Knowledge losses over time

[Ricky LaFleur]

Deleted

 

[Carnivore]

Lets look at this from a high School graduate . Day 1. What or who got you in this career/job? High schools have a Career Day,
Most people students have some idea what they want to do leading up to graduation. but others know someone in real estate , Others go to college WHAT ! COLLGEE You DON'T NEED no stinking Degree to be a res appraiser. Thats true. I would respond with others WHY NOT?
WELL THEY MAY SAY, we can extract the courses needed and fold that in with other CE type classes that should upon completion and result by passing the state licensing exam.

OK Thats really expensive. I think I have a better way and much cheaper. All you got to do is turn this ino a 2 year Associiat of science degree at a community college. When you graduate not only our you a state licensed appraiser you also have a degree that many future employers would value , ie Property Isurance companies Once your license exspires it is gone in NC. You have to start all over again. yes that experience is still valuable to an employer and add the degree which never goes away.

I welcome any comments good or bad just do it I am not thin skinned

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[Terrel L. Shields]

To further ponder, was there any similar or different shifts in collective appraisal knowledge after the savings and loans crisis of the 80s (if we still have anyone on here that was paying attention in that type of way at the time)?

Yes, some of us were. I was busy valuing mineral rights in OK after banks took them for additional security on troubled loans. Pre-licensing there were few professional appraisers competent enough to tackle minerals. I on the other hand was not a house appraiser. I still do minerals, but I am now 19 days away from retiring. I became a farm and home appraiser by training. Why? The oil business eventually starved me out. And today for many appraisers, appraising is starving them out. Perhaps it is ebb and flow but AI is going to get all the easy jobs eventually. You will be left underpaid, overworked, and have the Damaclean Sword hanging over you in the form of unpredictable liability. Get out now while you still can. You are in the buggy whip business. Someone in India can make them cheaper.

Because the profession has degenerated into document compliance, CE that teaches nothing but fear the regulator and comply to your masters who are cramming 3.6 down your throat, forcing you to bow to the DEI crowd, and adding more and more liabilities upon you without offering so much as 10 cents more.

Until every appraiser recognizes their own value and sets their own fees and rejects 100% of all lowball offers, nothing will change until the profession disappears. Sorry to be Debbie Downer but I've waited 30 years for this profession to return the whip to our hand and it isn't going to happen apparently. RIP. I'm outta here in 19 days. Enough. I am going to pull the old Austin Jones disappearing act. I'm healthy enough to continue, but I refuse to play the game any longer.

 

[Carnivore]

Ya the problem is two fold. 1. Excess supply of appraisers
2. the AMC they give the illusion that there are even more appraisers fighting for a bite of the cheese than maybe rhere are in some cases

It will be interesting to see the numbers after the upcoming renewal time

 

[Lycabull]

I am now 19 days away from retiring

Who's counting, right? You earned it! Hope you enjoy that road trip I was reading about.

 

[Carnivore]

I retired from this profession Jan 1 2023 and earlier retired from the army 1989

I have an idea about AI. It will replace a lot of jobs and I mean A LOT of jobs. So lets Tax AI data centers. We already tax real property at local levels. So why not at the state and federal level?

 

[Joe Flacco]

Mr. Don Boucher, man.

This thread reminded me to pull up one of his samples and take another look.

This is just the site section in a form report. We all think we are doing top notch work, and then you see work from people like Don and you get put in your place.

 

[Joe Flacco]

It's interesting seeing other peoples work, and it would be good if we had access to more of it.

Don is very descriptive and takes a lot of time explaining what he observes and what he is thinking. But the way he handles adjustments is kind of old school.

Denis is much less descriptive but likes to use exhibits. He tries to be more mathematical or statistical with his adjustments, and shows his work.

They have different styles and differ in what they think is important and spend time on, but what is obvious is that they both take pride in their work. Those coming up don't have to do exactly what others do, but there are ideas to be gained by seeing others' work.

 

[George Hatch]

One issue I ran into some years ago was that I was writing too much in my reports. My readers had to wade through a lot of more detailed description and explanation that basically had nowhere to go. Now there are always certain situations which will bear the more detailed explanation, but (for most readers) there is also a point of diminishing returns. When the additional doesn't add to reader's decision making.

As much as I write here, I generally don't write to this level of explanation in most of my reports. Unless there's a reason.

 

[Joe Flacco]

That is my line of thinking as well. But for those that are used to writing mostly boilerplate reports which probably just says




It might give you some ideas of relevant things that can be discussed related to the site. You might want to talk about site dimensions, frontage, grading of the lot, how the site characteristics compares in relation to the range for the subdivision or neighborhood.