We want to begin by thanking those who responded to our appraisal forms beautification contest. We had some really great submissions and we appreciate you all taking the time to give us your input. They were thoughtful and insightful.
We had so many good ideas we had a real problem picking just three winners. So we went a little overboard and selected five instead of three. All five graciously accepted the opportunity to attend Valuation Expo. They also will be attending the Collateral Risk Network where they will be able to join in on the conversation about improving appraisal forms.
And the winners are:
Joshua Walitt – CO
Larry Walsh – CA
Joe Harvard – CA
Mike Brunson – NV
Bud Reeg Jr. – CA
The ideas we received from appraisers ranged from design layout, to technology changes, to removal or combining of forms all together. Most of the suggestions centered on transparency and efficiency. Flipping back and forth for comps and sales on different pages was suggested a lot. Our respondents wanted a way to keep all those together.
Technology was another way appraisers wanted to improve the appraisal process. Integrating data was frequently mentioned. Many appraisers reported that they had become glorified typists. Pre-populating some information would make more time for the appraiser to focus on valuation analysis.
Another common theme was how the appraisal delivery process works. Appraisers want a standard system to submit their forms, which isn’t complicated. UAD has been a nightmare for many.
Ironically some of our respondents wanted more uniformity while others wanted more freedom to add items and change things. One submission pointed out the differences based on area of the country as a reason there couldn’t be too much uniformity.
I look forward to talking about all these ideas as well as others ideas at the upcoming CRN meeting in Las Vegas. We are excited to have these winners and many others join us as we discuss the important topics surrounding the appraisal industry.
I encourage all of our subscribers to join us at the Flamingo Hotel and Casino in Las Vegas June 18th-20th. See you at Valuation Expo!
Joan N. Trice is the founder and CEO of Clearbox, LLC, publisher of Appraisal Buzz, and host of the annual Valuation Expo, the largest conference for the valuation community. Joan also hosts the Collateral Risk Network, a members-only group of more than 300 dedicated chief appraisers, collateral risk managers, regulators, and valuation experts who are focused on resolving the many challenges facing our profession.
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