Thursday, 18 August 2022 | The Latest Buzz for the Appraisal Industry

New Desktop Appraisal Policy with Freddie Mac

Today’s Buzzcast interview is with Scott Reuter, Chief Appraiser of Freddie Mac. We sat down with Scott and Joan Trice, Founder of Allterra Group, LLC to discuss the new Desktop appraisal policies and what that means for the industry.

What is new in policy when it comes to desktop appraisals? What does this mean for the appraisal industry? How do these policies impact the individual appraiser? These questions and much more will be answered between Scott and Joan as they dive into this subject.

Have any comments or would you like to submit content of your own? Email comments@appraisalbuzz.com.

Responses

  1. What am I missing here. Interior walls floor plan? How are you supposed to get that? A scavenger hunt that is time consuming and possibly not available in order to do a report for a lower fee? Many mls records do not have rear photos and certainly not street relative photos. Typical fees? Saw another videos with guys selling 3d modeling software which requires camera or phone on tripod and go room to room. Not desktop anymore then, right? None of this makes sense to me but am open to feedback from anyone who is doing these. For now, I dont see wide acceptance from appraisers but maybe something I dont know. Buried in conventional work at moment so dont see motivation to take this on, but always want to learn about new stuff.

  2. I have done quite a few of these. It has actually slowed the process down. I get the order then it sits for at least a week while I wait for a property inspection report. What happened to everyone wanting a quality report? Now we are doing valuations without viewing the property? I refuse to do a hybrid and most of the guys in my area are saying the same thing. I try to roll with new ideas but I’m not seeing any benefit here at all.

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