Comments on: Backseat Driving https://appraisersblogs.com/appraisal/backseat-driving/ Appraisal News and Tips for Real Estate Appraisers Sun, 28 Jul 2024 05:08:45 +0000 hourly 1 https://wordpress.org/?v=7.0 By: TomAl https://appraisersblogs.com/appraisal/backseat-driving/#comment-6594 Tue, 19 Jun 2012 20:48:16 +0000 http://appraisersblogs.com/?p=2917#comment-6594 In reply to RE Appraiser.

RE Appraiser, are you talking about Self-Contained Appraisal Reports which contains an extensive level of detail and significant amount of data (usually more costly) OR Summary Appraisal Reports? Why do you think appraisers need to explain everything and every little thing to the client??? Does your mechanic explain why he didn’t use a specific brand of oil or brake pads etc.? Do you ask him to make you a list of all possible products he could have used but didn’t and why? This is ludicrous!

]]> By: RE Appraiser https://appraisersblogs.com/appraisal/backseat-driving/#comment-6592 Tue, 19 Jun 2012 15:28:35 +0000 http://appraisersblogs.com/?p=2917#comment-6592 In reply to Philip Gray via Facebook.

Would you ask the doctor “Why” you are giving me the medicine and what good will it do me? Or do you just assume that whatever your doctor says is always correct…. I am a real estate appraiser, but I am sorry to say that there are many appraiser’s that do not understand the concepts of value and if they can’t explain why they did what they did, then they might need to find a new job in this environment.

]]> By: Philip Gray via Facebook https://appraisersblogs.com/appraisal/backseat-driving/#comment-6591 Tue, 19 Jun 2012 14:36:02 +0000 http://appraisersblogs.com/?p=2917#comment-6591 Me – “Doctor I have a sore throat.” Doctor – “Here’s some medicine to fix you right up.” Me – “Doctor explain all of the medicine you COULD have given me but didn’t. List their names, both trade name and generic name, and why you chose not to use them.” Sheesh, I’m glad I don’t work for that nameless lender.

]]> By: RE Appraiser https://appraisersblogs.com/appraisal/backseat-driving/#comment-6589 Tue, 19 Jun 2012 08:13:46 +0000 http://appraisersblogs.com/?p=2917#comment-6589 It looks like this lender is not asking anything about standard 1, as they are not telling you which route to take, they just want you to describe which route was taken and WHY it was taken. That is a standard 2 issue in reporting what you did to arrive at the comparables used. It should not cause any change to your scope to simply tell the client how you got to the end result. If most appraisers would have been detailing the “why” in their reports for the past 10 years instead of saying “because I’m the appraiser”, then maybe the client wouldn’t be looking over our shoulders so much now.

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