California RE Appraiser and Broker
Known for long term RE predictions and advice through all Market Cycles.
The Preferred appraiser for Palm Springs and all the Desert Resort Cities of the Coachella Valley, California.
HVCC: The idea was commendable - the rsultant so called "Code" is a nighmare. HVCC needs to be reviewed and notably changed. Already major banks are bypassing the use of competent appraisers for multiple broker opinions of value, for which they are not paying a dime - but dangling the chance to represent some of the future short sale or foreclosure sales - and by doing so they are indicating to the broker/agents what value they expect and if the opinions are not within 10% the agent can be blacklisted from future opinions and thus listing jobs. This is criminal. And no where in the HVCC going to govern broker opinions or the misuse therof. If competent appraisers are put out of business - the next debacle will make this current terrible mess seem a molehill against a volcano. The public, the home owners and the competent appraisers who really do protect them, must all themselves be protected, not put out of business. I am proud of my work and cannot believe I'll have to change professions because of so shoddy an agreement. Also, a review of the AMC's on the internet might reveal not only will they be stealing 1/3 to 1/2 of the appraiser's fees just for referring them, but their relationships or ownerships may be questionably tied to the major banks.