After reviewing the proposed Document. I would have to disagree with the previous 143 comments. It appears to me that the many appraisers opposed to the increased use of these new products are asking that that the state outlaw or ban a product that is not illegal to develop in the first place.
USPAP has no requirement that an actually inspect a property to begin with or what forms to use if any. It appears to me that if the GSE's have no issue with third party inspections and even appraisal waivers in many cases.
We are in the digital age. We have self driving cars, drones, robotics and artificial intelligence is developing at a rapid rate. If these devices were used at the command or direction of the appraiser would that be sufficient to overcome the objections? This is not far off in the future. Google is developing software that can calculate the square footage of a building totally from the outside.
If the residential appraisal industry wishes to continue as a profession it needs to develop as a team practice with the Certified Appraiser as director of the team. The CEO of Fannie Mae last year stated that "Appraisers should be at their desks" not sitting in traffic or out in the field with a tape measure. Most of what appraisers spend their time doing is a poor use of their time considering their years of training and expertise and knowledge.
We have had many a housing crisis before in our history and none were caused by Hybrid Appraisals. I don't understand the alarmism that appraisers working in conjunction with others will somehow cause the next housing crash and the end of the world as we know it.
We as a profession need to adapt and develop into the digital age or we will not survive.
I thank the Virginia Real Estate Appraiser Board for attempting to address these concerns and working to develop guidelines for the future world that is evolving.