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Seminar Addresses Common Complaints Against Appraisers Through Case Studies

McKissock

Disciplinary complaints are a hot topic these days with appraisers. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common. We sat down with Mel to learn more about this timely seminar: .

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Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

A: The standard model for taking on a trainee is on-the-job training, developing individuals by letting them learn by doing. Supervisory appraisers should enhance the trainee’s experience with off-the-job training, through conferences, courses, and so on—and this is where education providers get involved.

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

Due to the shortage of review appraisers (exacerbated by low fees and time pressures), tens of thousands of poorly created appraisals were accepted without receiving adequate review. Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders.