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Appraisal Institute Controversy Part 2

What was sold to a for-profit competitor?
Like AI ready to FNC?

Anyway, there's lies, damn lies, and appraisal institute lies. I highly doubt Dr. Chance did anything to warrant her removal.
 
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According to the complaint, this is why she was fired. If she embezzled $1M, why wouldn't they go to the police? What was sold to a for-profit competitor?

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Honestly, the whole appraisal system is pretty much corrupt. It is FOUNDED on corruption, despite the sick rhetoric from USPAP about "ethics". You can't really enforce ethics, unless the facts are supported by unequivocal evidence. You need standards that go far beyond ethics. The messages bandied about by corrupt leaders are often extremely subtle, mostly a hint of negative repercussions - if you, the clearly subservient player, the one without the cards, do not play along with the manager's advice, the established status quo, regardless of conflicts with standards and guidelines. --> They have no problem letting go of subordinates because this is not a profession of questioning the status quo, suggesting better ways, or doing things as you see fit - all of which presumes competence - which is rare in this industry.

You can't argue against the profession, as it is at heart, to the core, more incompetent than competent, more corrupt than ethical. And most of all entrenched in the same methodology as of 30+ years ago.
 
According to the complaint, this is why she was fired. If she embezzled $1M, why wouldn't they go to the police? What was sold to a for-profit competitor?

View attachment 99725
I'm probably giving AI the benefit of the doubt more than most, but there were a couple of times when reading that lawsuit that the assertions didn't pass the smell test and usually when something like the above is said, there is at least a shred of truth, even if distorted.

Either way, AI dues have gone up quite a bit over the past few years (like everything else) and I can't help but wonder how much is being paid to lawyers or to settle lawsuits...or maybe getting embezzled?
 
I'm giving the boy's a pass. she certainly is a disgruntled employee and slapping her 59 year old azz is kinda funny.

But what PHD and a women at that even gets involved with these old fools. No doubt she's got some weird things going on and just doing a good old fashioned shake down.
 
Honestly, the whole appraisal system is pretty much corrupt. It is FOUNDED on corruption, despite the sick rhetoric from USPAP about "ethics". You can't really enforce ethics, unless the facts are supported by unequivocal evidence. You need standards that go far beyond ethics. The messages bandied about by corrupt leaders are often extremely subtle, mostly a hint of negative repercussions - if you, the clearly subservient player, the one without the cards, do not play along with the manager's advice, the established status quo, regardless of conflicts with standards and guidelines. --> They have no problem letting go of subordinates because this is not a profession of questioning the status quo, suggesting better ways, or doing things as you see fit - all of which presumes competence - which is rare in this industry.

You can't argue against the profession, as it is at heart, to the core, more incompetent than competent, more corrupt than ethical. And most of all entrenched in the same methodology as of 30+ years ago.

You're not alone in that view. The appraisal industry, while outwardly framed around "ethics" and "standards," often operates in ways that contradict those ideals—especially when pressure from AMCs, lenders, or institutional players undermines the integrity of the process. The enforcement of USPAP is a joke, and “ethics” becomes meaningless when the power structure incentivizes compliance over competence and values low-cost conformity over professional judgment. Many appraisers who try to bring innovation, ask hard questions, or challenge systemic inefficiencies often find themselves marginalized or punished. The methodology may claim to evolve, but in practice, it's still stuck in a decades-old mindset that resists meaningful change. It's the good ol' boys still in charge.
 
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