Real Estate by Debbie Reynolds

The Business is Driving Good Appraisers Away

Another Appraiser Plans Early Exit

Appraisers are leaving the businessThere are several long time appraisers in my area that are highly respected and do a good job for all the parties concerned. The system has changed and their pay has been cut and the hassle and paperwork has more than doubled. Some appraisers say they can't make a living anymore.

I was speaking with one of my favorite appraisers that called to gain access to one of my listings. I knew that the appraisal would be done correctly and that she knew the area and the comps. She had been a Broker/Realtor for years and decided to focus solely on her appraisal business several years ago. Now she feels the business isn't for her any longer. 

She spoke about how hard it was to get any report completely finished because the lenders/underwriters feel like they had to challenge her opinions of value and choice of comps rather than relying on her experience and credentials and knowledge of the market. She said that most appraisals take reworking just to please the lender's underwriting.  One underwriter told her to change her comps and told her which comps she wanted her to use. To me that was interference to the highest level and should be prohibited and reported. My appraisal friend stuck to her guns and refused to change her appraisal by adding she had done the job and expected to be paid.

All of the changes and the reduction in pay as a result of ordering through third party companies (they now get a piece of the pie) have made her decide to hang it up. It just isn't the same business it used to be, she told me.


She plans to start her own business of selling a high-end skin care line of products and asked if I would like to give them a try. I sure hate to see her and other quality appraisers leave the business. Will the quality suffer? Why has it come to this?


When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

        "The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

931-920-6730 or 931-320-6730 

Clarksville TN Homes

Berkshire Hathaway HomeServices-PenFed Realty

2503 Wilma Rudolph Blvd., Clarksville, TN 37040 


     ©2015 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC.

           Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol
                                                               are registered service marks of HomeServices of America, Inc.®
Realtor LogoEqual Housing Equal Housing Opportunity.


Google Plus       Follow me on YouTube       


Comment balloon 14 commentsDebbie Reynolds • May 26 2016 07:54PM
The Business is Driving Good Appraisers Away
Another Appraiser Plans Early Exit There are several long time appraisers in my area that are highly respected and do a good job for all the parties concerned. The system has changed and their pay has been cut and the hassle and paperwork has more… more
Stones Manor Neighborhood Pool is Open for the Season
Stones Manor Clarksville TN, 37043 Fun Things for Summer Homeowners love Stones Manor in the summertime. With Memorial Day Weekend ahead and the unofficial launch of the summer season there is much to do in this luxury neighborhood and enjoying the… more
Throwback Thursdays - The Day President Reagan Was Shot
Throwback Thursdays - President Reagan Shot in D. C. It's been 35 years since President Reagan was leaving the Washington Hilton Hotel on March 30, 1981 and John Hinckley shot him and 3 others. President Reagan was rushed to the hospital and… more
Area Pools Open May 28 in Clarksville TN
Parks and Rec Pools Open May 28, 2015 in Clarksville TN The school year is ending and pools are opening. The public pools have been a tradition in Clarksville and offer refreshing summer fun and exercise across Clarksville. This year there are also… more
Clarksville TN Schools Out This Week
Schools Are Out Soon and Graduation Are This Week The school year for 2015-2016 is just about over and graduations are days away. School will be out on May 26 in the Clarksville Montgomery County School System All graduations for the Clarksville… more
Farmington Subdivision, Clarksville Market Report- May 2016
What's Your Farmington Home Worth in Clarksville TN? Farmington in Clarksville is showing a rise in sales since the first of the year and buyers are finding some fine new and resale homes in this subdivision. Prices are beginning to rise and prices… more
Reasons to Love Living in Clarksville TN
Clarksville TN is the Fifth Largest City in Tennessee Clarksville's proximity to Nashville makes it a sleeper bedroom community with housing prices well below the Greater Nashville Area's median home prices. Located about 40 miles northwest of… more
Homes for Sale with Pools in Clarksville TN
Swimming Pool Season is He re in Clarksville TN Weather this spring season has been unpredictable but this week we are seeing some really warm temperatures and that means it's time for Clarksville's swimming pool season. The Clarksville TN area… more
Clarksville Downtown Market Opens for 2016 Season
Clarksville Downtown Market Opening May 21st Tomorrow May 21 the Clarksville Downtown Market opens for the season. There are a few things different about this season that you need to know. It will be closed on July 4th weekend and also during… more
Throwback Thursdays - Times Have Changed
Throwback Thursdays - Times Have Changed About 35 years ago I visited the home of the the President of the United States, The White House. There was security at that time but not nearly what it is today. It was so much easier to get in to see the… more