Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Guidance Document Change: Providing guidance to real estate appraisers and AMCs on the use of hybrid appraisals
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6/18/19  7:48 am
Commenter: Ben S.

Hybrid Appraisals should not be relied on
 

It appears that hybrid evaluations are just one more step in the opposite direction of protecting the public trust.  Public trust is compromised when AMC’s blast appraisers with the turn-time and fee emails.  They don’t even enter our name in to the email, so the AMC’s cannot be putting too much thought in to who might be doing the appraisal.  Public trust is grossly compromised with hybrid products.   Hybrid products should not be used for large investments.  The protection of the public has to be the first priority.

CommentID: 72584