Appraisal Buzz Interview With Don Kelly

[TC]

PL and Leon,

Could not agree more, you're singing to the choir with me. A lot of posters put down education and designation, can't figure it out. And they want to start yet another organization which will avoid politics, yeah, that'll happen. If there truly are over 5K active appraisers on this board, take a vote, and everyone join either the ASA, NAIFA, or AI. You would have the run of organization with that many votes.

TC

 

[Ultraviolet]

The funny thing is that, in MY area, most of the unethical appraisers are designated by the AI. And they're all in supervisory positions, with lots of employees.

The new crop of Skippies came from these "good ol' boys" and they'll never, ever be sanctioned by the Board.

I've personally worked for five of these SRAs and MAIs, over the years, and could rattle a list of 20 such individuals off the top of my head. I've been asked to lie, fudge, inflate, and conceal by each person who was my supervisor. I was taught in pre-licensing (by an MAI who happened to be my boss) that "if there's a contract on the property, that's what it's worth" It's a joke, really.

I enjoy the AI classes and they have great instructors. But my experience with their designees hasn't shed a positive light on the organization, as a whole.

 

[moh malekpour]

TC,
You are mixing apple and orange. Education and designation are two different things. You can be non-designated appraiser and have more or the same education that the designated appraiser has. I know some non-designated appraisers who are more qualified, more educated and more ethical than some designated appraisers. You cannot generalize and say that all designated appraisers are superior to all non-designated appraisers in qualification, education, skills or ethical standards or most non-designated appraisers are against education because they are not designated. Please don’t put education and designation next to each other and make a broad conclusion.

 

[Carnivore]

Originally posted by George Hatch@May 6 2005, 04:06 PM
I also think that at whatever point the gap in qualifications gets reduced, then the "value added" aspects of professional affiliation are going to end up being measured strictly by performance. Or perhaps I should say, the public's perception of performance. Just as with the licensing system, qualifications alone do not solve all problems.

George,

On this I will agree with you 100%. This will not raise the FEE in lender work.
That will always be the lowest amount possible for the job to be completed, period. I cant speak to other forms of work because the information is not widely available. This is not hard to understand if you believe in market forces of supply and demand. Currently there is no sufficient demand for SRA's in the lending market. A trainee with a skippy can do the job more cost efficiently than me and definitely more than any SRA. Stricter education requirements will not reduce the supply of trainees, but it will reduce the supply of future appraisers.

Your point on perception is right on the money. Hypothetically, take two portfolios with supposed equal collateral value. In one portfolio all the loans are collaterlized with appraisals from SRA's. In the other portfolio there are no appraisals performed by SRA's. Which portfolio would be perceived to have the lowest risk, in other words the highest value? We know the answer to this. AI has the task to convince secondary market investors of the added value. Somehow AI has to convince the lending community that SRA's will make them more money with lower risk then anyone else.

 

[Carnivore]

Originally posted by TC@May 7 2005, 06:25 PM
PL and Leon,

Could not agree more, you're singing to the choir with me. A lot of posters put down education and designation, can't figure it out. And they want to start yet another organization which will avoid politics, yeah, that'll happen. If there truly are over 5K active appraisers on this board, take a vote, and everyone join either the ASA, NAIFA, or AI. You would have the run of organization with that many votes.

TC

TC,

I agree on the joining an oganization with one exception. AI membership requirements are so strict that voting rights can take years to achieve. There is little value in associate membership other than some discounts and bragging rights to a public who does not care anyway.

I am not saying dont join AI. I have always said that if I had it to do over I would have started with them from the beginning 15 years ago. I am just saying that there current structure sucks in that it has not moved forward. A person can go to a major university, recieve a BS/BA and hang it on there wall forever. Not so with AI. What other professional designation disappears if you dont pay up. Is this true for CPA? How about Para-legals? How about Surveyors? etc etc etc.

I will raise this question again. Is the current AI Leadership willing to concede control and power to residential appraisers by recruiting and retaining SRA's?
A successful long range recruitment will do just that. MAI's will become the stepchild.

Again, I am not slamming AI. Its just the way I see it. One reason the NAR, for example, is so successful is because all members are equal. The NAR is the largest trade organization in the US. All members have voting rights! Their political clout exceeds the Bankers! When Realtors speak congress listens.

 

[John SRA]

Andrew,

1. Associate members of the AI have voting rights . That was changed about 8 to 10 yeas ago when "candidates" become "Associate Members".

2. As for other organizations, if you don't pay your dues and keep up with your CE, you cannot hold yourself out as a CPA. See AICP.ORG. Even the states follow this model. If I don't pay, then I lose my certification. Why would AI be any different?

Have a good day

JC

 

[Carnivore]

John, SRA

Can you direct me to where it says associates can vote? If there is truth to this I will likely join today!

------------------------

I found it. Voting rights are restricted to your Chapter only or stuff they may choose on ccasion to allow you to vote on.

AI Bylaws


It is interesting to note that you essentially get the same bennies as an affiliate.

I have ask this question before, I have brought this up before.

John, SRA, thanks for stepping up to the plate and setting me straight.

 

[tommcsherry]

I'm way late on this but just to set the record straight....Frank said:

Nevada is only concerned with actions against a licensee resulting in suspension or revocation

which I'm not sure is true as I had to submit fingerprint cards to the Nevada Highway State Police with $50 for a background check,


NRS 645C.320 Qualifications for issuance and grounds for denial of certificate or license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. The Administrator shall issue a certificate or license, as appropriate, to any person:

(a) Of good moral character, honesty and integrity;

(B Who meets the educational requirements and has the experience prescribed in NRS 645C.330;

c) Who submits the statement required pursuant to NRS 645C.295; and

(d) Who, except as otherwise provided in NRS 645C.360, has satisfactorily passed a written examination approved by the Commission.

2. The Administrator may deny an application for a certificate or license to any person who:

(a) Has been convicted of, or entered a plea of guilty or nolo contendere to, forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud or any crime involving moral turpitude;

Makes a false statement of a material fact on his application; or

© Has had a certificate, license or registration card suspended or revoked pursuant to this chapter, or a certificate, license or permit to act as an appraiser suspended or revoked in any other jurisdiction, within the 10 years immediately preceding the date of his application

 

[Francois K. Gregoire]

Tom,

If you look closely, I think we are saying the same thing. The comment

Nevada is only concerned with actions against a licensee resulting in suspension or revocation

pertains to individuals licensed or certified in other states. I did not mean to imply Nevada does not do background checks.

Based upon comments from the Appraisal Officer, Nevada Real Estate Division, Nevada does background checks and will not issue a license until completed.

My issue is with the fact many states have options for discipline other than suspension or revocation. Such actions in another state, according to the Appraisal Officer and the text you cite, are not grounds for discipline or denial of a license in Nevada.

Sorry if my comments were not clear.

 

[tommcsherry]

Frank:

Sorry if my comments were not clear.

No...sorry...it was my head that wasn't clear (Sunday morning, first cup of coffee, skim thru interesting posts kinda thing)......