How can there be too many appraisers when there is a desperate shortage in some parts of the world? I turn down 10-20% of the requests sent to me. My turnaround is 3 - 4weeks. My last break was to take a 2 day class in Houston then hide out for 2 more days last fall.
How about skipping the college and going straight for a 1100 SAT score or maybe a minimum ACT of 30...that'll weed 'em out!
Until every state has an appraisal block like they have a teaching block AND the state drops the experience HOURS for experience YEARS LIKE EVERY OTHER PROFESSION I don't support it. An appraiser-in-training w/ degree, one year w/ co-signee; two years limited to <$250K, and eliminate the 75-150 hours of class and opt for CE only LIKE ACCOUNTANTS, LAWYERS, GEOLOGISTS, ETC.
ONLY appraisers were not permitted to GRANDFATHER under the original enabling legislation, even DOCTORS were grandfathered. ONLY appraisers will be required to have BOTH a degree and an education.
Test was easy you say???? Take it in Arkansas. 50% flunked, 100% of those who went on to Mo. and took it over two weeks later passed. So Arkansas is now rethinking the policy of letting candidates take the Mo. test if they fail the first time. I passed the CG test w/90% but it was HARD HARD. How many of you know what a "Check" is? It's a surveying term, not what comes back when you send an invoice.
Someone said a "related" field degree should be required. Related to what? State law here....Timber is appraised by professional foresters with appraisal license ONLY or the timber cruiser BETTER know how to help you. So Forestry is a related subject? Ditto for Mineral Rights. If Harrison chooses to publish it, I have more to say in a future issue of REV. FIRREA requires cert. appraiser for minerals and leases held as collateral. What except a geological or engineering degree will prepare you to appraise minerals? If you do not know who the SPEE is, you have no business TOUCHING the issue of mineral rights or leases. FSA even has a form for it. They should call the form the idiot created by an idiot form. Yet, every week some joker somewhere THINKS he knows how to appraise minerals, timber, etc. etc. You can bet he has a degree. And you can bet its a "he" because women are smarter than to tackle a subject they are completely in the dark about. I have never seen a incompetent timber or mineral appraisal written by a woman. Perhaps we should just require all future appraisers to be women because they have better judgment.
Ter