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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6/24/19  8:25 pm
Commenter: Jeffrey Kidwell

Hybrid Appraisals
 

As a real estate appraiser of 15 years and someone in the real estate industry for 40 years, I too can see a reason for concern regarding the use of hybrid appraisals. There is a reason that appraisers must be trained and licensed, and the use of someone other than an appraiser in the inspection of the subject property to aid in the determination of value adds allows for unnecessary risk to the consumer.

 

CommentID: 72684