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McKissock dumps PAREA

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George Hatch said:
The actual "Appraisal Sponsors" group consists of the various appraisal orgs. I don't think that's who you're referring to in the above. I think you're going for the for profit (Industry Advisory Council) and non-profit/govt (TAFAC) groups.

I'm curious if anyone other than a couple of the militants here actually think a $3500 application fee to join the IAC is enough "pay" to purchase enough "play" from a TAF that has annual revenues in excess of $3M. If there are 35 members of the IAC then the application fee is enough to buy a 1/35th vote. That is, it would be if the IAC actually had a vote on anything TAF does.

As for Chopra's comments (for the camera) his arguments are framed solely in terms of DEI and have zero to do with improving or promulgating appraisal standards or appraiser qualifications. He most likely has put zero thought into how a more diverse ASB could alter appraisal standards or what changes a more diverse AQB would make to appraiser qualifications criteria. And why would he? It's not as if he knows anything about what he's talking about.

If it mattered to the federal govt enough they could appropriate federal funding to issue grants to POCs trainees on the racially discriminatory basis to buy their experience off of PAREA. The feds don't need any cooperation from TAF or anyone else to do that.
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Militants instead of morons, is that an improvement? I'll get my visqueen vapor barriers out, I'll be fine. I wonder who your comments are framed for? It certainly doesn't seem to be other appraisers.
 
I am kind of stunned that the powers who have input and control over appraisal standards specifically and most importantly' appraiser Qualification education don't include representation from these groups:


www.kingseducation.com

Community College vs University: 10 Important Differences

From class sizes to student life and academic quality, we've broken down the 10 most important differences when it comes to community college and university.
www.kingseducation.com www.kingseducation.com

Since we are discussing appraisal education aka Parea. Apparently Parea is very expensive. Surprise! Surprise! No Chit Sherlock! Mini-Monopoly ! Spread the providers out nationwide to not just two entities, no, how about two or more providers per state! This would significantly lower the cost. It also would open up huge resources to students, Especially Minorities.

When the Brookings People met with our TAF, you could see them looking down at our Industry Movers an Shakers. Brookings and even the hoover Institute place high value on higher levels of education post High school grad's.

GH said something above that caught my attention. He stated to the effect that to be an AQB instructor you had to prove you are able to Instruct/Teach entry level Students. That makes sense. It is not enough to just know the material, no you have to able to ensure the students are getting it. The Military has required this for decades. In my aviation career I had to attend school to be a Instructor ground and flight Pilot. I had to prove I could effectively teach and reinforce not just new pilots but also experienced pilots knowledge and skill on a annual basis.

So who and why did the AQB and States think everyday Appraiser Practitioners could teach a trainee? I realize the States have a say in this also and maybe they are ultimately at fault. Dumb Teaching Dumber is not a good plan.
 
The fact that students have to PAY for PAREA ( and may not be paid trainee during the learning period) ) means fewer will do it -if some minorities qualify for a scholarship or grant money to take it means they might do it, however, will they stay in the field with a res license once they see what it is really like to work on an assignment under high pressure for the deadline, getting it scrutinized, challenged and subject to revision for days afterward, often for a mediocre for a sup par fee or low AMC salary? ( I wonder if any of them will sue later for being misled lol )

Good luck out there - all the DEI and rhetoric in the world can't make people enter or stay in a field stripped of profit by third-party profiteering -
 
J Grant said:
The fact that students have to PAY for PAREA ( and may not be paid trainee during the learning period) ) means fewer will do it -if some minorities qualify for a scholarship or grant money to take it means they might do it, however, will they stay in the field with a res license once they see what it is really like to work on an assignment under high pressure for the deadline, getting it scrutinized, challenged and subject to revision for days afterward, often for a mediocre for a sup par fee or low AMC salary? ( I wonder if any of them will sue later for being misled lol )

Good luck out there - all the DEI and rhetoric in the world can't make people enter or stay in a field stripped of profit by third-party profiteering -
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Boom! you nailed it 'J' It's as if they think minorities are fools or they live in a bubble, insulated from the likes of third party Leeches. Our profession is not the only ones who have to deal with middlemen. Class valuation and Nationwide are good examples. They are both deep into PDR's. Even Repair Services and Legal. If it has anything to do with Real estate they got their grubby little mitts all over it.
 
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Carnivore said:
Boom! you nailed it 'J' It's as if they think minorities are fools or they live in a bubble, insulated from the likes of third party Leeches. Our profession is not the only ones who have to deal with middlemen. Class valuation and Nationwide are good examples. They are both deep into PDR's. Even Repair Services and Legal. If it has anything to do with Real estate they got their grubby little mitts all over it.
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Maybe the minorities who get sucked into this scheme will be the ones who will expose them. Perhaps if they complain or file a lawsuit, they might be listened to.

Minority appraiser : "I believe I did not win the bid for the order because of bias."
AMC Rep: . "Your honor, it was not because of bias . It was because we found an appraiser who bid $20 cheaper.". "

THAT is the business they are being lured into. Shame on the stakeholders for cynically using them to cover up for their profiteering remake of the profession, which was underway for years before they could seize on DEI as a pious cover for it.
 
Carnivore said:
Boom! you nailed it 'J' It's as if they think minorities are fools or they live in a bubble, insulated from the likes of third party Leeches. Our profession is not the only ones who have to deal with middlemen. Class valuation and Nationwide are good examples. They are both deep into PDR's. Even Repair Services and Legal. If it has anything to do with Real estate they got their grubby little mitts all over it.
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And the reality is we are in a contracting field. An appraiser on FB keeps a running count of licenses in CA, here's his latest numbers: "BREA stats for CA: 1/5/2023 9252 total active licenses, including all types. 1/2/2024 total is 8717, a loss of 535 licenses (net) in a single year. To put this in perspective, CA has lost 1560 total licenses in the past 5 years. 1/3 of this number came in the past 12 months." And further down the thread, he reports numbers from the peak in November 2007 were 25,097 total active licenses.
 
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J Grant said:
Maybe the minorities who get sucked into this scheme will be the ones who will expose them. Perhaps if they complain or file a lawsuit, they might be listened to.

Minority appraiser : "I believe I did not win the bid for the order because of bias."
AMC Rep: . "Your honor, it was not because of bias . It was because we found an appraiser who bid $20 cheaper.". "

THAT is the business they are being lured into. Shame on the stakeholders for cynically using them to cover up for their profiteering remake of the profession, which was underway for years before they could seize on DEI as a pious cover for it.
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That would be great.
 
Tiffany Gibbons said:
Militants instead of morons, is that an improvement? I'll get my visqueen vapor barriers out, I'll be fine. I wonder who your comments are framed for? It certainly doesn't seem to be other appraisers.
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Well, they ARE stupid. I mean how dumb does someone have to be to believe these fees are enough to buy any changes to these standards or qualifications? These idiots can't even point to any changes in standards or qualifications that they think favor their enemies as proof of their allegations of corruption. There's not even any smoke, let alone any fire to be fighting.

PAREA has been coming on for many years at this point and the constant fretting about the numbers dropping too low to recover from has been cited as the primary rationale from the outset. DESPITE the fact that appraisers are getting starved out of the business for lack of work even as we speak. No matter what the fee is, if an appraiser is only averaging 6 or 8 assignments a month that's not enough to get by on.

As for my comments, they're framed for YOU and others like you. The task at hand is to proceed based on "what is" in this business because by definition, "what should be"....isn't. There is no fight for appraisers to even wage with the AMCs because it's been the lenders who have been calling the shots, not the AMCs. Moreover, the reason the lenders are doing it is because they can; because govt isn't going to stop them. And waiting for the govt to intercede on behalf of the appraisers, to give to them that which they are incapable of taking for themselves, is an exercise in futility.

I don't work for anyone other than my clients. I don't sell anything to anyone other than appraisals. I'm not a member of any of the professional orgs, or any other orgs other than this forum. I'm not pimping a newsletter or selling CE courses by generating paranoia among appraisers. All I'm doing is running my mouth as per my personal opinions. Same as I've been doing for over 20 years on this forum.
 
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