valuation Expo

[David Sawyer]

This is a statement with no basis. You have no earthly idea about any given appraiser being harmed by not attending. Generalizations are becoming common place in business these days ... but there are no facts supporting the claims of many .... I would expect nothing less.

I will be staying home ... and NO I wont be harmed.

I think my point of only 67+/- appraisers went right over Joan's head. I guess it is too much for her ego. It a shame she can not comprehend.

 

[miktay]

"Staying home harms yourself"

Staying home harms yourself.

Now I'm DEFINITELY staying home.

 

[NC Appraising]

Appraisers should attend functions. There are many that are taking place around the country. Many high-ups in the government to lenders, etc.


When they see a low turn out what do they think? Like many.... herding cats, cannot agree on anything, loners, must not care to much about there profession.....but who does show up to speak with the high-ups....AMCs!!



We do not attend appraisal functions, we do not belong to any appraisal orgs, but we come on here and bixxx and complain....while others are making our choices for us.


:icon_question:

 

[NorthTexValuation]

Appraisers should attend functions. There are many that are taking place around the country. Many high-ups in the government to lenders, etc. When they see a low turn out what do they think? Like many.... herding cats, cannot agree on anything, loners, must not care to much about there profession.....but who does show up to speak with the high-ups....AMCs!! We do not attend appraisal functions, we do not belong to any appraisal orgs, but we come on here and bixxx and complain....while others are making our choices for us.:icon_question:

Very well said and I completely agree with all your points.

As far as this function goes I am sure there are at least one or two worthwhile seminars to attend if nothing else.

I would listen to the Metro West presentation for comedic relief.

 

[J Grant]

It is a dilema, as it looks odd if appraisers don't go, but on the other hand if they do go, they are lending support to most of the paying booth holders, some of the worst AMC's and AMC satellite fee mill shops. For some reason, regulators a few of them anyway are attending this odd event, which is NOT an apprasial function, it is an AMC function with CE credits tacked on to attract appraisers. THe AI is the lone appraiser participant...do they speak out for C and R? What do they talk about there? Are they embarssed to have the head of Metro West still holding an SRA designation?

If appraisers perhaps went prepared and handed out sheets on how long it really took to do an appraisal and how lack of C and R and emergence of mill shops such as MEtro West is impacting quality, if appraisers gave a presentation on this and handed out information to regulators, it might help. Just to mill around the booths and pick up CE credits...it has not helped the appraisal profession in all these years, has it? Have not things gotten steadily worse, despite appraisers attending?

Perhaps appraisers writing to the regulators going to this event, and stating the reasosn why they (appraisers) are not attending might be of some benefit...only 67 appraisers going says A LOT about this event ...would doctors, lawyers, accountants, home builders, would any professional attend an event dedicated to cutting into their livliehood? Why would a professional attend an event dedicated to cutting fees and taking away clients ond control of their product? Why pay to support people whose mission it is to wipe out your profit...let them fund their own booths and talk across an empty rented space to each other.

 

[Pittsburgh Pete]

THe AI is the lone appraiser participant...1) do they speak out for C and R? 2) What do they talk about there? 3) Are they embarssed to have the head of Metro West still holding an SRA designation?

1) Have done so repeatedly before Congress and anyone else that will listen. Pay attention.

2) Who are "they" and what would you like "them" to talk about?

3) His business is his business--you don't like the business model but what professional organization monitors and regulates its members business practice? Probably no more embarrassed than you are about your inability to spell.

 

[J Grant]

Hey Pete, you had a grammar error above...how embarrassing.

I am aware that the AI has spoken before congress and I admire that, and have said so on this forum. But the AI support of a small but influential number of designates who run appraisal depts that go against their own stated standards is troubling.

I spell check all my reports by the way ...my lack of a spell check program on an internet bulletin board is not harming the appraisal profession, but the group of designates who run large scale operations with fees far below the C and R and who deny work to the most experienced and qualified, including other designates, that does impact the profession on a large sacle.

If AMC's paid C and R and chose by experience, people would not have an issue with them. A few AMC's do. Some of these are run by SRA's , and they should be rewarded with erspect for adhering to standards.

The majority of AMC's don't pay C and R and don't choose by experience, and these are also run by SRA's. These poorly run AMC's make up 90% of the market, so their influence is huge.

Their polices are adversely impacting the ability to compete and make a living for the most experienced appraisers out there, including other designates,...that is why it is the concern of other appraisers.

 

[Pittsburgh Pete]

Hey Pete, you had a grammar error above...how embarrassing.

I am aware that the AI has spoken before congress and I admire that, and have said so on this forum. But the AI support of a small but influential number of designates who run appraisal depts that go against their own stated standards is troubling.

I spell check all my reports by the way ...my lack of a spell check program on an internet bulletin board is not harming the appraisal profession, but the group of designates who run large scale operations with fees far below the C and R and who deny work to the most experienced and qualified, including other designates, that does impact the profession on a large sacle.

If AMC's paid C and R and chose by experience, people would not have an issue with them. A few AMC's do. Some of these are run by SRA's , and they should be rewarded with erspect for adhering to standards.

The majority of AMC's don't pay C and R and don't choose by experience, and these are also run by SRA's. These poorly run AMC's make up 90% of the market, so their influence is huge.

Their polices are adversely impacting the ability to compete and make a living for the most experienced appraisers out there, including other designates,...that is why it is the concern of other appraisers.

And how does that work? How does the AI support these people? Your understanding of the role of a professional organization is incredibly simplistic.

Forget spellcheck--try proofreading. It works for most people.

Let's crucify the exec's at Walmart while we're at it. They harm mom and pop stores, selling products for less than their competition can afford. It's called free enterprise. Sometimes it's ugly but it's what we got!

 

[J Grant]

And how does that work? How does the AI support these people?

1) By renewing the SRA designation of members whose running of departments on a large scale goes against the AI stated principles and harms the apprasial profession.

2) By attending an event and lending support to an event , organized and attended by AMC interests with policies in direct contrast to the policies that the AI itsefl spoke to congress about.

That would be like the AMA taking a stand against doctors who operate Pill Mills, aka pain clinics that perscribe Oxycontin to patients without examining them, and then the AMA pays for a booth and attends a convention of Pill Mill pain clinics run by rogue Doctors, and says nothing about them and acts like all is well.

Your understanding of the role of a professional organization is incredibly simplistic.

So is yours... a professional organization is made up of members, and its activities are supposed to reflect the values of the members.

Let's crucify the exec's at Walmart while we're at it. They harm mom and pop stores, selling products for less than their competition can afford. It's called free enterprise. Sometimes it's ugly but it's what we got!

Comparing Walmart and appraising is inane, but since you did...

1) Many communities have banded together to protest Walmart and persuade local officials not to build in their communities, and they have successfully blocked many WalMart stores from being built across the country. So people standing together can prevail.

Walmart is free enterprise, and consumers can choose to shop or not shop there. Though Walmart has driven out some Mom and Pop stores, there are still plenty of boutique shops, niche shops, and high end or just more pleasant middle class stores where consumers choose to go, and these smaller or niche stores flourish in competition wtih Walmart, because they offer merchandise and a shopping experience Walmart does not provide.

There is no, or little free enterprise in res appraising when it comes to lender work, because borrowers are not free to shop appraisers, and lenders are not even free to shop appraisers...the AMC's are set up as gate keepers and roadblocks, with the lenders having no idea who their appraisers are, and thus unable to choose among them. The AMC's have elected, for the most part, to choose cheapest and fastest appraisers, so there is no "free enterprise", those appraisers who wish to compete on quality and experience ( many of whom also work quickly and for reasonable fees), these appraisers are completely shut out, whereas with Walmart, smaller or speciality shops do have unblocked access to consumers , and thus are able to compete.

 

[Pittsburgh Pete]

AMCs are not illegal. One can choose to work for them or not. One can quote their own terms to the AMC and they can agree or not.

It is what it is? The market for appraisal services has morphed into its current state. Don't like it--do something else or get a different clientele. Does it suck? Yes. Will it change? Probably not.

Lenders have chosen their current route and it works for them--or at least they think it does. Lenders can opt to change their ways as long as the applicable firewalls are in place. They choose not to.

Rant away but you aren't changing anything, although I suggest you look into taking a course in logic and rhetoric. They appear to be your shortcomings.