Appraisers Blog

FEBRUARY 10, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 60

Comps Appraisal Marketability 60

Appraisers Blog

APRIL 13, 2024

An appraisal is an opinion (among other things) of … Scope of Work The contract The neighborhood The site, including H & BU The improvements (condition, deficiencies, adverse conditions and conformity) The selection and adjustment of comparable sales The analysis of prior subject and comp sales Market Value indicated by the Sales Comparison (..)

Appraisal 77

Appraisal Comps Marketability 77

Appraisers Blog

JANUARY 5, 2024

Because we refuse to sign off on their inflated figures which don’t comp in the market. It’s a miracle with some of these lackluster methods that agents even come close to market value figures. Bpo’s are a totally inadequate substitute for a real appraisal, even a desktop.

Appraisal 71

Appraisal Comps Marketability 71

Appraisers Blog

AUGUST 4, 2023

Definitely not an appraiser or real estate expert. No one has seen the second appraisal. I saw the most important parts of the first appraisal and ran comps. The first appraisal looks like market value to me. In reply to hammering hank. No one can make that statement. ” 2

Appraisal 70

Appraisal Comps Marketability 70

Appraisers Blog

MAY 4, 2023

The comps/market and analysis speaks for itself. Is the analysis sound, are the comps conditionally and locationally adequate and relevant to the subject. Who’s concerned about ethnicity or race and how can one appraise a property on that basis? It’s not the appraisers who request that photos of people, ethnic art, etc.

Comps 80

Comps Appraisal Marketability 80

Appraisers Blog

JUNE 12, 2023

The market flows and ebbs on many basis’s: Financial wherein the lender need to secure monies in R.E., Can’t the appraiser recognize that using two-year-old sales comp’s have meaning and be part of the value conclusion? In reply to Baggins. You get it! Did it close in 45 days or in ten months?

Appraisal 73

Appraisal Comps Marketability 73

Appraisers Blog

JUNE 2, 2023

Initially they had to sift out the unethical appraisers from the ethical ones, in a climate where ethical appraisers dominated the field. Appraisers whom were identified as not being pliable were hassled out with insane volumes of stipulations, revision requests, fee and turn time inquiries, to the point engagement was untenable.

Appraisal 90

Appraisal Comps Marketability 90

Appraisers Blog

APRIL 18, 2024

This is going to be the market for sometime, of which I do agree with you. Do work that other appraiser’s are not willing to do because they want to cherry pick work that are located in a single county that they live in and don’t have to drive more then 20 minutes for the subject and comps.

Appraisal 78

Appraisal Comps Marketability 78

Appraisers Blog

APRIL 18, 2022

…a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal… Appraisers, I was chatting with an appraiser buddy last week about the ANSI measuring dilemma we all face when doing Conventional lending reports, which ultimately will wind up with Fannie Mae.

Comps 83

Comps Appraisal Marketability 83

Appraisers Blog

JULY 19, 2024

A few years ago I put out a poll to appraisers that work in my area and similar areas asking 3 questions with the possible answer of always/sometimes/never Q1 – do you pull the as built and OSS data prior to your site observation of the property? I work in an area where onsite sewage systems (OSSs) are common.

Appraisal 81

Appraisal Comps Marketability 81

Appraisers Blog

FEBRUARY 4, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

FEBRUARY 3, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

JANUARY 31, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

JANUARY 31, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

FEBRUARY 2, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

JANUARY 31, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Marketability Appraisal 63

Appraisers Blog

FEBRUARY 2, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 62

Comps Marketability Appraisal 62

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 62

Comps Marketability Appraisal 62

Appraisers Blog

FEBRUARY 3, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 63

Comps Appraisal Marketability 63

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 62

Comps Marketability Appraisal 62

Appraisers Blog

FEBRUARY 11, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 60

Comps Marketability Appraisal 60

Appraisers Blog

FEBRUARY 6, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 60

Comps Marketability Appraisal 60

Appraisers Blog

FEBRUARY 6, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 60

Comps Marketability Appraisal 60

Appraisers Blog

AUGUST 8, 2023

In reply to an appraiser. On the same day, oh, now the appraiser is just a number hitter and playing ball for the lender. Appropriate to land at or near the sale price if competent comps selection and fair transparent adjustments can lead to that end point of independent conclusion. Really quite simple though.

Comps 94

Comps Appraisal Marketability 94

Appraisers Blog

JUNE 15, 2023

There is an appraiser around me whom always uses 9-12 comps and then just scoots the ones which have narrower net/gross adjustments to the front, yet leaves the others in there, despite them having insane high net/gross adjusts and adjusted sales values which are at times a quarter or more difference. They’re like anti comps.

Comps 71

Comps Appraisal Marketability 71

Appraisers Blog

FEBRUARY 6, 2025

Just got an email from a lender asking me to search for comps and report results prior to any appraisal being ordered. I thought THEY were supposed to stop doing that. I’m just getting over a bad case of the flu. Maybe I’m hallucinating. Never mind.

Comps 60

Comps Marketability Appraisal 60

Appraisers Blog

JUNE 18, 2024

Or we could go back to mortgage bankers and appraisers having direct communication and meaningful professional relationships, better two way accountability. They could ask for a comp search before ordering the appraisal, so the borrower would know ahead of time a reasonable value range of their property’s market value.

Comps 69

Comps Appraisal Technology Marketability 69

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 55

Comps Marketability Appraisal 55

Appraisers Blog

JUNE 26, 2023

Appraisal is in the end, a rather simplistic math problem. Those generic appraisals are easy reads, they just ignore all those real world differences and fall back on extracted data to apply adjustments. But for an average suburbia home, appraisal is not as complicated as people think. That’s how I approach it anyways.

Comps 91

Comps Appraisal Marketability 91

Appraisers Blog

JUNE 27, 2023

Possible avenues of liability; listing agent, buyers agent, home inspector, real estate appraiser. There is also a specific appraisal issues forum meant for general public on another popular website The Appraisers Forum. link] NC appraisal board, how to file a complaint. One sale example does not set the market.

Appraisal 69

Appraisal Comps Marketability 69

Appraisers Blog

OCTOBER 23, 2023

‘You know what the problem with appraisers is? They get really peeved when I call them on the appraisal gap clause. The appraisal gap cash promise clause is not just a tool to win the contractual pole position, but rather the expression of a buyers willingness to drive the entire market benchmarks upward.

Appraisal 70

Appraisal Comps Marketability 70

Appraisers Blog

OCTOBER 20, 2023

I’m a Certified General Appraiser that started appraising in 1984, almost 40 years ago! Spent the majority of my career appraising both residential and commercial properties in a major metropolitan market. Like most of you, I really enjoyed appraising and was proud of my profession.

Comps 64

Comps Appraisal Marketability Banking 64

Appraisers Blog

FEBRUARY 1, 2025

They have created the phenomenon known as data cancer which reduces an appraisal to a rubber stamp that contaminates the comps used for future

Comps 52

Comps Marketability Appraisal 52

Appraisers Blog

JUNE 14, 2023

Whatever happened to match pairing or market reaction? Every line item adjustment (no matter what it is) should be in terms of differences in VALUE recognized by the market you are appraising in NOT COST! MR. APPRAISER YOU ARE NOT THAT GOOD; YOU ARE NOT BETTER THAN THE MARKET! Dave, I could not agree with you more.

Comps 70

Comps Appraisal Marketability 70

Appraisers Blog

JUNE 15, 2023

My reports are very inclusive and long – to the chagrin of the opponents typically lazy appraiser. Good luck with the demented “current world order” Just finished some self storage work and included 25 rent comps in the report based on a survey I conducted. This is in addition to the inclusive appraisal report.

Comps 70

Comps Appraisal Banking Marketability 70