Why I Use MLS Photos

[NorthTexValuation]

here comes the owner with his smart phone and he started taking pics of me and my license plate, so I started taking pics of him...We were taking photos of one another for about a minute. He was screaming "private property" I was screaming "public street".

That's funny, but probably not a good idea if you were in rural Texas. Instead of seeing a smart phone being pointed at you it would more likely be a shotgun. And if you got the courtesy of just the guy screaming private property and you smarted off like that, you would likely have a flat tire or two.

 

[NC Appraising]

And? I know a staff appraiser for RELS that uses them. Are you going to turn her in too?

Funny. I know a staff appraiser at Wells and he has never driven by his comps and always uses MLS photos. Do you have a copy of his report so I can turn him in?

Sure. Send me the report.

1004 form
SCOPE OF WORK:

The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the​

reporting requirements of this appraisal report form, including the following definition of market value, statement of​

assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual​

inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the

comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources,​

and (5) report his or her analysis, opinions, and conclusions in this appraisal report.​

Let the state handle them. If they actualy drove by each property, they should have no problem producing the actual photo for proof.​

ETHICS ARE ETHICS.​

I'm tired of the churn and burn appraisers that are cutting corners. If they want to work for $200 fine, DO YOUR FREAKING JOB!!!! Drive-by your comps!!!!!!!!!​

The owner said he paid $500 for the appraisal from RELS.​

Freaking idiot appraisers. m2:​

 

[NC Appraising]

That's funny, but probably not a good idea if you were in rural Texas. Instead of seeing a smart phone being pointed at you it would more likely be a shotgun. And if you got the courtesy of just the guy screaming private property and you smarted off like that, you would likely have a flat tire or two.

Yeah, I do not play that in rural areas of the county.


This home was located in a PUD.

Trust me, my piece was right beside me, cocked and loaded.

 

[JRS at OBX]

Delta85's answer to the poll question:

"I forgot my camera and neither the Realtor or homeowner would supply a camera in case I forgot mine like I warned them to. I am not going back to my office for the camera without being paid for the added time and an additional trip fee." :icon_rolleyes:

I think somebody has a crush on Delta. :Emoticon_hug:

 

[Pilgrum]

You forgot to include "I am too damn lazy to drive the comps" as a choice.

Seriously? I have used MLS photos as an additional photo when the current photo did not represent the comparable's condition at the time of sale.

 

[Smokey Bear]

I never said my friend didn't drive the comps and view them, I said she uses MLS photos.

(3) inspect each of the

comparable sales from at least the street,

I've been using DataMaster, which can import MLS photos faster than I can copy/paste my photos. And you would turn me in because you make the unsupported ASSumption that if you use an MLS photo, it's because you didn't take your own? I hope your appraisals are better supported than your assumptions here.

If they actually drove by each property, they should have no problem producing the actual photo for proof.

Na uh. You don't get to pull a 'Chase Bank' on appraisers. Either change the rule and REQUIRE the appraiser to supply their own photos, or leave them alone until you have real evidence that they didn't drive the comps. Innocent until proven guilty. If that's all the evidence you have, then you're just on a vendetta to put your 'competetitors' out of business because you don't understand supply and demand. Not every appraiser who works for low fees is a bad appraiser. I know plenty that still take pride in their work. And many who don't post here anymore because you'd rather have them homeless and starving instead of working for what they can get.

 

[jimmyfrank]

I know that Ohio expects the appraiser to view the comparable for every assignment that they use it on. So if I take a picture today and want to use the same house as a comp in 2 weeks, they expect me to go back and view it again.

What a waste!

 

[Lobo Fan]

The only time I will do it is there is something wrong with the 10-20 comps I pulled and ran. Sometimes I will get to the subject and it is bigger/smaller, or nicer, or has a pool or some other feature that did not come out when setting the appointment. I went back last Saturday and took some comp photos for some comps I added after realizing I chose the wrong comps the first time.

I know several appraisers that use all MLS photos all the time.

 

[NorthTexValuation]

I never said my friend didn't drive the comps and view them, I said she uses MLS photos. I've been using DataMaster, which can import MLS photos faster than I can copy/paste my photos. And you would turn me in because you make the unsupported ASSumption that if you use an MLS photo, it's because you didn't take your own? I hope your appraisals are better supported than your assumptions here.

Na uh. You don't get to pull a 'Chase Bank' on appraisers. Either change the rule and REQUIRE the appraiser to supply their own photos, or leave them alone until you have real evidence that they didn't drive the comps. Innocent until proven guilty. If that's all the evidence you have, then you're just on a vendetta to put your 'competetitors' out of business because you don't understand supply and demand.

You can split hairs all you want, but there is exactly one way to prove an appraiser actually drove the comps, and that is with an original photo. And when someone gets called before the state board for this sort of thing, the appraiser better have more than his word as back up.

 

[NC Appraising]

I never said my friend didn't drive the comps and view them, I said she uses MLS photos. I've been using DataMaster, which can import MLS photos faster than I can copy/paste my photos. And you would turn me in because you make the unsupported ASSumption that if you use an MLS photo, it's because you didn't take your own? I hope your appraisals are better supported than your assumptions here.

ME
That is a cop out. My gosh. If your drove by them use your own photos. N

They should state that they used MLS photos in their reports m2:
Now if FHA
Some of my clients do not allow me to use MLS phots. (only if in a gated project).



Na uh. You don't get to pull a 'Chase Bank' on appraisers. Either change the rule and REQUIRE the appraiser to supply their own photos, or leave them alone until you have real evidence that they didn't drive the comps. Innocent until proven guilty. If that's all the evidence you have, then you're just on a vendetta to put your 'competitors' out of business because you don't understand supply and demand. Not every appraiser who works for low fees is a bad appraiser. I know plenty that still take pride in their work. And many who don't post here anymore because you'd rather have them homeless and starving instead of working for what they can get.

What?????????????????

It has nothing to do with trying to put my competitors out of biz. Please. It's called you are getting paid to do your job per specific scope of work..... SO DO YOUR FREAKING JOB!!!


Using the "I swear I drove by the comps" is slimy at best.

Proof? What. It is up to the appraiser to produce the PROOF PER THE SCOPE OF WORK. So when the state asked to see how derived your adjustments, I guess you are going to use that same lame excuse? Or are you going to say "prove it"?

As for the fees, re-read my post. I do not give a rats arese what they are working for as long as they are playing by the rules and producing quality reports!!!!

This is why I'm starting to see on every AMC order and non-AMC order (almost) that states "you are not allowed to use MLS photos...the original photo must be used near or as of the effective date of the appraisal".

TO MANY SKIPPIES AND CHURN AND BURN APPRAISERS USING THE GOOD OLE LINE "I DROVE PAST THEM....I SWEAR" WINK, WINK. FANNIE IS MAKING THE LENDERS BUY BACK THE LOANS ON ANY THING THEY DIG UP.