NAR - Appraisal Institute

[Rudy Canoza]

When AI left NAR they immediately missed the 800-pound
gorilla, especially when it came to legislation. When virtually
all your decisions were wrong for the last 15 years, hey,
why not get married again, it couldn't hurt, do it for the
children.

But, wait a minute...doesn't it mean that AI lobbying shifts from the legislators to the NAR executive office? And wouldn't there be the potential for bias? In other words, what is necessarily good for an appraiser isn't necessarily good for a Realtor.

 

[Ken B]

My best guess as to the answer to your question: "bye-bye" RAA and GAA designations and those so designated could enter as candidate (Associate) members.

Again, just my best guess. There's no way that SRAs would stand for RAAs to enter as SRAs...and you can bet that no GAA would automatically attain the MAI.

I cannot imagine a scenario wherein NAR designated appraisers would be awarded AI designations without meeting the same requirements as anyone else seeking an AI designation.

 

[Ken B]

But, wait a minute...doesn't it mean that AI lobbying shifts from the legislators to the NAR executive office? And wouldn't there be the potential for bias? In other words, what is necessarily good for an appraiser isn't necessarily good for a Realtor.

And vice versa...as an AI member and 15+ year Realtor member, the ONLY thing being a Realtor did for me, as an appraiser, was permit access to the local MLS service and authorize me to carry a lockbox keypad.

 

[Francois K. Gregoire]

Interesting responses and comments.

For reference, there are about 1000 NAR Appraisal Designees, the total for RAA and GAA. Although I hold the RAA Designation, it's clear to me it does not compare with the SRA. The NAR group did not expect the AI to award a reciprocal designation for the NAR Designation and did not seek that as part of any agreement to re-affiliate. Designations were discussed, and will be part of the plan, if agreed to.

The Appraisal Institute would affiliate with the NAR as an NAR Affiliate. It would continue to be a separate entity, as are all other NAR Affiliates (CCIM, RLI, SIOR, etc.). It would maintain their own staff, officers and governance structure, not be absorbed by NAR.

As to the value of REALTOR membership, two things come to mind:

• It's amazing how many members are unaware of and fail to take advantage of all NAR has available.
• The services and benefits and services I use every year far outweigh what I pay in dues.

Failure to utilize the association on your part does not make the association a failure.

 

[Randolph Kinney]

Interesting responses and comments.

For reference, there are about 1000 NAR Appraisal Designees, the total for RAA and GAA. Although I hold the RAA Designation, it's clear to me it does not compare with the SRA. The NAR group did not expect the AI to award a reciprocal designation for the NAR Designation and did not seek that as part of any agreement to re-affiliate. Designations were discussed, and will be part of the plan, if agreed to.

The Appraisal Institute would affiliate with the NAR as an NAR Affiliate. It would continue to be a separate entity, as are all other NAR Affiliates (CCIM, RLI, SIOR, etc.). It would maintain their own staff, officers and governance structure, not be absorbed by NAR.

As to the value of REALTOR membership, two things come to mind:

• It's amazing how many members are unaware of and fail to take advantage of all NAR has available.
• The services and benefits and services I use every year far outweigh what I pay in dues.

Failure to utilize the association on your part does not make the association a failure.

I have to wonder why now? To me, it shows weakness on both party's interest. Paying dues is not a benefit. Looking at NAR's campaign to boost housing sales with "Now is a good time to buy" is not something I want to be affiliated with.

It is doubtful that any designation has any value for enhancing business for an appraiser who deals 100% in mortgage lending appraisals.

I see value in the AI books and education from a personal perspective. It does not matter to lenders or Realtors. All they look for is a license and they don't care what the source of education was. They look for appraisers that can put money into their pockets, not professionalism or competence.

 

[Lost Cause]

The best thing the AI ever did was to get away from NAR. Should this go through, I will have to drop my membership in the AI. I will not allow any of my hard-earned money to go towards lobbying for the NAR.

What a tremendous mistake this would be. Especially after going through the trouble of getting free of the NAR.

The Appraisal Institute would affiliate with the NAR as an NAR Affiliate. It would continue to be a separate entity, as are all other NAR Affiliates (CCIM, RLI, SIOR, etc.). It would maintain their own staff, officers and governance structure, not be absorbed by NAR.

It wouldn't be absorbed by NAR, but plenty of its cash would be. It's not going to be any of my cash.
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[Don Clark]

I agree with Frank, this is a positive step and will help increase the lobby power of appraisers.
However, I have it on good authority that no reunification will occur until the FNC stuff goes away. The same is true for the merger of the other appraisal groups.
There should only be one designation.

George and Frank, I agree. An increase in representation would be worth considering this if nothing else. There is power in numbers.

 

[TC]

Since I no longer belong to either organization, What's in it for me? :new_smile-l:

 

[Terrel L. Shields]

AI needs NAR .. NAR doesnt need AI. ...It is NOT good for appraisers.

Agreed.

An increase in representation would be worth considering this

if they are representing the appraisers interest and just not NAR or AI interests. Most times such "interests" turn out to have a hidden agenda.

I thought the reason that they divided in the first place was a conflict of interests issue... That is, Realtors - Appraisers - Bankers - borrowers were supposed to be mutally firewalled against the other...all were to be separate. Obviously, this hasn't worked.

What's in it for me?

Lobbying by Realtors frequently conflicts with appraisers issues. Further, it invites Realtors to express a perference for AI appraisers to the client. It's exclusionary implications are in it for you.

Since AI is allied with ASFMRA...doesn't that draw them into the circle too? One nice cozy little happy family.

 

[Workbox]

I say start fresh. All they have done is sell us out.