Yep!!!

Certainly MISMO anticipated packaging for global investors. Not sure how RESO would fit in if at all. ALL real estate is local. Regardless of who the buyers are. It must compete first locally.

If out of country, UNINTENDED users plan to rely on an American appraisal then they should understand it is prepared in accordance with OUR laws. Not some Indian Circle Rate or similarly irrelevant CCP or Middle Eastern metric.

TAF has engaged in many just plain dumb pursuits over the years, but the pretense that meaningful IVS can be credibly developed is plain hubris. It may also be somewhat racist. Applying metrics of value to cultures that simply do not measure the market value the same way we do (such as the Circle Rates cited above). Doing so in nations where ‘gifts’ are still commonly required to produce desired end results won’t produce a market value. Not at least one as we understand it.

Kidding. Expandable comment options are nice. Very sensible in fact. That’s about it though.

One minor correction. It isn’t going to become ‘necessary’ for me to gather sufficient SALIENT data concerning a subject in order to complete a USPAP compliant real estate appraisal. I have been doing it for decades now. It MAY become a consideration for a much higher fee …IF I choose to become a FNMA/MISMO data aggregator in addition to being a general certified real estate appraiser.

I have not made a decision on that yet. FNMA is such a small part of my daily business, I’m not convinced they are worth the effort. Increasingly, they seem to think their CU system is a viable review product that appraisers should respond to just as if it were an intelligent, relevant & competently originated review request.

It’s not.

Enter RESO. We are on the global stage now and the intention of RESO real estates standards organization is to consolidate all American real estate data terminology into a globally acceptable format. The RESO dictionary is now god, and all previous references and laymen understanding of real estate terminology are deemed antiquated. Won’t be long now before your regular American family will have to compete with the entire world of investors to attempt and purchase a property. The local bureaucracies and complexities in navigating local property data, relayed a thousand different ways in a thousand different municipalities has so far protected American property interests from an entire planet of carpetbaggers. That is about to change.

Mobile devices are trash, future ewaste. Put the environment first instead, say no to green tech and say no to mobile devices for the sake of our planet and the people whom live on it. There are literally a million articles and hundreds of millions of people concerned about this, desperately pleading for less electronic device use, not more. Promoting more mobile devices is the height of environmental irresponsibility.

https://www.earthtouchnews.com/conservation/human-impact/agbogbloshie-welcome-to-the-worlds-digital-dumping-ground-part-1/
https://www.dailymail.co.uk/home/moslive/article-1350811/In-China-true-cost-Britains-clean-green-wind-power-experiment-Pollution-disastrous-scale.html
https://blogs.ei.columbia.edu/2018/08/27/growing-e-waste-problem/
https://envibrary.com/electronic-pollution/

I’m sure we will get a big raise for all the new data we collect…

The fallacy that more information equals a better valuation.

More work for those virtual assistants in the Philippines yea coach.

Seek the truth.