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USPAP class for the thirteenth time
- Thread starter djd09
- Start date
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
I'm not catching the reference. Are you referring to appraising multi-family?
Fritz in NY
Senior Member
- Joined
- Dec 16, 2004
- Professional Status
- Certified Residential Appraiser
- State
- New York
How did you "OLD" Appraisers let this happen? I'm a young 66 yo guy, in the Real Estate game 39 years, 30 years as an appraiser.
I guess that means I suffered through at least 15 USPAP classes, waste of my time. If you consider yourself a professional, you would already know what changes are made and who is making them. I don't need a whole day to review what I know already. Again, and again.
Maybe we should find new blood for our future, the old guard seems to have let us down.
I guess that means I suffered through at least 15 USPAP classes, waste of my time. If you consider yourself a professional, you would already know what changes are made and who is making them. I don't need a whole day to review what I know already. Again, and again.
Maybe we should find new blood for our future, the old guard seems to have let us down.
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
That's the thing - outside of the forums and chat groups most appraisers don't spend any time at all n the material and don't ever get around to connecting the dots between the material and their day-to-day.
Everyone here on this forum gets WAY more exposure to these topics than anyone who has attended all the updates. I don't think this group is representative of the competency level among the majority of the community. Not that this much familiarity is required of most appraisers. I think most appraisers learn what they have to know to do what they do - and there's nothing inherently wrong with that. They don't have much use for a lot of the applications that they'll never have occasion to use.
I'm kinda looking forward to the implementation of Fannie's new reporting because the new formatting covers a couple aspects that the old formats completely skipped. And since probably the majority of folks appraise to the form any improvements to the form has a corresponding effect on the things they're considering. I think.
Everyone here on this forum gets WAY more exposure to these topics than anyone who has attended all the updates. I don't think this group is representative of the competency level among the majority of the community. Not that this much familiarity is required of most appraisers. I think most appraisers learn what they have to know to do what they do - and there's nothing inherently wrong with that. They don't have much use for a lot of the applications that they'll never have occasion to use.
I'm kinda looking forward to the implementation of Fannie's new reporting because the new formatting covers a couple aspects that the old formats completely skipped. And since probably the majority of folks appraise to the form any improvements to the form has a corresponding effect on the things they're considering. I think.
Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
I didn't know that. I must have fallen asleep in class.i did learn a couple things...
there is no end date to USPAP this time...
and appraiser can advocate...if they are not the signer of the appraisal
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
Who cares.i did learn a couple things...they changed the definition of 'report' 11 times...
They will change it 12, 13, 14, and many more times until they get it right.