http://www.realestateappraisertips.info/ – Appraisal Summit 2010 Panel Video: Global Thought Leader Panel discusses Frank-Dodd Bill…Gets Heated At Times!
Congratulations and Many Thanks is in order to Bryan Reynolds with Reynolds Appraisal Service in Kentucky for speaking for and defending home appraisers against AMCs (Appraisal Management Companies) during this “Panel” discussion, which was really more like a debate. As a Home Appraiser and Professional, we are sick of the AMCs trying to cram lower and lower fees and 3 to 5 day turn-times down our throat….and counting Saturdays and Sundays as business days within that 5 days. If an appraisal is ordered on a Thursday, the AMC expects delivery by Monday, which is insane. Oh well, forget spending that Saturday fishing with your kids! I do hope Real Estate Agents on Active Rain will watch this video and begin to understand the new world of home appraising.
Click On The Panel Image To Watch This Video!
“Global DMS broadcasted this live panel event from the exhibit hall floor during the welcome reception at the Appraisal Summit and Expo on September 22. The panel aired live over the internet which allowed for interaction from both the people who attended the Appraisal Summit and Expo in Las Vegas, as well as people who watched the panel live on the internet.
This panel featured a lender, an Appraisal Management Company (AMC), and an appraiser, which offered a unique point of view from various industry participants as it relates to the Frank-Dodd Bill and appraisal independence.
Panel participants, seated from left to right below:
Tony Pistilli, US Bank, Minneapolis (lender)
Matthew McHale, Global DMS (moderator)
Brian Coester, Coester Appraisal Group (AMC)
Bryan Reynolds, Reynolds Appraisal Service (appraiser)
Our next panel will take place October 25th from 7:30 – 8:30 PM EST at the MBA’s 97th Annual Convention & Expo in Atlanta. More details will be posted shortly at http://live.globaldms.com”