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But relying on other sources for the data needed to conduct a desktop appraisal, the listing agent, for example, could be risky. Listing agents have a clear motivation to provide information that might pad an appraisal. “If Some have also touted he cost benefits that desktop appraisals could bring.
When the draft of the bill was approved by the NYS Board of Real Estate Appraisal , Carol DiSanto who is the Vice Chair, walked it across the street to The New York State Association of REALTORS (NYSAR). This new law only applies to appraisals ordered through AMCs (which control an estimated 80% of U.S.
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