New Exposure Draft

[Highlander416]

Any thoughts on the new exposure draft?

I thought there was a good chance that they would walk back the degree requirement, but didn't expect a path to totally eliminate the current experience requirement. Should be interesting to see how this turns out.

 

[Gioia3707]

Wow, this is the stupidest proposal I have read to date. I can honestly say that I have now lost all respect for the AQB!

 

[J Grant]

Wow, this is the stupidest proposal I have read to date. I can honestly say that I have now lost all respect for the AQB!

Me too. Sycophants in the pockets of the "stakeholders"

 

[Highlander416]

Me too. Sycophants in the pockets of the "stakeholders"

I just read the Working RE article. And it was clarified that trainees will not be able to use the practicum classes in place of the experience requirement. There is a flow chart in the proposal that looked like it did, but I read it incorrectly. It didn't seem clear to me at all. Oh well, we live and we learn.

 

[Non Sequitur]

I just read the Working RE article. And it was clarified that trainees will not be able to use the practicum classes in place of the experience requirement. There is a flow chart in the proposal that looked like it did, but I read it incorrectly. It didn't seem clear to me at all. Oh well, we live and we learn.

Please read the actual draft, not the Working RE article.

https://appraisalfoundation.sharefi...eCheck=true#/view/s08ca2577e4c45c99?_k=g97wsw

If you're interested in the proposal to eliminate experience requirements skip to pages 10-13.

 

[Highlander416]

Please read the actual draft, not the Working RE article.

https://appraisalfoundation.sharefi...eCheck=true#/view/s08ca2577e4c45c99?_k=g97wsw

If you're interested in the proposal to eliminate experience requirements skip to pages 10-13.

I did read it all and it was puzzling. Then, I read the article where John Brenan was contacted and confirmed trainees could not use the practicum method to avoid actual experience hours. I know how the proposal reads and I plan to comment on it. However, I can not believe that someone with no actual appraisal experience would be allowed to set up shop on their own in the current environment. That is the way I initially interpreted it, but it has to be just a lack of clarity, and Brenan seems to have confirmed that for me.

Eliminating the experience hours all together would be a recipe for disaster. It just seems to be a jump too far to be believable to me.

 

[Non Sequitur]

It just seems to be a jump too far to be believable to me.

I believe it and to an extent I support it. If the 4 year degree requirement stays in place it isn't unreasonable to treat a degree as more than a checkbox on the application. Most fields have a degree to practice path, it's only a matter of time we do too. I don't like it but that's the logical direction. The same people who claimed the 4 year degree would save the residential side because a college educated person would never work for AMC peanuts should have realized those same college educated people would balk at working as a trainee for years for little to no pay.

Anyway, it's all in black and white. The proposal offers alternative tracks for education and experience. If approved one can take the traditional trainee route for experience or the route outlined in the flow chart. The first paragraph page 11 explains the process, the last paragraph of page 11 is pretty straight forward and to the point, page 12 is a flow chart to visualize it and page 13 summarizes the intent. I can't speak for what Working RE wrote, if there's any confusion it's on their part. The exposure draft is clear and the latest in a series of proposals to offer a path of zero field experience.

Edit: Note the use of trainee and student in the proposals. If you take the path outlined in the flow chart you are never anyone's trainee.

 

[Highlander416]

I believe it and to an extent I support it. If the 4 year degree requirement stays in place it isn't unreasonable to treat a degree as more than a checkbox on the application. Most fields have a degree to practice path, it's only a matter of time we do too. I don't like it but that's the logical direction. The same people who claimed the 4 year degree would save the residential side because a college educated person would never work for AMC peanuts should have realized those same college educated people would balk at working as a trainee for years for little to no pay.

Anyway, it's all in black and white. The proposal offers alternative tracks for education and experience. If approved one can take the traditional trainee route for experience or the route outlined in the flow chart. The first paragraph page 11 explains the process, the last paragraph of page 11 is pretty straight forward and to the point, page 12 is a flow chart to visualize it and page 13 summarizes the intent. I can't speak for what Working RE wrote, if there's any confusion it's on their part. The exposure draft is clear and the latest in a series of proposals to offer a path of zero field experience.

Edit: Note the use of trainee and student in the proposals. If you take the path outlined in the flow chart you are never anyone's trainee.

I think the chances of a degree requirement of any kind staying in place for the residential route is slim.

If you are right, we have gone from raising the bar dramatically, to actually lowering it from where it was prior to 2008. We will go from a 4 year degree and 2500 hours field experience to no degree and no field experience at all. That is very dramatic.

I am not convinced taking a 3 hour night class once a week for two semesters will be enough to prepare someone to work completely on their own. This can be a one strike and you are out kind of business. I could be wrong. We won't know until we see how the people who go with that no experience route work out.

 

[BarrySW1963]

I think the chances of a degree requirement of any kind staying in place for the residential route is slim.

If you are right, we have gone from raising the bar dramatically, to actually lowering it from where it was prior to 2008. We will go from a 4 year degree and 2500 hours field experience to no degree and no field experience at all. That is very dramatic.

I am not convinced taking a 3 hour night class once a week for two semesters will be enough to prepare someone to work completely on their own. This can be a one strike and you are out kind of business. I could be wrong. We won't know until we see how the people who go with that no experience route work out.

I seriously shudder at the thought. Should be a flaming disaster.

 

[factsandtruth]

I think it's time to email comments to the board. ..we can't sit on the sideline.