AQB Seeking To Lower Appraiser Qualifications

[George Hatch]

The main reason for the college degree requirement was that a lot of people without degrees are really bad at report writing. Of course, many people with college degrees are bad too.

IMO the 2008 bump in academic qualifications was sufficient to purpose. That 2007-2008 period was when the number of CGs actually increased as a result of appraisers who were doing the work upgraded in order to beat the clock.

 

[chad hampton]

Not hard to figure out, Parea which lowered the standards to having a pulse is a complete failure, so now let’s just lower it to barely having a pulse. It doesn’t matter, they’ve turned his profession into one that nobody wants to be in. For professionals who understand value, it’s very simple, there’s no value in the certification these days.

This is the standard path that comes when you turn a local independent profession into a national profession run by a handful of mega corporations. Nothing should come as a surprise, this is what many of us were talking about 10-15 years ago when we started down this path. And to think, Some people on this form, even advocated for it.

I wasn’t even looking for a job and I stumbled into one that pays me about 80% of the best years I’ve ever had appraising with much less grief. Add on 40 to 50 K appraising as a side gig and this will be my best year ever. I suggest everyone go out and get as far away from the sociopaths in suits that are running this profession into the ground. If you want to know who I’m talking about, go attend a conference somewhere.

 

[Terrel L. Shields]

The main reason for the college degree requirement was that a lot of people without degrees are really bad at report writing.

Amazes me that you can be in the biz 10 years and not have a clue about how to manipulate data from the MLS, use Excel or even use a Word Processor beyond pecking out a memo. I've seen entire reports written narrative without a single heading outside the default font and size and hand stamped page numbers because they didn't know how to paginate the headings (which, of course, were not headings just same old font and size. "Frames" or "headings" are necessary to create a table of contents automatically.

 

[gregb]

Was worth it that one mentor used Word Perfect and the other MS Word when I could remember the correct keystrokes.

 

[CGinMN]

The main reason for the college degree requirement was that a lot of people without degrees are really bad at report writing.

With the new forms, they are going to cut down on the written narrative. Soon they will be argue that appraisal reporting does not require any ability to write at all. Writing, after all, only serves to convey personal opinions leading to subjective outcomes. True objectivity can be expressed only with numbers. Quantitative vs qualitative.

Remember what Jim Park said at the PAVE round table. "There is a lot of discretion in how appraisers make their adjustments, how they choose comparable sales, and how they ultimately reconcile to the final value conclusion. We need to find ways to remove as much of that discretion as possible."

 

[chad hampton]

Probably has something to do with people with college degrees charge more than $350 for a 30-40 page professional report

 

[George Hatch]

Probably has something to do with people with college degrees charge more than $350 for a 30-40 page professional report

Not so far.

We have even seen SRAs drop their designation because their clients didn't value and wouldn't pay more for the additional qualifications.

 

[djd09]

if they let the mortgage brokers do appraisals without a license...they might as well remove all criteria

 

[Mejappz]

Well, it’s no surprise that the unethical stakeholders running TAF have struck again. There’s a reason the CFPB stated that TAF is entangled in one conflict of interest after another. I’ve been saying this for years, and few have listened. Once again, I was right.

 

[glenn walker]

Why all the angst....
Americans no longer value higher education....

Wrong Americans value higher education that's required to fulfilling higher performance.

The value of the BA was already starting to go down when I entered college The reason looking back was kids growing up during the 10 year Vietnam War era were told by parents that the liberal arts degree was the easy way out of the draft or Army.

I didn't want to go to college but my father insisted but being lazy I chose the easy route no hard science's the Baghdad Bob education where i could bull**** my way through.

Luckily Vietnam ended before my first semester but there was no better place to find brain dead girls than ones who lived in the La La land of esoteric psuedo Intellectual modern arts and free love.

In summary outside of the hard sciences and specialized degrees the aversge college degree today doesn't prepare one to have any more job skills than they had in the 9th grade.

My father had a PHD in Physics and Nuclear Specialists that you couldn't fake your way through a degree. He had a real degree mine simply required attendance.

But people do respect education just not when it became the piece of paper that had in many cases zero value.