In many cases it’s the insurance companies driving that machine and will force their clients to settle, right or wrong, to minimize the payout pain.

Who needs hard proof and data when you have woke proof based on the race of the plaintiff? (sarcasm)

You just discussed what I see as the BIG problem looming. That is, where “race” is an issue, even though it’s not supposed to be, appraisers will be “expected” to not use actually comparable properties as comparables within the actual competing market, but will be brow beaten into using “comparables” outside the actual competing market which are not comparable in adjustable factors. What’s FNMA gonna say about that? Well, we already know, don’t we? They will side with “woke” with one hand and pound us to dust with the other.

Not necessarily.

CO repeated alert on fraudulent land sellers. Things scammers do. Anything sound familiar? In person communication not allowed. Remote not local companies are required to be used. Refusing to accept the services of local licensed professionals. Digital only patterns of engagement. Personal visitation of the property not allowed. Anonymous requests not specifically signed.

Suggested anti fraud actions from DORA the Division of Regulatory Agencies; Meet the people in person, and view photos of them. Insist on in person inspections. Take the time to verify data with associated organizations like HOA’s. Ask personal questions. Take the time to talk with neighbors.

Houston, we have a problem.

The Article heading is Escaping the Black Hole: Appraisers Fleeing Mortgage Lending.

In keeping with that thought and premise is what I was responding to.

The Reality is the entire Real Estate Industry Sales and Appraisal Sectors are being attacked by AI, lawsuits and attorneys.

Why???

Because Real Estate Brokers, Agents and Appraisers are just low hanging fruit with Errors and Omissions Insurance for Attorneys.

Brokers, Agents and Appraisers are connected to this Grand Scheme of Real Estate.

As for what reasons the Americans are easy targets or people in general I suggest Reading the Book “Please Understand-Me written by David Keisey Phd either Vol 1 or Volume II to see that there are 16 Different Personalities and 4 different temperments in the general public.

Most Lawyers know there are 16 different personalities and 4 temperments which just keeps them busy in litigation.

And what about the rest of the country and all the Americans being lined up like easy targets?

Or Just Change your business plan completely. 99 Percent of my work in Non Lender Appraisal Reports. My Original Plan Never included Management Companies that popped up over the last 15 years. Have been in the Appraisal Business before licensing and listing and selling Real Estate since 1980 to the present. Work your plan and Plan your work, or someone else has a plan for you. Currently i am renewing my Appraisal License in California for the last time.

Vintage Route 22 perhaps?

I was a biased appraiser for 20 years.. always partial to my own opinion of value.

Yes, I’d love to see the reports in question.

Ah, yes, this is music to their ears……

I dare to say when someone has a gun to your head you will pretty much say and do whatever you need to prevent them from pulling the trigger. That’s what bully’s do when they have the gold, they rule. I’m not supporting or defending anyone just bringing to light the reality of the situation.