AQB Update On Proposed Changes To Appraiser Qualifications

[timd354]

How many does he have to meet? Since 1989 The AQB has been a family tree with the batons being passed year to year from one small circle
https://en.wikipedia.org/wiki/Appraisal_Standards_Board#Board_members

It is not surprising that the members of the AQB (along with the ASB) are often found among the relatively small circle of people who volunteer their time and expertise serving on the various boards and advisory councils at the Appraisal Foundation. What's stopping you from becoming involved and participating? The Appraisal Foundation is always look for subject matter experts and others to participate: https://www.appraisalfoundation.org/imis/TAF/About_Us/Get_Involved/TAF/GetInvolved_TAF.aspx?hkey=6d218197-e059-4a69-a7a0-542da0840eb6&iSession=-1'
Try participating in your profession and after a few years of making a positive and professional contribution to your profession, it is possible that you may gain the respect of enough people so that you can successfully apply to become a member of the AQB or ASB and actually become one of the decision makers who will shape the future of our profession....or you can just continue to sit back and continue to carp about the people who actually do serve on the AQB and ASB and complain about the decisions they make.

 

[Dale Floyd]

Personally, I don't believe anybody at the AQB are bad people. Lord knows what pressure they are probably getting from all sides these days.

I, for one, applaud the AQB for hitting the brakes at such a late time in the process. In the past, it seems more of a norm to just push through regardless of "feedback" at the last draft phase.

Now, in saying that - I honestly think the proposals on the table, probably weren't all in the best interest of our profession.

Perhaps we should become more involved in being heard. I know we have some of the most knowledgeable analytical business minds out here. Maybe we should discuss
the steps to improve things. We know that relatively few trainees are in the pipelines, regardless of whether we believe there is a present shortage or not.

 

[djd09]

They are just in dog and pony show mode now. The decision has already been made. And i will take all bets from whoever thinks they will not change. Except from PP, his credit is no good.

 

[timd354]

Perhaps we should become more involved in being heard. I know we have some of the most knowledgeable analytical business minds out here. Maybe we should discuss
the steps to improve things. We know that relatively few trainees are in the pipelines, regardless of whether we believe there is a present shortage or not.

Now there is an intelligent idea. I see from your signature line, that you are a designated member of NAIFA. NAIFA is a member of the the Appraisal Foundation Advisory Committee, thus that is one possible avenue of influence you may want to explore if you want your ideas to be heard.

 

[George Hatch]

The first step of the appraisal process is problem identification. I would argue that we have yet to identify a competency-related problem in our profession that having an academic education would mitigate.

The economic reasons for restricting entry into our profession amounts to nothing more than rent-seeking behavior; namely using the state to protect our own selfish interests. There's no virtue in that.

As far as I can tell, neither the AQB nor anyone else has any data that shows a link between post secondary education levels and increased competency in the SFR appraisal business. If these parties have that data they haven't shared it with the rest of us. In lieu of any evidence in support of that assertion I'm curious why so many people are so quick to assume it is a truth that is beyond reproach.

I think the presumption that SFR appraisers need a college degree to do their jobs is way closer to being an unchallenged theory than an unquestionable truth.

 

[George Hatch]

To expand on the above let me say this:

In God we trust; all others bring data.

Before the AQB calls the lack of an academic education a problem, how about we collect the data that would either prove or disprove that assertion? The ASC has access to the states, which in turn know which appraisers they've sanctioned for competency issues. The states also have the initial applications of those appraisers for their licenses that extoll the education levels they had when they were first issued those licenses. Once that info was collected by the states it wouldn't take an administrative clerk with a copy of Excel on their workstation more than a couple days to organize and tally those actions by education level. Then we'd be able to see who has been making the competency errors and what their academic education levels were like.


Whatever the trends in the data are we can act accordingly and over the objections of anyone who disagrees. But throwing "solutions" at a problem that has yet to be identified is like throwing parts at a car based on your feelings that your car needs work.

 

[Evincere]

As far as I can tell, neither the AQB nor anyone else has any data that shows a link between post secondary education levels and increased competency in the SFR appraisal business. If these parties have that data they haven't shared it with the rest of us. In lieu of any evidence in support of that assertion I'm curious why so many people are so quick to assume it is a truth that is beyond reproach.

I think the presumption that SFR appraisers need a college degree to do their jobs is way closer to being an unchallenged theory than an unquestionable truth.

Touche.

 

[Non Sequitur]

I think the presumption that SFR appraisers need a college degree to do their jobs is way closer to being an unchallenged theory than an unquestionable truth.

It was never about a need, it was about limiting competition. That's why so may appraisers backed the change and why so many still support it.

 

[Joe Flacco]

It is not about restricting entry or limiting competition. It is about the appraisal profession actually becoming a real profession and something other than a joke in the eyes of the public. It is pretty insane to me that any appraiser thinks we should roll back the college degree requirement.

 

[gregb]

It is not about restricting entry or limiting competition. It is about the appraisal profession actually becoming a real profession and something other than a joke in the eyes of the public. It is pretty insane to me that any appraiser thinks we should roll back the college degree requirement.

How else will the AMC's get appraisers to work for peanuts and subject themselves to endless stips unless the degree requirement is waived? Oh wait, there are already plenty of appraisers with degrees filling the role.