Talk to just about anyone in the real estate industry and they will have an opinion on these four letters: H-V-C-C.
It stands for the Home Valuation Code of Conduct, a set of rules which just kicked in this May.
The code is aimed at giving real estate appraisers more independence, and freeing them of inappropriate pressures to inflate property value.
On paper, some industry experts say, the HVCC is a great idea, but in practice it appears to be raising costs, delaying delivery of appraisals, and some say, killing potential deals.
Appraisal Institute's "Myths and Realities" paper: