The ongoing farce of RICS "Professional" Valuers continues.
Dec 12, 2023 15:58:37 GMT
michaelc, mah, and 2 more like this
Post by ozboy on Dec 12, 2023 15:58:37 GMT
Except it's not a farce, it is very, VERY serious.
The latest shocker is the MoneyThing Residential Development in Liverpool.
As I have said time and again on here, when I was active in P2P I was able, as a Rank Amateur, to perform a 10 minute Valuation on a given property that was subsequently proven to regularly be plus or minus less than 20% accuracy!
These RICS "Professional" Valuers are not even a joke, they are something far, FAR more serious. And sinister.
Other than complaining to RICS themselves, who will only bat your Complaint away and protect Members at ALL costs, regardless of allegations, any ideas of actions that can obtain justice?
If the RICS "Professional" Valuations had been anywhere near MY calculations, Lenders would be nursing FAR significantly less Losses.
You don't Pay for a RICS "Professional" Valuation, you Buy one.
Geddit!
I thank you.
The latest shocker is the MoneyThing Residential Development in Liverpool.
As I have said time and again on here, when I was active in P2P I was able, as a Rank Amateur, to perform a 10 minute Valuation on a given property that was subsequently proven to regularly be plus or minus less than 20% accuracy!
These RICS "Professional" Valuers are not even a joke, they are something far, FAR more serious. And sinister.
Other than complaining to RICS themselves, who will only bat your Complaint away and protect Members at ALL costs, regardless of allegations, any ideas of actions that can obtain justice?
If the RICS "Professional" Valuations had been anywhere near MY calculations, Lenders would be nursing FAR significantly less Losses.
You don't Pay for a RICS "Professional" Valuation, you Buy one.
Geddit!
I thank you.
