Certified General License and PAREA

[CGinMN]

A CG is allowed to get 50% of their experience from residential, which means half the experience can come from PAREA, depending on your individual state. You'll still need someone to train you in commercial and most firms are looking for more than a 3,000-hour commitment, in which case the PAREA experience is not very helpful.

 

[Zoe]

Has anyone tried the PAREA program through the Appraisal Institute? I've already gotten my certification, and am trying to push for a Certified General PAREA program, as I can't find anyone that will take me on. This makes sense, nobody wants to train their competition. What are your thoughts on this??

I agree with you. There are many inherent biases in the current system. PAREA has bias written all over it in more ways than one.

Please don't ask me to explain all the biases occuring. PAREA would have hard time explaining in public on your question.

 

[Zoe]

If you are CR, in many ways CG is easier. You just have to be good at math more than CR and learn the process.

CG appraisals are not like 3 day turn arounds. Some take weeks. 1 week is good on many. 2 weeks also good on many. 3 weeks, it starts to hurt.

You have to finish the job. You can expect 1 week, and it turns to 2 weeks, and then it starts to hurt.

 

[Zoe]

I would not wager some CG assignments don't take months to complete.

Catch my drift?

 

[sputnam]

Really? You are a Certified Residential Appraiser and you don't know what an MAI is? I teach QE and appraisal organizations and designations is covered on the first day. Might be a good idea to make sure you are solid as a Certified Residential Appraiser before you move on.

As stated, there is no PAREA path to General Certification. You will need to find a mentor and go to work with them.

 

[Zoe]

Many people that are affiliated with the appraisal institute will tell you single family residential can be more difficult than commercial.

Do you see the dichotomy or sarcasm in it?

PAREA?

 

[sputnam]

Many people that are affiliated with the appraisal institute will tell you residential can be more difficult than commercial.

I do and have done both. In some ways, residential absolutely can be more difficult... but as with most things... it depends.

 

[Zoe]

I do and have done both. In some ways, residential absolutely can be more difficult... but as with most things... it depends.

Let's go back to PAREA. See the sarcasm perhaps? Bias maybe?

 

[Zoe]

An excellent single family appraiser locally was first female PRESIDENT CR ever in local appraisal institute chapter.

Room full of MAIs. She called me when it happened. She retired a few years ago. She was special lady.

Weird we both worked for same MAI a while. She wasn't there when I was. But that MAI's daughter I think was first female MAI in USA.

He passed away a few years ago.

She was a SRA. And really good broker/builder.

I think the man's daughter quit appraising not long after obtaining the MAI.

He quit going to meetings with appraisal institute long before he passed. He kept paying his dues but quit going to meetings.

He had office building from what I heard with like 16 or so appraisers working in it at one time under him. Both commercial and residential.

He complained about appraisal institute all the time.

His dad had largest railroad tie producing company in the world in Birmingham Alabama. The wood railroad ties.

 

[djd09]

i notice that commercial real estate is not affected by the unconscious bias propaganda...