AQB Update On Proposed Changes To Appraiser Qualifications

[Ken Masla]

Ken, why do you always deflect questions about what your profession is? I personally don't care if people who are not appraisers participate on this board, but it would be enlightening for everyone to know what your position is so we know where you are coming from with some of your comments. Are you an IT guy, and AMC employee, an underwriter, an appraiser trainee or what?

I don't care what you care about, it is really a non issue for me.

I will exercise as much anonymity as the owner of the forum will allow me.

 

[George Hatch]

I am pointing that out because you keep saying that residential appraisal should not have a college degree requirement because you don't need it to be a competent residential appraiser. You don't need a college degree to be a competent commercial appraiser either.

I already addressed that in this thread - post #180

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.

 

[Terrel L. Shields]

pre-licensing, we had the most competent appraisers heading firms

No, "appraisal mills" were around for a long time. I think Henry Harrison had dozens of trainees at one point...

No complaint; no investigation.

Implies no reason to complain, right?

There it is in a nutshell. It is not about improved appraisers it's about restricting the number of appraisers.

Exactly...which aids the noble cause of "public trust" how?

Morality and ethics are not always one and the same,

I've heard everything now.

The bitter jabs at college degree people on this board is constant, while the college degree people are far more restrained - though we have reason to be bitter

That's stupid. I have a degree and 2 yr post-graduate degree but see no particular reason for a degree, not here nor for RE agents, loan officers, home inspectors, etc.

when you earlier referred to pre-licensing being so much better when you actually had no clue of what you were talking about.

Yep, locally in1992 we had two appraisers, both brokers trained under NAIFA classes and on FHA, VA panels. No big firms regionally. 90% of appraisals were VA, FHA. FNMA was v rare, more likely FmHA.

What is good for the profession. What is good for public trust.

You been spending time w Eli lately? Public trust is just another unicorn concept without much meaning and ill defined to boot.

Since there are competent commercial appraisers that do not have a college degree, might as well roll back those requirements too then.

Would it matter? If you can pass the test, by definition, you have enough education,right? If not, what metric measures competence? Ethics? Public trust? Degree? Voodoo?

everyone at Enron - degrees, they all have degrees.

Ken Lay had a doctorate.

 

[Joe Flacco]

I already addressed that in this thread - post #180

\

Then why don't you start advocating for lower requirements for commercial appraisers.

 

[George Hatch]

How many times do i need to refer to my opinion that the 2008 criteria that included the 5-course option for CRs and the 7-course option for the CGs was adequate to address the allegation that some appraisers can't write or analyze? If I've already said that 5 or 6 times in this thread will you suddenly understand me better if I say it one more time?

Do you want to know why the CGs don't have the same problems the residential appraisers have? Because we handled the supply/demand thing differently. We didn't chase the short dollar by flooding our own markets with trainees during the boom times. That's why we were never oversupplied relative to demand and there are why 19% fewer CGs in my state in 2017 than there were in 2001.

It's also why even if an AMC does handle a commercial assignment they can't brutalize the appraisers for their fees.

 

[Joe Flacco]

Here for the same reasons as you. Don't YOU have anything better to do?

I am here because I am a appraiser. So you are not here for the same reasons as me. The outcome of this topic does not impact anybody posting in this thread more than me.

 

[timd354]

I don't care what you care about, it is really a non issue for me.

I will exercise as much anonymity as the owner of the forum will allow me.

Nobody is asking you for personal details, but asking what your profession/position is so that we can better understand your perspective is a legitimate question.

Everyone on the AF should simply ignore you if you are unwilling to even let us know what your background is as you simply have zero credibility if you are unwilling to even do that.

 

[timd354]

I am here because I am a appraiser. So you are not here for the same reasons as me. The outcome of this topic does not impact anybody posting in this thread more than me.

Just ignore this guy unless and until he tells us what his deal is.

 

[Ken Masla]

Nobody is asking you for personal details, but asking what your profession/position is so that we can better understand your perspective is a legitimate question.

Everyone on the AF should simply ignore you if you are unwilling to even let us know what your background is as you simply have zero credibility if you are unwilling to even do that.

Stop trying to dictate what everyone should do. People who want to ignore me would have done it already.

Get over yourself.

 

[Joe Flacco]

How many times do i need to refer to my opinion that the 2008 criteria that included the 5-course option for CRs and the 7-course option for the CGs was adequate to address the allegation that some appraisers can't write or analyze? If I've already said that 5 or 6 times in this thread will you suddenly understand me better if I say it one more time?

Do you want to know why the CGs don't have the same problems the residential appraisers have? Because we handled the supply/demand thing differently. We didn't chase the short dollar by flooding our own markets with trainees during the boom times. That's why we were never oversupplied relative to demand and there are why 19% fewer CGs in my state in 2017 than there were in 2001.

It's also why even if an AMC does handle a commercial assignment they can't brutalize the appraisers for their fees.

I don't know how many times I have to tell you that supply/demand and fees are not relevant issues.