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	Comments on: Who’s REALLY Completing Hybrids?	</title>
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	<description>Appraisal News and Tips for Real Estate Appraisers</description>
	<lastBuildDate>Wed, 24 Nov 2021 05:57:08 +0000</lastBuildDate>
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		<title>
		By: Jeff Luzier		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31472</link>

		<dc:creator><![CDATA[Jeff Luzier]]></dc:creator>
		<pubDate>Fri, 05 Feb 2021 23:02:35 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31472</guid>

					<description><![CDATA[I just did one of these for the first time. It was in my home county, and I had appraised it within the past 3 years, which was the primary reason I agreed to try it. Despite asking for (and getting) a fee three times the offer, I just barely made minimum wage on this order. Because I had to enter the information on the AMC website, it was very time consuming. In general, now that I have done it, my original inclination was correct: it is every bit as much work as a standard 1004 or 2055.  So in the future, the only way I will do it is by deducting a &quot;trip fee&quot; from my standard fee.  The only way to make money on these reports at the offered fee is to take less than two hours total, which is not nearly enough time to adequately perform an appraisal, even with geographic competency, in my opinion.  Thanks for the article.]]></description>
			<content:encoded><![CDATA[<p>I just did one of these for the first time. It was in my home county, and I had appraised it within the past 3 years, which was the primary reason I agreed to try it. Despite asking for (and getting) a fee three times the offer, I just barely made minimum wage on this order. Because I had to enter the information on the AMC website, it was very time consuming. In general, now that I have done it, my original inclination was correct: it is every bit as much work as a standard 1004 or 2055.  So in the future, the only way I will do it is by deducting a &#8220;trip fee&#8221; from my standard fee.  The only way to make money on these reports at the offered fee is to take less than two hours total, which is not nearly enough time to adequately perform an appraisal, even with geographic competency, in my opinion.  Thanks for the article.</p>
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		By: diana r kanitz		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31470</link>

		<dc:creator><![CDATA[diana r kanitz]]></dc:creator>
		<pubDate>Fri, 05 Feb 2021 18:43:45 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31470</guid>

					<description><![CDATA[we need to &quot;just say no&quot; to this nonsense, it is a 1004 in disguise and they want to pay you crap for the report.]]></description>
			<content:encoded><![CDATA[<p>we need to &#8220;just say no&#8221; to this nonsense, it is a 1004 in disguise and they want to pay you crap for the report.</p>
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		<title>
		By: Erik Kretz		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31467</link>

		<dc:creator><![CDATA[Erik Kretz]]></dc:creator>
		<pubDate>Fri, 05 Feb 2021 14:53:27 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31467</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31438&quot;&gt;Vince Simon on Facebook&lt;/a&gt;.

And all the Democrat appraisers.....fraud their work?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31438">Vince Simon on Facebook</a>.</p>
<p>And all the Democrat appraisers&#8230;..fraud their work?</p>
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		<title>
		By: Joseph Stachow Jr		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31465</link>

		<dc:creator><![CDATA[Joseph Stachow Jr]]></dc:creator>
		<pubDate>Fri, 05 Feb 2021 13:34:50 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31465</guid>

					<description><![CDATA[I personally will not do these and do not know of appraisers in my are that do.  If bifurcated appraisals are being done in my area it is by &quot;appraisers&quot; from outside the area who have no knowledge of our unique markets.  I cover 9 counties every week and am competent in all 9 because I specialize in unique, complex and rural properties, and belong to 6 MLS systems.  I hope NY State will step up and put in place it&#039;s own regulation concerning competency and bifurcated appraisals; wait around for 3 years when these properties go into foreclosure, another specialty of my business model.]]></description>
			<content:encoded><![CDATA[<p>I personally will not do these and do not know of appraisers in my are that do.  If bifurcated appraisals are being done in my area it is by &#8220;appraisers&#8221; from outside the area who have no knowledge of our unique markets.  I cover 9 counties every week and am competent in all 9 because I specialize in unique, complex and rural properties, and belong to 6 MLS systems.  I hope NY State will step up and put in place it&#8217;s own regulation concerning competency and bifurcated appraisals; wait around for 3 years when these properties go into foreclosure, another specialty of my business model.</p>
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		<title>
		By: BigAl		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31449</link>

		<dc:creator><![CDATA[BigAl]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 01:55:11 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31449</guid>

					<description><![CDATA[Hybrid and desktop work is for hacks who can&#039;t get any other work.]]></description>
			<content:encoded><![CDATA[<p>Hybrid and desktop work is for hacks who can&#8217;t get any other work.</p>
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		<title>
		By: Seneca		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31448</link>

		<dc:creator><![CDATA[Seneca]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 01:54:07 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31448</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439&quot;&gt;Seneca&lt;/a&gt;.

http://appraisersblogs.com/media-twisting-n-creating-a-false-picture-what-was-said-at-the-save-america-rally]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439">Seneca</a>.</p>
<p><a target="_blank" href="http://appraisersblogs.com/media-twisting-n-creating-a-false-picture-what-was-said-at-the-save-america-rally" rel="ugc">http://appraisersblogs.com/media-twisting-n-creating-a-false-picture-what-was-said-at-the-save-america-rally</a></p>
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		<title>
		By: Pat		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31447</link>

		<dc:creator><![CDATA[Pat]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 01:48:54 +0000</pubDate>
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					<description><![CDATA[Can y’all say bull shit?]]></description>
			<content:encoded><![CDATA[<p>Can y’all say bull shit?</p>
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		<title>
		By: Tom C		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31446</link>

		<dc:creator><![CDATA[Tom C]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 01:07:09 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31446</guid>

					<description><![CDATA[Pro Teck, Clear Capital, Xome, Classless Valuation, ValueNet are some of the amc clowns ordering these. If you work with these amcs, then the word ethics is not in your vocabulary.]]></description>
			<content:encoded><![CDATA[<p>Pro Teck, Clear Capital, Xome, Classless Valuation, ValueNet are some of the amc clowns ordering these. If you work with these amcs, then the word ethics is not in your vocabulary.</p>
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		<title>
		By: Baggins		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31445</link>

		<dc:creator><![CDATA[Baggins]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 01:05:11 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439&quot;&gt;Seneca&lt;/a&gt;.

Excellent.  You have satisfied the 2 minutes hate requirement, now kick back a victory gin.

Great article.  The use of virtual office addresses provides an interesting way to counter an appraisers less than competitive actual location, or to pretend they have a location where they actually do not.  The question of who&#039;s jurisdiction continues to surface.  EO insurers should better mitigate this, by not allowing hybrid appraisers to pool in under the same standard coverage umbrella.

Last CE rounds I focused on liability and regulatory compliance classes.  The use of boilerplate to explain methodology is a vulnerable point for many appraisers.  If an appraiser says he or she uses a specific method, they&#039;d better actually be doing that.  Some appraisers whom would have otherwise steered clear of regulatory scrutiny, failed to do so, simply because they did not abide their own report inclusions pertaining to adequately describing methodology used.  Said one thing, but did another.  This is a contentious point with hybrids, they spin off from the traditional peer standard.

The uncoupling of the appraiser having boots on the ground and eyes on property, is going to unravel whatever credibility is left to this industry.  The &#039;inspection services&#039; will be doled out to low level non licensed vendors whom may even be led to believe they are doing occupancy or insurance related inspections.  They&#039;ll probably advertise inspection positions on sites like this, or insurance industry equivalents.  On a side note, this is an interesting site to keep a finger on upcoming reo volume.  Lots of activity lately.
https://propertyvendors.com/]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439">Seneca</a>.</p>
<p>Excellent.  You have satisfied the 2 minutes hate requirement, now kick back a victory gin.</p>
<p>Great article.  The use of virtual office addresses provides an interesting way to counter an appraisers less than competitive actual location, or to pretend they have a location where they actually do not.  The question of who&#8217;s jurisdiction continues to surface.  EO insurers should better mitigate this, by not allowing hybrid appraisers to pool in under the same standard coverage umbrella.</p>
<p>Last CE rounds I focused on liability and regulatory compliance classes.  The use of boilerplate to explain methodology is a vulnerable point for many appraisers.  If an appraiser says he or she uses a specific method, they&#8217;d better actually be doing that.  Some appraisers whom would have otherwise steered clear of regulatory scrutiny, failed to do so, simply because they did not abide their own report inclusions pertaining to adequately describing methodology used.  Said one thing, but did another.  This is a contentious point with hybrids, they spin off from the traditional peer standard.</p>
<p>The uncoupling of the appraiser having boots on the ground and eyes on property, is going to unravel whatever credibility is left to this industry.  The &#8216;inspection services&#8217; will be doled out to low level non licensed vendors whom may even be led to believe they are doing occupancy or insurance related inspections.  They&#8217;ll probably advertise inspection positions on sites like this, or insurance industry equivalents.  On a side note, this is an interesting site to keep a finger on upcoming reo volume.  Lots of activity lately.<br />
<a target="_blank" href="https://propertyvendors.com/" rel="nofollow ugc">https://propertyvendors.com/</a></p>
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		<title>
		By: Jason		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31444</link>

		<dc:creator><![CDATA[Jason]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 00:56:46 +0000</pubDate>
		<guid isPermaLink="false">http://appraisersblogs.com/?p=24905#comment-31444</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439&quot;&gt;Seneca&lt;/a&gt;.

Why is the author delusional? Don&#039;t tell me you do hybrids. These are garbage products that have no business being done.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439">Seneca</a>.</p>
<p>Why is the author delusional? Don&#8217;t tell me you do hybrids. These are garbage products that have no business being done.</p>
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		<title>
		By: Jason		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31443</link>

		<dc:creator><![CDATA[Jason]]></dc:creator>
		<pubDate>Fri, 29 Jan 2021 00:55:05 +0000</pubDate>
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					<description><![CDATA[Doing bifurcated appraisals is like signing a blank check. I won&#039;t sign anything I haven&#039;t personally verified. I don&#039;t know any appraiser doing these.]]></description>
			<content:encoded><![CDATA[<p>Doing bifurcated appraisals is like signing a blank check. I won&#8217;t sign anything I haven&#8217;t personally verified. I don&#8217;t know any appraiser doing these.</p>
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		<title>
		By: Seneca		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31439</link>

		<dc:creator><![CDATA[Seneca]]></dc:creator>
		<pubDate>Thu, 28 Jan 2021 21:28:40 +0000</pubDate>
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					<description><![CDATA[Do not bother to read this article. Dave has shown that he is delusional and totally disconnected from reality.]]></description>
			<content:encoded><![CDATA[<p>Do not bother to read this article. Dave has shown that he is delusional and totally disconnected from reality.</p>
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		<title>
		By: Vince Simon on Facebook		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31438</link>

		<dc:creator><![CDATA[Vince Simon on Facebook]]></dc:creator>
		<pubDate>Thu, 28 Jan 2021 20:56:46 +0000</pubDate>
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					<description><![CDATA[All the republican appraisers....Lie on surveys....]]></description>
			<content:encoded><![CDATA[<p>All the republican appraisers&#8230;.Lie on surveys&#8230;.</p>
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		<title>
		By: E J Brown		</title>
		<link>https://appraisersblogs.com/who-is-really-completing-hybrid-appraisals-bifurcated-reports/#comment-31437</link>

		<dc:creator><![CDATA[E J Brown]]></dc:creator>
		<pubDate>Thu, 28 Jan 2021 19:15:12 +0000</pubDate>
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					<description><![CDATA[Just within the past hour I received one of these from Valuation connect for a property over 200 miles distant located in a town I&#039;ve never been in. They said they would send me the form to fill out if I was interested. Told them &quot;No Thanks&quot;]]></description>
			<content:encoded><![CDATA[<p>Just within the past hour I received one of these from Valuation connect for a property over 200 miles distant located in a town I&#8217;ve never been in. They said they would send me the form to fill out if I was interested. Told them &#8220;No Thanks&#8221;</p>
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