Where Do You Think "geographic Competency" Begins And Ends?

[J Grant]

The argument for lowering of standards is the negative argument- there are no studies linking fee and quality ,no studies showing more education leads to a better appraiser, and next, no studies that geo competency is needed for a typical SFR. Then the "idiot" examples come forth- anecdotes about a loser who graduated college, a terrible appraisal done at a high fee, or a geo competent appraiser who did a lousy job..

What legitimate poll allows unlimited multiple choices that lead to a skewed result? The poll is set up, from the narrowest first category to the last and broadest, to convey that in varying degrees, geo competence is not required.

This negation of geo competency was introduced here as a testing of the waters but my prediction is it will not end here, and we will see it as the next benchmark of change sought by stakeholders.

 

[Joe Flacco]

I am sure Danny was/is a fine appraiser and I admire his success in the business. That said, he might have a appraisal license and his title might be chief appraiser but he is not a appraiser. He basically is a AMC, a agent of the lender. He represents one stakeholder rather than the appraisal profession at this time in his career. There is nothing wrong with that. That is the role he is in. Everybody should understand that.

For the rest of us, public trust is where policy discussions and decisions should begin and end.

 

[J Grant]

I'm certified to appraise in Pennsylvania, not just a 5 mile radius of what some stupid aamc requires.

This topic is about competency- your cert license allows you to appraise in Pennsylvania which is a license issue . What assignments you believe , or actually are, competent in , geo or otherwise would be up to you ( and reviewers of your work).

If you resent the fact that AMC's have imposed some geo boundaries on appraisers, as the saying goes, be careful what you wish for.

If that is scrapped and you think it expands your opportunities, that is only part of the picture -they can flood your area with appraisers wiling to work cheaper than you, or use their staff to do the desk part of bifurcated assignments, with a local RE agent/other doing the inspection.

 

[Meandering]

I didn't think that people were unaware of how long Danny Wiley and I have known each other or how closely we agree on most things related to USPAP.


If you're asking whether Danny and I have discussed a myriad of appraisal issues with each other on a regular basis over the last 15 years, the answer is "yes". We generally talk with each other once or twice a month, almost enirely about USPAP stuff. If you're asking whether or not Danny's approach to these concepts and principles have resonated with me since the first and only time we met in person in Los Angeles when I attended the first AQB USPAP Instructor course - which he was teaching - the answer to that question is "Yes", too.

But if you think that our relationship has only recently been of effect on my perspectives then you're dead wrong. I would never have passed the USPAP Instructor Course had I not understood what he was saying up there behind the podium; I would never have brought those perspectives and explanations to this forum and promulgated them on the consistent basis for all these years since then had I not been a true believer. And whatever people's perceptions of my current understanding is I also wouldn't have accrued THAT reputation if not for agreeing with how the abstracts connect to the specifics of what we do every day.

I pass no judgement on anyone's relationship or not.

I'd be just as happy to see every regular poster to this forum have relationships with each other. I'm a granny we like that big kind-a family thing.

I only questioned why Tim was upset with the answers.

But not for nothing, I'm also just as happy to watch JGrant wait for Corelogic to give her access to national MLS just like I watched her wait for Fannie to giver access to CU.

I already know there are many rose colored glasses that can't be fogged by heavy thoughts. But then again, there are many more that just needed to stop, think, and pay attention to the data.

I'll let you know when I can release that national license info, but it'll probably be close to the time you'll be reading about it on the internet anyway.

.

 

[Randolph Kinney]

Well that depends,

copy of the agreement of sale and MLS access, you're immediately competent.

Probably won't even get a stip either.

Well, isn't that George's question that you answered? A certified residential appraiser licensed in California and appraises in California 15 years moves to Transylvania county North Carolina and gets licensed there, starts appraising SFRs almost immediately. My-my.

 

[J Grant]

Marion, please don't mis represent my intentions... I am not in favor of a national Core Logic nation wide MLS access and certainly not waiting for it. I said it is likely to occur in the stake holder interest of allowing all area access for appraisers to widen coverage.

- I also never r believed ( or posted) that Fannie would give access to appraisers for CU. I recognize it is their proprietary review program for their use.

 

[J Grant]

Well, isn't that George's question that you answered? A certified residential appraiser licensed in California and appraises in California 15 years moves to Transylvania county North Carolina and gets licensed there, starts appraising SFRs almost immediately. My-my.

I think ( or at least hope) she was being sarcastic...but perhaps not. In any event, licensing is not the same as competence , ( including geo competence). Licensing means you are in good standing with the board , have paid your license fees and taken continuing required education.


If you were a good appraiser in California, you will be a good appraiser in NC, lack of geo familiarity can compromise results sometimes...unless you are self aware enough to recognize it .

If you were a lousy appraiser in California, you will be a lousy appraiser in NC, and lack of geo familiarity will compound it- and a bad appraiser is not self aware enough to self correct. .

The licensing board does not know how good or bad an appraiser you are or what you are capable of doing , it knows you complied with the license regulations in that state. .

 

[Meandering]

Well, isn't that George's question that you answered? A certified residential appraiser licensed in California and appraises in California 15 years moves to Transylvania county North Carolina and gets licensed there, starts appraising SFRs almost immediately. My-my.

You'll still have to wait on that recip-license to be issued in NC.

Not as fast as you want to think.

And write all the reports you want. If anyone has any issue with them, the state board will decide your competency or not, regardless to license status. Because it's only appraisers that decide their competency and of course all appraisers believe they are competent, until the state board decides they are not.

I don't know of anybody who proclaims they are incompetent and yet endeavors to undertake the very tasks they claim to be incompetent of completing, and voluntarily holds all liability for the outcome of their work. So in the real world, everybody believes they are competent to under take the tasks they undertake, until they screw it up.

I had a husband like that. Read the directions after you break it.

.

 

[Randolph Kinney]

I think ( or at least hope) she was being sarcastic...but perhaps not. In any event, licensing is not the same as competence , ( including geo competence). Licensing means you are in good standing with the board , have paid your license fees and taken continuing required education.

If you were a lousy appraiser in California, you will be a lousy appraiser in NC, only lack of geo familiarity might compound it. The licensing board does not know how good or bad an appraiser you are or what you are capable of doing , it knows you complied with the license regulations in that state. .

Ah yes, the first step to competent appraising is to know the regulations and laws of appraising which is a given when you are licensed according to the laws and regulations of the state that issues that license.

How about home inspection? Check, done that for 15 years, taken courses in construction.

How about appraisal methodology and techniques? Check, done that for 15 years, taken courses.

So the only thing that is missing in North Carolina is knowing the "neighborhoods" and what the market values. How long does it take to be competent to get to know a neighborhood to appraise one SFR in that neighborhood?

 

[Randolph Kinney]

You'll still have to wait on that recip-license to be issued in NC.

Not as fast as you want to think.

Yeah, but it isn't 3 months either.

And write all the reports you want. If anyone has any issue with them, the state board will decide your competency or not, regardless to license status. Because it's only appraisers that decide their competency and of course all appraisers believe they are competent, until the state board decides they are not.

So in training a trainee, how many inspections and reports does it take for the trainee to go out by themselves and just have the supervising appraiser sign off "did not inspect"?

I don't know of anybody who proclaims they are incompetent and yet endeavors to undertake the very tasks they claim to be incompetent of completing, and voluntarily holds all liability for the outcome of their work. So in the real world, everybody believes they are competent to under take the tasks they undertake, until they screw it up.

Hmmm ... trained by incompetent supervising appraiser ... produces incompetent appraiser who does not know any better.