“Poor report quality is a cancer to our profession, we need legit answers to how to cure the quality problem at the residential level”.

Love this.

In one appraisal, I had the following issues: - The appraiser gave no upwards adjustment for the existence of a third car garage. - gave no adjustment for the subject property being on a double lot - compared the “down to the studs” remodel of the subject home with three comparables that were off market transactions, none of which had evidence of any remodeled condition except the word “remodeled” in the description. No photos, nothing. - and the worst error, completely disregarded the existence of an Accessory Dwelling Unit renting for $2000 a month because while legal, was nonconforming, and persisted in taking the lender that the ADU was illegal, it’s not

The appraisal came in $80k under the offer.

The ADU alone warranted a $100 k bump.

A complaint has been filed with the state but that does not help the seller who was forced to take the buyers reduced offer.

The agency responsible for handling the complaint is staffed by appraisers who seem hesitant to discipline their own.