AQB Update On Proposed Changes To Appraiser Qualifications

[Deleted member 130081]

A 4-year requirement will only serve to bar entry into the profession, nothing more. That is so obvious it shocks me anyone here would suggest and/or advocate any different.

The requirements as they were a decade ago were mostly adequate. Go get some specialized schooling. Pass some tough tests. Then go out and learn under someone who's been doing it for awhile. With exception to some extra classes on writing, the requirements of the past were fine.

Clients want better appraisals, but the quality of all appraisals is contingent on the data available. I don't really know how the source data can be improved so it seems to me appraisals are about as good as they are going to get. Maybe we should require all homes be exactly like each other so appraisers and appraisals can finally be considered good? I cant be the only one who sees the true culprit here.

Pride is something, it really is. Its hard for people to admit their chosen course was not the best or most efficient. Its hard for people to admit they were lied to, because its even harder to admit they are gullible. Of course all the people who got a general 4-year and then decided to become an appraiser advocate a general 4-year - misery loves company. They don't want to admit it wasn't necessary because they then admit they aint as smart as they want you to think they are.

I think there are still some states (or at least there used to be) that allow you to be a lawyer if you pass the bar exam - no college. Seems logical to me. Make the test as tough as it needs to be and those that cant pass do not enter. Fair. Simple. For appraisers there is another element in play. Experience. There is something that happens after an appraiser has seen a certain number of houses and analyzed a certain number of sales. This is in my opinion the most significant piece of the competency puzzle.

I think the rules of old were wise and the rules of today and the suggestions for the future are something else.

 

[djd09]

Who's AI?

Them good ole boys. Pass.

How many members currently on the AQB are AI institutionalized?

 

[George Hatch]

How many members currently on the AQB are AI institutionalized?

The Appraisal Foundation and the AI itself haven't been on speaking terms for several years now. But that doesn't diminish the track records most of the individuals have established who serving on these boards at TAF, and working in the professional orgs speaks to their skill and experience working in collaboration with others. This being in addition to their other education and experience.

TAF just sent out a call for applicants for the ASB and AQB. Perhaps you could apply and see if you can bring your unique blend of misinformation, paranoia and hostility to bear on the national level.

 

[djd09]

Naw George you do good with the missing information. I will let the expert handle it.

You know name calling is against forum rules. But since you are the rules "expert" you probably already know that. Or do you play on the second set of rules.

 

[George Hatch]

LOL

Names, what names?

I have called people names on this forum before; but not you.

 

[djd09]

blend of misinformation, paranoia and hostility

Oh ok. Short term memory problems?

Paranoid is what i was called about 5 years ago on this forum. Catch up with the new slanderish terms...

 

[djd09]

Must be a big fight between the AF and the AI. The funny thing is every person i look up on a board is an AI celebrity.

http://www.traynorassociates.com/wp-content/uploads/2015/09/Joe-Quals-Nov-2014.pdf

 

[George Hatch]

I've never been directly involved, but from what I've been told service on one of the boards is a money-loser compared to their day jobs. I heard what the hourly rate was some years ago. IIRC it was about equal to what they'd have made per hour doing an SFR appraisal at full fee. The difference being they only get paid when they're actually on the clock; not when they're in transit and the like.

I will cede the point that some of these members have an institutionalized view of appraising, but with at least some of those individuals its because their day jobs are working on staff at the banks and in government as opposed to being fee appraisers. In that the appraisal profession consists of more than just fee appraisers I don't necessarily object to the corporate perspective being represented on those boards.

 

[Meandering]

I agree that there likely is no connection between ethical conduct and weather an appraiser has a college degree

Case in point.

However,

Nothing is more impressive than a $100,000 college degree to write a paragraph about why the house in the PUD in the residential zone is at it's highest and best use as vacant, but adding a garage would make it at it's highest and best use as improved.

But I'll extend an offer to all youse guys with college educations.

Me and my high school diploma are appraising an industrial park. Half of the lots are sold, the infrastructure was completed 5+ years ago. Last time I appraised it was 10 years ago, when it was just a gleam in the eye of the industrial development authority. So the old report needs a lots of updates, but there are still only 3 approaches to value, so all youse guys more highly educated than me are welcome to tag along and gain some CG hours.

.

 

[George Hatch]

Over the years I've known several competent CGs whose academic education stopped as HS and Associates degrees.

I don't know any CGs who are less-than-literate. Of course, the last I heard the aggregate fail rate for the income cap courses is still up in the 50% range, so there's that.