scope creep - Appraisers Blogs https://appraisersblogs.com/tag/scope-creep/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 04:01:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 scope creep - Appraisers Blogs https://appraisersblogs.com/tag/scope-creep/ 32 32 52046035 Scope Creep & the Imploding of Rules https://appraisersblogs.com/scope-creep-n-the-imploding-of-rules-have-little-2-do-with-appraising https://appraisersblogs.com/scope-creep-n-the-imploding-of-rules-have-little-2-do-with-appraising#comments Wed, 13 Apr 2022 12:30:16 +0000 https://appraisersblogs.com/?p=26655 …the imploding rules then implemented, and the scope creep that evolved because the cart was leading the horse, has severely lessened the reliability of ALL appraisals in my opinion. ANSI, while certainly worthy of discussion and taking a position on, will not solve the real “appraisal problem” that we all have. It really isn’t an effective tool anyway, but what the heck do I know. Being one of those AG certified from the very beginning, too early to get trained by anyone above me, since 1992, and licensed in real estate since 1971, and a broker since 1991, in a...

Related Posts:

The post Scope Creep & the Imploding of Rules appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/scope-creep-n-the-imploding-of-rules-have-little-2-do-with-appraising/feed/ 24 26655 Appraisal Waivers and Hybrid Appraisals https://appraisersblogs.com/appraisal-waivers-n-hybrid-appraisals-false-narrative https://appraisersblogs.com/appraisal-waivers-n-hybrid-appraisals-false-narrative#comments Fri, 04 Oct 2019 12:30:30 +0000 https://appraisersblogs.com/?p=22849 The fallacy of those who endorse Hybrid appraisals is their assumption that the appraiser’s field work is less valuable, less important, than their analytical work behind a computer. They feel the task of inspecting the property and driving comps is best farmed out to someone else with less training. The real truth is that the field work is critical! There is no way an appraiser can credibly analyze a property through the eyes of another… The Need for Speed: In a previous post entitled The Need for Speed, I explained that lenders and Appraisal Management Companies are on a mission to shorten the...

Related Posts:

The post Appraisal Waivers and Hybrid Appraisals appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisal-waivers-n-hybrid-appraisals-false-narrative/feed/ 23 22849 Let’s Get Back To Real Appraising! https://appraisersblogs.com/lets-get-back-2-real-appraising https://appraisersblogs.com/lets-get-back-2-real-appraising#comments Mon, 28 Aug 2017 12:30:44 +0000 https://appraisersblogs.com/?p=15221 Let’s Get Back to Real Appraising: We have all encountered the glass is half full / half empty perspective. This perspective could be applied to everything life throws at us. The appraisal industry is no different. We are hearing a lot of doom and gloom over Fannie Mae’s Property Inspection Waivers (PIW) and Freddie Mac’s Automated Collateral Evaluation Program (ACE). On the surface the glass appears half empty. Well, the glass is definitely half full; maybe even 3/4 full. We can now get back to real appraising……. No more UAD, No more 1004mc, No more scope creep, No more false...

Related Posts:

  • Fannie Mae Waiving Appraisals Property Inspection Waiver, getting back to the old days of fogging a mirror... Appraisers, Effective 12/10/16, FNMA will have a…
  • The First AMC for Agents Zillow, The First "Agent Management Company" (AMC) for the Real Estate Agent Brokers and Agents, welcome to the appraisal world.…
  • Purpose of the Appraisal Report We have lost track of the purpose of the appraisal process This is an open letter to anyone who may…

The post Let’s Get Back To Real Appraising! appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/lets-get-back-2-real-appraising/feed/ 23 15221 This Reminds Me of Low Echelon…. https://appraisersblogs.com/low-echelon-amcs-appraiser-servants https://appraisersblogs.com/low-echelon-amcs-appraiser-servants#comments Thu, 17 Aug 2017 12:30:36 +0000 https://appraisersblogs.com/?p=15182 Appraisers who won’t or can’t “just say NO” to low echelon AMCs The comic strip below reminds me of… Low echelon lenders who think a copy of an appraiser’s license must be included in appraisal reports. They apparently never have actually read an entire report to find that info is already included Low echelon lenders who think a copy of our E&O binder page must be included in appraisal reports Low echelon AMCs who are agents for the low echelon lenders above and just accept that nonsense, passing the demand on to appraisers Low echelon AMCs who fail to inform their...

Related Posts:

The post This Reminds Me of Low Echelon…. appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/low-echelon-amcs-appraiser-servants/feed/ 9 15182 Appraiser’s Response to Metro-West https://appraisersblogs.com/appraiser-response-2-metro-west-blast https://appraisersblogs.com/appraiser-response-2-metro-west-blast#comments Wed, 09 Aug 2017 12:30:23 +0000 https://appraisersblogs.com/?p=15091 Metro-West Appraisal, thank you for your bulk email solicitation… I will consider accepting work from you on the following basis: My minimum fee for non complex FNMA guideline compliant SFRs is $550 (net). There are no exceptions. Any upload fees or other forms of service charges  or ‘convenience’ fees will be added to that fee. I do not accept or authorize discounting of the fee for any reason. The premium or surcharge for property with a transaction amount or other characteristic that requires completion by a certified appraiser, is a minimum of $250. However the final bid will depend on...

Related Posts:

The post Appraiser’s Response to Metro-West appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraiser-response-2-metro-west-blast/feed/ 48 15091 Smoke Detectors & Appraiser Responsibilities https://appraisersblogs.com/smoke-detectors-appraiser-liability https://appraisersblogs.com/smoke-detectors-appraiser-liability#comments Wed, 21 Jun 2017 12:30:46 +0000 https://appraisersblogs.com/?p=14500 Smoke / CO detectors are not “market-measurable” Dear Mr. Lunsford, We have been asked to write to you by an appraiser that just received your most recent communication concerning your new requirements for fee panel appraisers to inspect, photograph and opine as to operability of Carbon Monoxide (CO) and smoke detectors. The American Guild of Appraisers through its affiliated union sponsors represents our own appraiser members as well as the real estate appraisal interests of our combined fraternal families more than thirteen million union members, retirees and their families. We believe this to be an issue of concern for our...

Related Posts:

  • Scope Creep!!! Seems like everyone hates AMC's and scope creep. Scope Creep!! I ordered a sub at a sub shop. I love tomatoes!…
  • Appraiser's Response to LRES Order Blast LRES Standard Interior Appraisal Request? Your special requirements and micromanagement of the appraisal process dictate that I charge a fee…
  • Go Away, Appraisers... “Do they just want us to go away?” Appraisers Feeling Like Travis... Does anyone remember the Pepsi commercial awhile back…

The post Smoke Detectors & Appraiser Responsibilities appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/smoke-detectors-appraiser-liability/feed/ 17 14500 Sorry, HousingWire, You’re Wrong https://appraisersblogs.com/appraisers-blasted-HousingWire-fake-news https://appraisersblogs.com/appraisers-blasted-HousingWire-fake-news#comments Tue, 20 Jun 2017 12:30:17 +0000 https://appraisersblogs.com/?p=14489 Appraisers Blasted HousingWire… Last Week HousingWire published an article about the appraiser shortage. The author did not source appraisers for factual information and relied on the propaganda being fed by Appraisal Management Companies (AMCs). “At the current pace, appraisals can kill deals and even give cash buyers an added advantage, according to Urban Institute’s report. Some argue, there are not enough appraisers to meet the rising homebuyer demand as they struggle to fill out long or even redundant forms. Appraisers themselves often comment on HousingWire message boards and say there is no shortage; Quality appraisers are just unwilling to make,...

Related Posts:

The post Sorry, HousingWire, You’re Wrong appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisers-blasted-HousingWire-fake-news/feed/ 7 14489 My Day as an Appraiser https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/ https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/#comments Wed, 29 Mar 2017 12:30:40 +0000 https://appraisersblogs.com/?p=14038 Big Corporations like CoreLogic are like sharks… This morning, as I do every morning, I made some coffee and began work on one of the two appraisal reports that were soon to be due. The first was for an AMC known as Speedy Title and Appraisal Review Services. This appraisal management company is owned by CoreLogic. From their website “CoreLogic is an Irvine, CA based corporation providing financial, property and consumer information, analytics and business intelligence. The company analyzes information assets and data to provide clients with analytics and customized data services. The company also develops proprietary research, and tracks...

Related Posts:

The post My Day as an Appraiser appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/feed/ 118 14038 Why Not the Appraiser? Guess Who’s Watching! https://appraisersblogs.com/social-media-spies-appraisers https://appraisersblogs.com/social-media-spies-appraisers#comments Wed, 31 Aug 2016 12:30:46 +0000 https://appraisersblogs.com/?p=12449 No Time to Spare & Social Media Spies! Business has been crazy! We are hearing from appraisers how swamped they are; 2-3 week backlogs, working late and report writing at 4:30 AM. We are also hearing how tired and stressed they are. AMC and lender demands, updates, scope creep, and revision requests, are all taking a toll. An appraiser posted on Facebook she “broke down in tears” last Friday because she did not know how it was all going to get done. Life is too short to allow this… Take control of your time and your schedule. Spend some time...

Related Posts:

The post Why Not the Appraiser? Guess Who’s Watching! appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/social-media-spies-appraisers/feed/ 18 12449 Housing Notes: AMCs Running Out of Appraisers https://appraisersblogs.com/housing-notes-amc-rumors-coester-lawsuit https://appraisersblogs.com/housing-notes-amc-rumors-coester-lawsuit#comments Mon, 29 Aug 2016 12:30:31 +0000 https://appraisersblogs.com/?p=12426 Housing Notes on Appraiser Shortage, Coester AMC Lawsuit… In a recent article, Jonathan Miller, author of Housing Notes, points out several key factors in the appraisal world today. Pat Turner, President of VaCAP, reached out to Jonathan about sharing his information. Here is what Jonathan had to say… “This is a great moment to expand insights on what is really happening. AMCs have run out of appraisers to work for half the market rate. And those that might take less of our fee are still costing us another 30% of lost productivity with ever expanding scope creep. Brexit has pushed...

Related Posts:

The post Housing Notes: AMCs Running Out of Appraisers appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/housing-notes-amc-rumors-coester-lawsuit/feed/ 37 12426 An Appraisal Profession Tsunami is Coming https://appraisersblogs.com/appraisal-profession-tsunami-coming https://appraisersblogs.com/appraisal-profession-tsunami-coming#comments Thu, 10 Mar 2016 13:30:22 +0000 https://appraisersblogs.com/?p=11301 TSUNAMI! Before the Internet and YouTube, most of us read about or saw a few pictures of Tsunami’s in books. Reading about a tsunami though, will never be the same as actually being in a tsunami, or seeing a video of a tsunami. A YouTube video of the Japanese tsunami of 2011 truly captures what a tsunami is, and how destructive it can be. If you have never seen that video, take a look at it below. People die in tsunamis. Tsunami death pictures can be found all over the internet. But who were those people and why did they...

Related Posts:

The post An Appraisal Profession Tsunami is Coming appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisal-profession-tsunami-coming/feed/ 16 11301 Your Appraisal Business in 3 Years? https://appraisersblogs.com/appraisal-business-in-three-years https://appraisersblogs.com/appraisal-business-in-three-years#comments Wed, 03 Feb 2016 13:30:45 +0000 https://appraisersblogs.com/?p=10241 What Does Your Appraisal Business Look Like in Three Years? If I were to ask you to paint an accurate picture of what your appraisal business looks like three years from today, could you do it? If you can’t answer this question, perhaps you are getting hung up on the word “accurate”. Any individual can guess what the future might look like, but can you make that prediction with some sentiment of reality? In an exercise such as this, it is easy to get paralyzed by so many unknowns that are outside of our control. What will the markets do?...

Related Posts:

The post Your Appraisal Business in 3 Years? appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisal-business-in-three-years/feed/ 34 10241 Free Enterprise an Appraisal Myth? https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/ https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/#comments Wed, 30 Sep 2015 12:30:40 +0000 https://appraisersblogs.com/?p=9098 Is THAT free enterprise? I’m surprised anyone in the business today sees any minimum pricing proposal as being anti-free enterprise. Contrary to popular belief we have not had free enterprise in the GSE appraisal process since HVCC first reared its ugly head. AMCs ‘telling’ us to pick a number from $250 to $350, or that ‘THEY pay’ $325 per 1004 is NOT free enterprise. I’m an old timer (1986) that was brought up on what used to be AIREA (now the AI) & SREA (now gone) positions that free enterprise and the Sherman Anti-Trust Act prohibited us from ‘even discussing’...

Related Posts:

The post Free Enterprise an Appraisal Myth? appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisal/free-enterprise-an-appraisal-myth/feed/ 40 9098 Scope Creep!!! https://appraisersblogs.com/appraisal/scope-creep/ https://appraisersblogs.com/appraisal/scope-creep/#comments Wed, 13 May 2015 12:30:56 +0000 https://appraisersblogs.com/?p=7611 Seems like everyone hates AMC’s and scope creep. Scope Creep!! I ordered a sub at a sub shop. I love tomatoes! So I asked for extra tomatoes. I was charged. I took my car in for inspection. I told the mechanic since my car was up in the air and the tires were off to rotate the tires. I was charged. BUT, the tires were off. The cook’s hand was in the tomatoes. WHAT’s up? I was asked for two listings. I wanted to charge. I did a restricted report on an office building (sales comp approach only). The client called and wanted a cap rate, then an expense ratio. They refused...

Related Posts:

The post Scope Creep!!! appeared on Appraisers Blogs.

]]> https://appraisersblogs.com/appraisal/scope-creep/feed/ 4 7611