Qualified analysts wanted! Yea right/Rant

By
Real Estate Appraiser with Real Estate Valuation Group

I just got off the phone with a newish client because he wants me to change the market trends in my appraisal from declining property values to stable or increasing.  His case for this as far as I can tell is this:  Realtors tell me the greater Portland Oregon area has not seen any declines in value and that the UW has not even ever seen an appraisal with the box marked declineing.  That makes sense right.  If this is the case lets discount that (I) the appraiser have analyzed the market with statistical data and included it in a 2 page addendum (not a boiler plate) explaining the current market conditions.  Lets discount that ok.  So then he comes back and tried to point out flaw in my analysis.  Just for fun, I let him give me the parameters for a search to compile statistics and analyze them. Guess what still declining and at a higher rate than I estimated.  I finished the conversation with I refuse to keep running numbers to squew the stats in your favor, faxing my market conditions worksheet, recent Oregon Appraisal Certification and Liscensure board news letter about market conditions, a stupid zillow profile, and a local title company graphs all expressing a decline in values.  Damn thoes realtors and UW's everyone is wrong but you.  I know he will just go get an appraisal from someone that will mark stable market and I will be chasing this fee or lack of fee I like to say these days for months.   Basically, Im sure I wont see anymore work from this gentlemen (for lack of a better word) and why.  Because I take pride in my work, go the extra mile and actually do an appraisal.  So I ask, is there any use for an appraiser that is an analyst in my area?  JK  Adam

Comments (5)

The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Jun 04, 2008 09:20 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lot s of fun.  Looks like you're off to a great start...keep it up!

Jun 04, 2008 10:50 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hello,

I would like to welcome you to Active Rain!

I hope to see more of your blogs in the future!

Educate us, learn from others and don't forget to have a little fun while you're at it!

Take care!

Jun 04, 2008 01:03 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Adam,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Jun 04, 2008 02:36 PM
Sarah Eubanks
Hill Valley Financial Services - Oregon City, OR
Preferred Oregon Loan Consultant & Notary Public

Adam ~  Welcome to AR.  Thanks for the cocntact.  I will look forward to meeting with you soon.

Kind Regards,
Sarah Eubanks

Jun 12, 2008 02:51 AM