Appraisal Institute Controversy

[ucbruin]

And it’s telling that an outsider/non-appraiser like Cindy is hired to be CEO and immediately recognizes all the mistakes they are making if they are truly advocates for the profession. It’s a shame that an MAI is still valued in commercial banking careers - otherwise they would all quit too. I only know a few, but most of them only hold their designation because of their high paying job at banks. They think AI is disgusting as the residential appraiser does.

I know little to nothing about the organization so it is no surprise that this the 1st time I've heard of Cindy Chance....
I'm surprised that forumites support a non-appraiser for the tip spot....

 

[chad hampton]

She’s the CEO, not president. Or was the CEO. The board probably had no idea how unethical they were until an outsider with a PhD in ethics took over. That was unacceptable to them. I get it,

 

[chad hampton]

I wonder what will be the higher number by the end of this year, the number of SRA who quit AI or the number of parea graduates? I’m pretty sure more people quit today than have graduated so far.

 

[chad hampton]

I just heard she posted her resignation on FB and the fireworks are about to start.

I can’t find the letter anywhere.

 

[chad hampton]

Yeah, I've said basically the same for years; If those on the corporate side (MAI and SRA) had to pay their own CE and rent year after year the AI would be in trouble.

Yes, the MAI I know say the only reason they’re still members are because their job pays for everything. CE and the designation.

 

[Non Sequitur]

I can’t find the letter anywhere.

Oops, updated info: Someone screen shotted her LinkedIn account. From what I see she announced on LinkedIn not FB, but it was reposted to FB. Look her up on LinkedIn and read the comments.

Here's the text:
Cindy Chance
It has been a challenging and rewarding journey getting to know and defend appraisers. The pressures on the profession have impacts to consumers and the public, and I hope that people will pay increasing attention. I move on now from the Appraisal Institute, with gratitude for the many wonderful appraisers who shared their stories, described their challenges, and whom I have been deeply honored to serve.

 

[chad hampton]

Ok yes I saw that. Was wondering if she copied the letter. Probably prohibited with all the NDAs they make you sign.

 

[George Hatch]

I was a big fan of the Society until the AI took it over. The SRA is still useful for testimony work, but AMCs could not care less if you have a designation, only a pulse. I have to admit I have not been involved with any organization for over 20 years, not really sure what this is all about.

I took all my initial training through the Society of Real Estate Appraisers. TBH I always liked their vibe better than what I was seeing at the AIREA. But that was just my experience. Maybe the different chapters in other regions acted differently.

 

[gregb]

AI-

 

[gregb]

I took all my initial training through the Society of Real Estate Appraisers. TBH I always liked their vibe better than what I was seeing at the AIREA. But that was just my experience. Maybe the different chapters in other regions acted differently.

Back in the day, the passage rate of Cap A & B would not have varied relative to who taught the class.