, when I was your age, I was right on top of technology too! in 2016

Then, something happened.

 

[RCA]

I'm not sure what to make of the new UAD "form". But coming from commercial, I never thought about an appraisal as form filling.

I think about everybody knows by now that the GSEs are planning on eventually turning into hyper-AVMs. They do get a lot of good information from SOME appraisers, and they probably weight appraisal reports by appraiser. They like accurate data and insights. In the end, they will do their own appraisals and eventually get all data from all MLS system - hard for me to say to what extent that already occurs. You are feeding the enemy with every report you send, and you are feeding your enemy with informative posts on forums.

If you were smart, you would definitely avoid GSE's and AMC's. You would even avoid Appraisal companies - unless you are part owner and on good terms with the team.

It's a dog-eat-dog world. You are a fool to trust anyone in appraisal - all you are going to get is an act of some sort or another. Appraisers are generally speaking back-stabbers or complete duds. I don't care who it is. Cindy Chance is quite possibly just another - Trojan Horse ( I could be wrong, but she doesn't even do appraisals as far I can see).

If you want a career ... well you need a good location to do appraisal ... somewhere out in the boonies with unique characteristics. I know some - I won't say to protect the appraisers there. But there are some good locations and I once turned one down - it really was not up my alley at my age.

Most of the easy-to-get assignments don't pay that well - and they are only good to get experience. The profession is in general only good for really technical people who can quickly set up a complex computer and information system and are extremely stubborn and innovative and willing to take on the risk.

It would be a lot smarter to get into construction or some other field.

Bill Gates recently said that the only 3 professions that will survive AI are Biology, Energy and Programming. Manufacturing implies that you have an end-product, fully specified, to produce. AI can handle that rather easily because nearly all the production components are available - they just need to be configured to produce a fully specified product in the most efficient manner. They can do that. Most work, such as accounting work and most appraisal tasks are already specified (my RCA method is based on mathematical proofs) and can be automated ... by anybody who can master the details behind the method). AI does replace much of the mundane work in programming - but can't survive beyond a certain point ... it needs a master to tell it when it is wrong or off track. It knows what it knows 98% of the time at best.

... just quick thoughts.

 

[glenn walker]

Do someone knows when is this due? It has been advertised as making things more simple. But in my opinion is making things more miserable. I hope it is move to 2050. Anyone agrees with me? BTW Does this apply to FHA? Probably not

Yes it will apply maybe not on day one but all agencies on same page.

Uniformity with lenders and underwriters and everyone in the industry is part of improving speed and having everyone on the same page.

 

[shrubberyvaluation]

No calls, but emails and texts for additional info, yes. Not trying to be argumentative, but that's what I do now (email and text) with occasional face to face during site or builder office visits.

You have software that does that for you? Like knows what questions you need answered and who can answer them and just shoots them all out.

 

[shrubberyvaluation]

I think about everybody knows by now that the GSEs are planning on eventually turning into hyper-AVMs. They do get a log of good information from SOME appraisers, and they probably weight appraisal reports by appraiser. They like accurate data and insights. In the end, they will do their own appraisals and eventually get all data from all MLS system - hard for me to say to what extent that already occurs. You are feeding the enemy with every report you send, and you are feeding your enemy with informative posts on forums.

If you were smart, you would definitely avoid GSE's and AMC's. You would even avoid Appraisal companies - unless you are part owner and on good terms with the team.

It's a dog-eat-dog world. You are a fool to trust anyone in appraisal - all you are going to get is an act of some sort or another. Appraisers are generally speaking back-stabbers or complete dudes. I don't care who it is. Cindy Chance is quite possibly just another - Trojan Horse ( I could be wrong, but she doesn't even do appraisals as far I can see).

If you want a career ... well you need a good location to do appraisal ... somewhere out in the boonies with unique characteristics. I know some - I won't say to protect the appraisers there. But there are some good locations and I once turned down one - it really was not up my alley at my age.

Most of the easy to get assignments don't pay that well - and they are only good to get experience. The profession is in general only good for really technical people who can quickly set up a complex computer and information system and are extremely stubborn and innovative and willing to take on the risk.

It would be a lot smarter to get into construction or some other field.

Bill Gates recently said that the only 3 professions that will survive AI are Biology, Energy and Programming. Manufacturing implies that you have an end-product, fully specified, to produce. AI can handle that rather easily because nearly all the production components are available - they just need to be configured to produce a fully specified product in the most efficient manner. They can do that. Most work, such as accounting work and most appraisal tasks are already specified (my RCA method is based on mathematical proofs) and can be automated ... by anybody who can master the details behind the method). AI does replace much of the mundane work in programming - but can't survive beyond a certain point ... it needs a master to tell it when it is wrong or off track. It knows what it knows 98% of the time at best.

... just quick thoughts.

I would disagree with you slightly. I don't think they want good information, they want the appearance that they are using good information.

 

[RCA]

Edit

I would disagree with you slightly. I don't think they want good information, they want the appearance that they are using good information.

Appearances can certainly be deceiving in real estate. Yes, I suppose you are at least partially correct.

I could say more, but more and more, I am getting reluctant to say too much.

 

[Tom D]

Hyper avm, i like that term. Can't stop that bullet from killing the remaining walking dead appraisers. Some of yous will be around to feed the matrix, cause some r.e. info is not static. And they will need human samples to test the hyper avm accuracy.

 

[Alsie35]

Hyper avm, i like that term. Can't stop that bullet from killing the remaining walking dead appraisers. Some of yous will be around to feed the matrix, cause some r.e. info is not static. And they will need human samples to test the hyper avm accuracy.

Well they'll have to do it without my input. This afternoon my wife and I decided that the day the old forms are phased out is the day we will retire.

I must say that I feel MUCH more relaxed now than I've been at any time recently, knowing I won't have to deal with this coming nonsense.

Just sorry that I wasn't the appraiser who walked up to the New UAD seminar teacher at the recent San Antonio ACTS Conference to tell him "I just came today to find out the day that I retire".