Fighting to Keep Your Reputation

Jonathan Miller shares a story in his blog about how important it is to maintain your reputation as an appraiser. Recently, a local NYC blog misquoted Miller and claimed he offered a property value to a reporter. Upset, Miller...
September 4, 2008

State Boards Claim Lack of Funding to Blame for Inadequate Enforcement

The Association of Appraiser Regulatory Officials has responded strongly to the recent AP article which skewered the appraisal regulatory scheme. AARO’s primary claim is that the state government gloms onto their money and prevents them from adequately doing their...
September 3, 2008

The Jed Clampett Effect

“Come and listen to my story ‘bout a man named Jed, poor mountaineer, barely kept his family fed.” I can’t get the theme song from “The Beverly Hillbillies” out of my head these days. What’s putting it there is...

Time for Grassroots Change?

As we all know, appraisers are still feeling the pressure to meet numbers for lenders. The industry is taking a beating in many national and local publications – several of which were previously highlighted in this blog. So, what...
August 27, 2008

Appraisers Still Feel Pressure

There is a great article by Kenneth Harney in the Washington Post discussing the continuing effects of appraisal pressure. Pinellas County Property Appraiser candidate Frank Gregoire offers his insight in the article: The obvious intent, according to Frank Gregoire,...
August 26, 2008

Appraisal Associations Lobby for Change

There is an article in the New York Times about the four major appraisal organizations calling on Congress in a letter to reform the appraisal regulatory structure. The letter was written in light of the recent AP article that...
August 21, 2008

Increase Your Business by Doing Appraisals for FHA

The credit crisis is hurting all aspects of the real estate industry – including appraisers. Conventional mortgages are requiring bigger down payments again and subprime mortgage products are nearly impossible to find. One way for appraisers to expand their...
August 20, 2008

Fannie/Freddie’s Stock Price and the Cuomo Agreement

Fannie and Freddie’s stock has fallen rather dramatically over the last month or so, and I am curious what impact this may have on the New York Attorney General Andrew Cuomo’s Home Valuation Code of Conduct. My gut tells...
August 19, 2008

Enough Blame To Go Around

This is the text of a blog I wrote last fall. Sadly, things have gotten even worse since then. However, I stand by my original assertions–there is enough blame to go around. The vast majority of REALTORS and Appraisers...

Just How Effective is the Appraisal Subcommittee?

The AP recently published a fascinating article on the appraisal regulatory structure. There are countless quotes in the article that we will likely discuss in the future. However, the portion that stood out most to me is the one...
August 18, 2008