Appraisal Institute Controversy Part 2

[TC]

It gets better. Mr. "There are many that enjoy working with AMCs,

Said no one ever.

 

[Non Sequitur]

Said no one ever.

He said it and is building his business around it.

 

[TC]

Good for him.

 

[chad hampton]

Lots of appraisal mills love AMCs. Their business model is finding appraisers to work for 40% of the fee and they collect the other 60% . They don't care what the fee is, so they love AMC work. I'll take 60% of anything as long as someone else doing the work.

 

[Non Sequitur]

I wonder which will be announced first: A new Pope or new institute CEO? The institute has a 3 week head start but more politics and no chimney to keep the members informed. Anyone want to start a pool? The money can go to charity, I'm sure there's an appraiser relief fund somewhere that could use the money.

 

[Non Sequitur]

With smoke rising from the chimney, we now know more about the inner workings of the Vatican than the appraisal institute. Unless there’s a surprise, a new pope will be announced before we even know who the candidates are for the new appraisal institute CEO.

 

[Non Sequitur]

Holy cow, no pun intended. Dr. Chance has filed her lawsuit AND the New York times published a detailed article about the inner workings and drama in Chicago. Wow, just wow. It's behind a sign in wall, you can sign up for free article without committing to pay or give payment info:

https://www.nytimes.com/2025/05/08/...2otLk47e92p4rjvhUQ_aem_ZbVrhmORhHm6zSg0t82cow

The organization that influences how much houses and commercial buildings are worth in the United States privately paid one woman $412,000 to settle a sexual harassment claim and fielded similar complaints from at least seven other women that have swirled within the group over the last decade, The New York Times has found.

 

[alebrewer]

Is it, then, the AI's official position that: racial discrimination = bad and sexual harassment = ok?

 

[cpursley]

Holy cow, no pun intended. Dr. Chance has filed her lawsuit AND the New York times published a detailed article about the inner workings and drama in Chicago. Wow, just wow. It's behind a sign in wall, you can sign up for free article without committing to pay or give payment info:

https://www.nytimes.com/2025/05/08/...2otLk47e92p4rjvhUQ_aem_ZbVrhmORhHm6zSg0t82cow

The organization that influences how much houses and commercial buildings are worth in the United States privately paid one woman $412,000 to settle a sexual harassment claim and fielded similar complaints from at least seven other women that have swirled within the group over the last decade, The New York Times has found.

depaywalled: https://archive.is/0K9k2

 

[cpursley]

Unfortunately the second part of the article attacks appraisers as "old white racists" who don't give certain borrowers their value...