I have not been a good blogger the last year. Many changes are occurring to the real estate market and the appraisal industry even as we speak. And frankly, it has been difficult to keep up. So I challenge those of us bloggers to write more about what going on in your part of the market about these constant changing market conditions, etc. Post your remarks here if you want.
Of course, the new HVCC (Home Valuation Code of Conduct) is out. This new change has completely turned the appraisal industry on its head. Basically appraisers are to have no more communications with the homeowner, realtor, etc. with regard to the appraisal being completed. All of the AMC'S (Appraisal Management Companys) are asking us to sign agreements stating we will not communicate with anyone except the contact to get access to the home. If we are contacted, we must not disclose any information about the appraisal, and more importantly disclose the "who, what, and when" to the AMC.
Most of our business is coming from the third party managers OR AMC'S now. Making me wonder what to do with all of the email addresses I have accumulated during the past 10 years. I have kept these for marketing purposes. Guess for now I will hang on to them and see what finally "pans out" in this new environment.
I will be posting the new HVCC on my site within the next week. Every time I get ready to do this, I get a revised copy. So with that being said, let me know what you think.
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