AQB Update On Proposed Changes To Appraiser Qualifications

[Michigan CG]

Realtors is a commission sales job, it is not a profession ...............

How can you even say this?

This has to be the most ignorant post I have seen on this forum this year.

 

[timd354]

How can you even say this?

This has to be the most ignorant post I have seen on this forum this year.

Unfortunately, that is not even close to the most ignorant post on the forum this week, much less this year.

 

[J Grant]

How can you even say this?

This has to be the most ignorant post I have seen on this forum this year.

Anyone can be a Realtor , with a 2 week crash course and pass it. That's all i takes. I made my comment to djd in this context of education and qualification. I realize in a certain sense it is a profession, I was trying to make a point, which escaped you. t ) s[ . I hope this post gets back on a better track then people calling each other names. It was a discussion of the issue, prior to this last page of the thread.

 

[Dale Floyd]

Anybody can be a real estate agent, but not everybody is good at it. Entry is extremely easy. A week of courses and a test.

Anybody can be an insurance agent, but not everybody is good at it. Entry is extremely easy. A week or two of courses and a test.

Anybody can be a car salesman, but not everybody is honest at it. Entry is extremely easy. A tie and a smile.

Even though we have a bad apple or two, I don't think the entry level into this profession should be too easy.

Whether we all agree with college or not, it really does weed out those who aren't analytical in most cases, don't you think? My son will soon
be sitting for his exam, and has followed this current path in getting there. The level of education and perseverance he has endured
really shows up sometimes. Just saying.

I say again - Take entry level licensing back to where it was originally, with specific education and apprenticeship. If the licensed appraiser
wants to climb the ladder into certification without college, then make a sensible path. For others who want to enter as a certified appraiser,
then perhaps college would be one of the links along with the apprenticeship. Encourage FHA to allow licensed appraisers to complete their
requests, within their licensing limitations, and I believe we've solved more than one of the problems.

 

[J Grant]

Dale-"Anybody can be a real estate agent, but not everybody is good at it. Entry is extremely easy. A week of courses and a test.
Anybody can be an insurance agent, but not everybody is good at it. Entry is extremely easy. A week or two of courses and a test.
Anybody can be a car salesman, but not everybody is honest at it. Entry is extremely easy. A tie and a smile."

The above are all sales jobs, which is why the entry is easy . Appraising is an analytical job, with much at stake for taxpayer backing for res lending work, therefore the entry should be selective. , While I like your post, making so many alternate paths available without a uniform degree requirement is chaotic and will serve to keep the field at a trade level vs professional level. Times have changed, due to the lowered fee structure thanks to AMC's combined with the threat of technology reducing need for appraisals, there is a reduced number of supervisors that can afford to or want to take on the role of training/mentoring for res license work.

 

[Pittsburgh Pete]

Unfortunately, that is not even close to the most ignorant post on the forum this week, much less this year.

I'm thinking MichCG has DJD blocked and doesn't read his posts. Not sure one could top his post about nuns being forced to buy condoms!

 

[Deleted member 150397]

Just my two cents....
Appraising is a specialized trade which requires critical thinking, math, and language skills. Attention to detail throughout the process and a complete understanding of what he/she is doing beyond filling in the forms. Anyone can be a form filler and I would imagine a lot of appraisers and trainees are exactly that. I really don't know how any person could be expected to analyze data let alone imperfect real estate market data and then formulate opinions, thresholds, and conclusions based on this analysis.... It seems very simple to me that you can't pull someone off the street and say, "here's some data, now give me some statements regarding this data".... Not only is this an unreasonable request it's obviously going to produce less than desirable results...aka bull****... Now we take a trainee who has the experience of regurgitating what their boss has told them for the past however many years and you could get nearly the same results..... The third option is a person who spent time learning, performing, and being tested on advanced concepts outside of everyday life aka Bachelors degree course work... The old adage, "once you know you can never go back" This person has been trained to think critically, logically, and based on this education they should understand the importance of their job. That is your ideal candidate or at least someone who could be better suited to decipher data... I applaud the adoption of a bachelors requirement for CR for this reason and others. The simple truth that a person who has filled in forms for a supervisor who's oversight determines the final product IMO is simply a form filler. After all we aren't talking about messing up someones order of french fries or writing a citation to the wrong person but appraisals involve the economy on macro and micro levels... The constant barrage of people dismissing education for work experience are awful reminiscent of the folks who "don't need computers" Sure you don't NEED a computer but it's ridiculous to argue that computers/technology make peoples lives worse, produce poor results, and in general the world was more efficient without them.... For these reasons I've resolved an opinion that licensed appraisers who lack higher education are bitter and feel entitled to being independent appraisers when maybe they should consider gaining education and realizing that just because you have performed a task does not mean you understand it, are good at it, and produce the most credible results...

Thanks

 

[TRESinc]

Not 2-5 years: The absolute minimum time frame to get licensed, or the absolute minimum time to get certified, by doing cookie cutter assignments at sweat shops. And, based on my review experience, which was basically reports that came through wholesale via AMCs or MBs back then, the type of work expected from this type of situation was exactly as expected.

the absolute minimum time frame is 2 years to obtain a license.

While others might make the argument that the college degree would result in an increase in fees (and I think they would) that isn't my motivation

if that was the case why are so many complaining about low fees daily on here? how many posts refer to fees being the same for 5-20 years? how long has the degree requirement been in effect and why haven't fees gone up to support that theory?

The problem is, while there are MANY good appraisers who never stepped foot in a college classroom, there are also MANY bad appraiser who never stepped foot in a college classroom.

there are also MANY bad appraisers who have a college degree. it's basic human nature, and at this point all assumptions since no one can provide proof of their statement.

 

[timd354]

if that was the case why are so many complaining about low fees daily on here? how many posts refer to fees being the same for 5-20 years? how long has the degree requirement been in effect and why haven't fees gone up to support that theory?
.

Any effect that the college degree requirement will have on appraisal fees has not had time to taken hold yet as it just became effective on 1/1/2015 and very few appraisers have entered the profession in the past few years due in part to the fact that the profession is still working off the oversupply of appraisers in most areas that resulted from the huge expansion in the number of licensed and certified appraisers from 2000 to 2007. Eventually, increased barriers to entry in the profession (such as the college requirements) do affect the supply of appraisers, which in turn will affect fees, but not enough time has passed since the increased requirements were adopted to make significant difference in the supply of appraisers yet.

 

[TRESinc]

What does this have to do with anything?

because you claimed to be an appraiser yet you can't tell us what state issued your license.