What does it Mean to Protect the Public Trust

[Terrel L. Shields]

the professional appraiser determines the scope.

Agree with them or walk - I guess that is the appraiser's choice.

 

[Terrel L. Shields]

one reason USPAP should be eliminated from any secondary market or FHA work.

Yes, create their own ethics document. Eliminate what used to be called "supplemental standards" - Only USPAP with the appraiser determining the scope with the approval of the client. Not crammed down your throat.

 

[George Hatch]

I've never heard this new thing about letting a user determine the appropriate scope required to produce a credible report. For the past 20 years, all I ever heard from USPAP classes was the professional appraiser determines the scope.

Asked and answered. Reading is fundamental

For mortgage lending the client (user) gets to decide exactly what their expectations are. The appraiser is required to decide how to meet those expectations in addition to the minimums in USPAP. User expectations can add to, but cannot detract or conflict with the minimums in USPAP.

All inspection related *requirements and expectations* are user driven, not USPAP driven.

 

[George Hatch]

Agree with them or walk - I guess that is the appraiser's choice.

That's exactly right. If confronted with unreasonable assignment conditions the default is to decline the assignment unless the appraiser can renegotiate to clear those conditions.

 

[Mejappz]

I've never heard this new thing about letting a user determine the appropriate scope required to produce a credible report. For the past 20 years, all I ever heard from USPAP classes was the professional appraiser determines the scope.

For secondary market work, it’s take it or leave it.

 

[George Hatch]

Nobody is stopping appraisers from adding to their SR1 SOW or their SR2 report if they think that's what it takes to perform that service. Nor is anyone forcing appraisers to take on assignments they don't like.

The reality is that we sell a service. We do not unilaterally dictate terms. Nor is that some new aspect of the appraisal business.

I think it's ironic that what you guys are complaining about isn't an addition to the SOW that's being "crammed down your throat" , but is actually a reduction of the SOW. They're not demanding more from you on this issue, they're telling you they'll accept less from you.

 

[Mike Ault]

Nobody is stopping appraisers from adding to their SR1 SOW or their SR2 report if they think that's what it takes to perform that service. Nor is anyone forcing appraisers to take on assignments they don't like.

The reality is that we sell a service. We do not unilaterally dictate terms. Nor is that some new aspect of the appraisal business.

I think it's ironic that what you guys are complaining about isn't an addition to the SOW that's being "crammed down your throat" , but is actually a reduction of the SOW. They're not demanding more from you on this issue, they're telling you they'll accept less from you.

Yeah, we're all so misinformed that we don't understand what's actually happening to us.

 

[chad hampton]

I should’ve listened to the users all those times when I was told part of my scope of work was to appraise the home for 500 K.

 

[Mike Ault]

I should’ve listened to the users all those times when I was told part of my scope of work was to appraise the home for 500 K.

Yeah, if you knew you weren't going to hit our sales price, why didn't you decline the assignment?

 

[jay trotta]

That's exactly right. If confronted with unreasonable assignment conditions the default is to decline the assignment unless the appraiser can renegotiate to clear those conditions.

In todays climate there is no negotiating with AMC's
From what I've seen you Bid or Lose based on how quickly you respond

I negotiate, with my clients when necessary.