ESTATE


Appraisers upset over new rules
2009/02/19, 8:19 pm
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Appraisers Upset Over New Rules

From Ft. Worth Texas, another article on the Home Valuation Code of Conduct:

Money quote:

Kenneth Jones, a Realtor as well as a 16-year veteran appraiser, said his options are limited if he wants to continue to work: join a pool.“What’s so funny is that bad appraisers have been joining pools for years because they can’t get enough business to make it as an independent appraiser,” Jones said. “But now they’ll be on the same playing field as the good appraisers.”

Management companies also typically charge appraisers to be included in pools and Jones said that cost will hurt many appraisers. …

…“I know some really good appraisers who have gotten out the business because of all of this,” Jones said. “The local impact, just like the national impact, could be huge. And I’m not sure if that will be in a good way or not.”

 

Another story about appraisers, where the big concern is the low fees at AMC’s.

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[…] Original post by mhanna43 […]

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[…] Original post by mhanna43 […]

Pingback by Appraisers upset over new rules · Real-Estate.ExplainedOnline.Net

[…] Original post by mhanna43 […]

Pingback by Appraisers upset over new rules · Invest-In-Real-Estate.ExplainedOnline.Net




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