How long the comps we can go back?

[Terrel L. Shields]

the facade of regulation?

Hasn't it always been a facade? I mean someone to blame and deflect blame from the banksters? And it worked. 1,100 bankers went to court over the S & L Crisis. How many went over the Great Recession? 1? 2? I don't recall any, frankly. No Keating. No McDougal. etc.

 

[Carnivore]

Four year degree in Lesbian Underwater Basket Weaving is worthless.

Some will question why I did not continue working in civil life after I finished my aviation career in the military. Easy answer I know longer was willing to give up weekends and holidays and other family things like going to your kid's sports or recitals etc. I hold a Commercial Pilots license. I earned that in one year. The US Government paid all of it to the tune of $225,000 (1970 dollars) plus my pay and housing and food cost. Today that training cost apprx. $900'000-1,000,000!
Civilians will pay much less for that license, because they won't get tactical training of killing the enemy and breaking his stuff.

 

[J Grant]

To a point. I mean I understand that a college degree is overrated since the requirements are such that what degree does not matter. So, a degree in Mass Media, Performing Arts, Anthropology (YouTube standout-perhaps the largest channel at times- is Scotty Kilmer. Scotty has an anthropology degree but worked as a mechanic for lack of any better job.), psychology, early childhood education, etc etc. are basically worthless to an appraiser. These degrees are so remote to what an appraiser does, that a single year of select courses would better serve as background. A-English (we all get out of practice there.) B - basic math and statistics and fundamentals thereof, C- Spreadsheet & Word Processing skills, D - Construction materials and building, E - Logic and problem solving, F- basic legal functions - deeds, mortgages, state laws, lending laws and regulations. Those 6 full seamster classes would expose someone to 90% of an appraiser's skillset.

Wrong.
Law, medicine, and many fields accept an undergraduate degree of any major. They might require a certain amount of credits in science or other classes. But the degree can be in any subject, and the humanities and philosophy and various other classes at a college are where people get exposed to broad concepts and critical thinking. That is why medicine, law, and many professions do not just want a degree in medicine or law. The specialized training and advanced degrees come after the college degree

Requiring more appraisal-related classes is not a substitute. Appraisers to get licenses to take more than enough appraisal classes and now statistics classes as well. It still leaves some of them not equipped to think about a problem or apply judgment. College alone can not guarantee it, ad there are some college grads who can stink at appraising and some non college grads who are great it it. Still, college levels the playing field at least..

 

[Carnivore]

Really my comments above are more directed at residential appraisers. The largest users of our services are doing everything they can to avoid using a Res Appraiser. Sad very sad.

 

[George Hatch]

There are only a handful of occupations that will employ a 4-yr grad at the professional role and a professional salary. Most of the Student-loan worthy occupations require grad work. And even then, probably most Masters degrees are not marketable at salaries that are proportionally higher than the undergrad degrees. A lot of 40yr olds have discovered that one the hard way.

 

[Carnivore]

two year degree or there are some alternatives aka shortcuts

The salary for a Certified Nursing Assistant (CNA) in North Carolina can vary depending on experience, skills, workplace, and duties. In general, the salary range for a CNA in the United States is between $22,000 and $54,000 annually, with the majority of salaries falling between $31,500 and $41,500.

 

[Dublin ohio]

It amazes me some of the people on AF that have, Professional Status: Certified Appraiser next to their name!!!!

Well at least that leaves me out.

 

[George Hatch]

I am more concerned about the removal of both educational and experience requirements at the same time. If no qualifications are necessary, why continue the facade of regulation?

The QE hours are the same.

The ostensible purpose of qualifications criteria for govt-regulated licensing is to ensure a minimum benchmark necessary to do the job competently. I.E., what does it actually take for a person to become competent at the task at hand.

I agree that cutting the hours of experience it takes to get a license is the wrong thing to do, regardless of the coverage of the PAREA course. I think there's a fair bit more to learning how to operate in the role than just learning the mechanics of the SR1/SR2 applications.

 

[Carnivore]

I am not saying the Res Appraiser is a dead end. I think the numbers needed will keep declining.

 

[Terrel L. Shields]

Law, medicine, and many fields accept an undergraduate degree of any major.

If you want to make any money in Law,

medicine

you'd better have an engineering degree or something substantial or go to work for dad's law firm. And I doubt many medical colleges will let you in with an art degree. You have tests to pass - so most doctors will have a pre-med, chemistry, biology, or other hard science degree. An old classmate of mine had a PhD in Chemical Engineering, he was an expert in spider venom, before going to medical school after spending 2 years in the Army, they financed it and he became a pathologist. Retired from the Army he became a pathologist at a regional hospital - retired now on a trout stream.

It still leaves some of them not equipped to think about a problem or apply judgment. College alone can not guarantee it, ad there are some college grads who can stink at appraising and some non college grads who are great it it. Still, college levels the playing field at least..

I don't see how it levels anything. The college degree has become a nothing burger. Grade inflation and huge student debt.