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AQB, DEI, College Degree & Comment Period

Meanwhile, TAF and the Appraisal Institute proudly showcased their first two grads today. And in the words of the President and CEO of The Appraisal Foundation "...they are blazing the trail for the thousands that will come behind them..." Thousands? Really, from what I understand around 10 have completed PAREA, how will the AI scale that up? Anyway, this program is supposed to benefit minorities, but here we are with two non-minorities and the typical profile of a second/third/fourth career individual looking for a gig. The tone deafness of TAF and the AI knows no bounds. This is just a big money grab for those who are involved.


 
After yesterday's news why would anyone waste there time to become an Appraiser. PAREA is just gonna be waste if time. Eventually a potential Trainee is gonna want to know how much money they can make. After a simple Google search they will find out there is no future.
 
Non Sequitur said:
Because some are making money off of them, a lot of money.
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This is only can last for short period of time before people realize its a complete waste of time! My Step Daughter came home about 18 months ago and told me she decided to become an Appraiser and had signed up for courses. I explained to her to do her research and she dropped those courses like a bad habit. Who in good conscious would tell anyone to become an Appraiser?
 
It remains to be seen if the death/retirement rate among the OGs will outpace the ongoing reduction in demand in the market for services.
 
George Hatch said:
It remains to be seen if the death/retirement rate among the OGs will outpace the ongoing reduction in demand in the market for services.
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That's a bad bet for a younger person to take = (unless they want to get a cert gen license )

It is ot just OG; there are many working res licensed appraisers in their 30's, 40's and 50's.
 
Oh, my goodness. Everyone should listen to the whole podcast. What I'm about to write is no shade on the two graduates, I really wish them luck. But shame on the AI and TAF for parading inexperienced noobs around. When asked by the Consumer Advocate on the board of trustees what they learned about appraisal bias (around the 42:20 mark) and if they felt PAREA prepared them to mitigate it, Sandy had to give a hint, and they basically talked about not including certain words and blurring people out of photos. Later on, in response to a question about form/narrative report training, they only completed form reports. And neither had any interactions with their peers in the program. Wow, lambs being led to slaughter. I hope they get competent advice and training before they get into trouble.
 
Non Sequitur said:
Oh, my goodness. Everyone should listen to the whole podcast. What I'm about to write is no shade on the two graduates, I really wish them luck. But shame on the AI and TAF for parading inexperienced noobs around. When asked by the Consumer Advocate on the board of trustees what they learned about appraisal bias (around the 42:20 mark) and if they felt PAREA prepared them to mitigate it, Sandy had to give a hint, and they basically talked about not including certain words and blurring people out of photos. Later on, in response to a question about form/narrative report training, they only completed form reports. And neither had any interactions with their peers in the program. Wow, lambs being led to slaughter. I hope they get competent advice and training before they get into trouble.
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To be fair I'd wager a lot of non commercial appraisers are not experienced with narrative reports.
 
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