AQB Update On Proposed Changes To Appraiser Qualifications

[Evincere]

Evincere, your above post makes no sense and I have no idea why you are even arguing this point. If you followed the sequence of the thread, my post about ethics and professions was in response to what George Hatch wrote, where he wrote about lawyers and other professional groups disliked due to ethics concerns and he extended that to appraisers.

The fact that you completely misunderstood what I wrote, why I wrote it, who it was in response to and then want to argue a point which has little to do with the topic illustrates what David Wimpleberg wrote about reading comprehension and reasoning.

Grant, you are all over the place. And my impression is that your reasoning is circular. Lets back up for a minute. You go on an on about reviews, experience and appraisers relative to college education without any evidence or documentation and admit as much. You form weighted opinions regarding same based on personal observations in continuing ed classes?

We're still speculating on what is and isn't without the benefit of any supporting analysis of actual data that would prove or disprove an actual improvement in appraisal results attributable to the academic education requirements. It's as if nobody has asked the question and nobody's interested in the answer.

l.

Carry on JGrant.

 

[George Hatch]

Evincere, your above post makes no sense and I have no idea why you are even arguing this point. If you followed the sequence of the thread, my post about ethics and professions was in response to what George Hatch wrote, where he wrote about lawyers and other professional groups disliked due to ethics concerns and he extended that to appraisers.

The fact that you completely misunderstood what I wrote, why I wrote it, who it was in response to and then want to argue a point which has little to do with the topic illustrates what David Wimpleberg wrote about reading comprehension and reasoning.

Actually, what I said is that the public's perception of these various professions - all of them - is more closely linked to their perceptions of professional conduct than to their technical expertise.

Accountants after Enron were in a tough spot. Teachers and the clergy cringe every time one of their's get's arrested for falling in love with kids. the rap on lawyers is that they will say anything - including lie - in order to make their case. Etc., etc.

Accountants with MBAs are invisible in the market. Nobody cares except perhaps for some corporate employers.

 

[George Hatch]

Lastly, appraisal report content and format is more closely linked to what the lenders commonly engage and use than what appraisers are or are not capable of delivering. If more lenders stopped their involvement with the trafficking of lousy appraisals those appraisers would face the choice of cleaning up or starving.

 

[gregb]

Accountants with MBAs are invisible in the market. Nobody cares except perhaps for some corporate employers.

Why are not accountants held in low esteem when they bring the bad news on how much taxes are owed, while appraisers are shamed for "low value appraisals"? Because the accountants can blame the government.

 

[Eli]

Let's shift gears. What is bad with education?

 

[George Hatch]

Nobody has said that.

 

[Ken Masla]

Now you're really showing your ignorance and bias. One "earns" a degree. I assume you don't have one because you couldn't afford to pay for it?

Degrees are not free for most people. You pay for it.

Like you said in your previous post, a degree would be a tie breaker if everything else is even. So it would make sense to pay for a degree to get an edge. It is an investment. Investment = paying.

When you are educating, a degree shouldn't be the goal, actually being educated should be the goal. A degree should be a trophy.

But now more than ever, the degree is the goal and the university makes it easier to get the degree. It is now kind of like a participation trophy. A participation trophy that makes the losers think they are as good as the winners.

A degree itself does not make someone more educated (in regards to the applicable profession), ethical, intelligent, objective than someone without one.

 

[Ken Masla]

Let's shift gears. What is bad with education?

I don't think there is anyone who is saying education is bad. That is not the argument.

 

[J Grant]

Degrees are not free for most people. You pay for it.
Like you said in your previous post, a degree would be a tie breaker if everything else is even. So it would make sense to pay for a degree to get an edge. It is an investment. Investment = paying.
When you are educating, a degree shouldn't be the goal, actually being educated should be the goal. A degree should be a trophy.
But now more than ever, the degree is the goal and the university makes it easier to get the degree. It is now kind of like a participation trophy. A participation trophy that makes the losers think they are as good as the winners.
A degree itself does not make someone more educated (in regards to the applicable profession), ethical, intelligent, objective than someone without one.

You have to put in the years and EARN the degree, in addition to paying for it ( unless on full scholarship). A degree is not a participation trophy, a degree shows that at minimum you stuck it out and got passing grades. The years spent getting a degree does make one more educated. Can someone achieve that same level of education, or exceed it, without getting a degree? Yes they can, but a degree is a proof of the achievement , and for certain fields, passing grades in certain courses is a qualifier for the profession. Other professions just require a degree, or prefer it.

 

[J Grant]

There is no participation trophy in a degree. Plenty of people flunk college or drop out. For professions that are more academically oriented, grade point averages or where you went to school, or post graduate degrees matter as well.

I understand the arguments against the 4 year degree for res license, and there is a good chance it will be gone. After all, AMC's dont' want it and they are influential tie breaker. They will use the fact that even though a good number of appraisers want to preserve the degree, it is not unified.

Once the requirements are gone, the worst of allowing alt pathways can affect the profession, not the best behind the intention. AMC's will aggressively recruit HS grads, offering cram courses or paying their staff appraisers to supervise to get trainees/new license to work ASAP .

The folks who are fighting to get the degree requirement scrapped will find themselves competing against a far larger number of newbies and trainees than they would be otherwise, who will compete with experienced appraisers by lowering their fees to get the work.