Appraisal Institute's PAREA receives approval from the Appraiser Qualifications Board

[Non Sequitur]

AI should throw in an SRA designation for all parea graduates. I bet if you offered to pay double, they would.

Discussions are underway.

 

[Tiffany Gibbons]

AI should throw in an SRA designation for all parea graduates. I bet if you offered to pay double, they would.

Exactly right. When I was halfway through all the classes to get my MAI, AI would not accept some of my past commercial hours experience because "some of my experience was not recent enough", but they offered a "Dual Designation Track" that I would pay for the SRA too, and that requirement would already be met (?) Now they permit certain CRs to get MAIs if they do this, take all the classes, and teach, train, or do podcasts apparently. I still go to AI classes locally sometimes and most of the the AI appraisers in this area are good people and they have good classes but I'm not a member now because of how National AI treated me. They did this to other CRs that upgraded to CG as well, men and women. It was a tactic that failed, with me and at least 2 others I know of.

 

[Tiffany Gibbons]

Discussions are underway.

$10,000 and sold! Enroll in Dual Designation Track for another $10,000 so you'll have your MAI once we eliminate residential appraisers altogether.

 

[Tiffany Gibbons]

Highly likely. And Halliburton did the same to my son, so it’s not an uncommon practice.

Wow, wonder who is Halliburton's competition...

 

[gregb]

That was exposed here last year and was meet by furious opposition by the “Friends Network”.

From Baggot-

Michelle Czekalski Bradley is chair of the publisher’s Appraisal Standards Board. Panelists are paid on an hourly basis to deliberate and suggest changes to the copyrighted appraisal standards. In a rare moment of candor, Park (above) confided to reporter and podcaster Kyle Campbell of American Banker last year that in 2021 his agency found the panel had made more than 3,600 changes to the publisher’s standards and guidance over the years; many of them had “no practical impact on the appraisal practice,” said Park. Czekalski Bradley’s spouse, Dan Bradley, is a director at one of the publisher’s partner companies, a course provider. She also represents the National Association of Realtors to the publisher’s advisory council. Citing unadjudicated cases and now-discredited research, the National Association of Realtors wants its members to talk about “appraisal bias” to buyers and sellers. It’s a naked attempt to intimidate appraisers into rubber-stamping the contract price for every sale. You can see NAR’s recommendation to its members at 2:19 in the video here.

 

[Mejappz]

From Baggot-

Michelle Czekalski Bradley is chair of the publisher’s Appraisal Standards Board. Panelists are paid on an hourly basis to deliberate and suggest changes to the copyrighted appraisal standards. In a rare moment of candor, Park (above) confided to reporter and podcaster Kyle Campbell of American Banker last year that in 2021 his agency found the panel had made more than 3,600 changes to the publisher’s standards and guidance over the years; many of them had “no practical impact on the appraisal practice,” said Park. Czekalski Bradley’s spouse, Dan Bradley, is a director at one of the publisher’s partner companies, a course provider. She also represents the National Association of Realtors to the publisher’s advisory council. Citing unadjudicated cases and now-discredited research, the National Association of Realtors wants its members to talk about “appraisal bias” to buyers and sellers. It’s a naked attempt to intimidate appraisers into rubber-stamping the contract price for every sale. You can see NAR’s recommendation to its members at 2:19 in the video here.

It’s one conflict of interest after another. Well, at least I feel entirely vindicated. TAF needs to be restructured or abolished. In the hearing, they were the primary target. The corruption has been exposed time for new leadership.

 

[Mejappz]

She's not alone in exploiting the system. Many state-board members use their positions to boost their careers. They show up at NAR, TAF, AI, and councils, but they don't care about appraisers. They just want to get ahead and make some bucks.

 

[RCA]

Throwing appraisers out on their own to do residential appraisals is a good thing - as long as there is an experienced supervisor to pick up the phone and answer questions - and review the appraisal before it goes out.

Idiot trainees will mess up badly and "should" be prevented from going any further.

Honestly - I had a couple of not-too-bright appraisers take me along on two of their appraisals back in 2001 - and didn't learn a thing. Then, the supervisor sent me out to a 5-acre multi-million dollar house in Napa with a small vineyard - all by myself. He swore I could do it. But I am not reckless, called the state board and they went through the roof of course. Still - I did plenty of other appraisals for the next year, - until I got my license and then I became independent and did things my way. The supervisor sent me one of his appraisals from time to time - such as a triplex he did in San Francisco. That helped, I guess. Many years later the supervisor lost his license for not going along with his trainees on inspections. He did have a good argument though: If a court can accept photographs for evidence, then why shouldn't he be able to do the same? --- And now, of course, things are different and the system agrees with him, more or less.

That is the same with most appraisals. These rules are created by a system of apathetic group-thinkers and followers who are very timid when it comes to standing up to authority. They follow, follow, follow and only raise their voice if permitted. And of course, the argument would always be something like: "I would lose my precious job if I objected." So, we have the same kind of stupidity we had 10, 20 and 30 years ago.

The whole system will be replaced with robots. - And run by engineers and smart analysts. No way around that.

 

[chad hampton]

That will be OK with me, as long as UBI pays me about 8 to 10 grand a month. They can have robots do all the bull**** they want.

 

[RCA]

That will be OK with me, as long as UBI pays me about 8 to 10 grand a month. They can have robots do all the bull**** they want.

It won't be just appraisal. Robots will start doing a lot of detailed and repetitive work in many areas. They will be far more efficient than people. --- But there should be some law, that people always manage the robots - based on the concept that we have to be able to shut them down and therefore always maintain the highest level of security clearances - and that will take a lifetime of learning - and probably will draw people from the upper 40-50% in intelligence, so that will leave an enormous problem of what to do with everyone else. Most likely that will be sorted out with time. And I am sure it won't be any fun.