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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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6/25/19  5:04 pm
Commenter: Chris Stewart, MAI-Brantley Appraisal Company

Nearing the peak
 

We are in a segment of the real estate cycle (expansion stage drawing nearer to the peak) where greater emphasis should be placed on professionals doing professional work. Not an amalgamation of products and services pieced together. We find the lending side of the real estate market continually tries to streamline the process, which is fine; however, in an effort to make things faster, they are chipping away at the one profession that keeps the market honest: real estate appraisers. Appraisers are the only unbiased persons that make up a real estate transaction. Please consider not watering down this profession.

 

Sincerely,

Chris Stewart

CommentID: 72715