New York State Licensed Appraisal Question

[Carnivore]

The college degree requirement is mostly an attempt to make sure appraisers can actually write reports that are clear. If you don't do review work, you might be surprised by how many otherwise competent appraisers can't write. There are often rambling paragraphs that no one can really make sense of, misspelled words, including the same comment in the report multiple times. Of course, requiring a college degree isn't a guarantee that an appraiser will write well. Some degreed appraisers are terrible writers.

I get your point. Yes, I have completed review work. I hate it, because they don't want just a review. No, they want a 2nd opinion of MV by agreeing to the original appraisers opinion.

While active duty stationed Bell Textron, in Amarillo. Tx, I took English Comp 1 & 2 at and Public Speaking at Amarillo College. This is where I met my 2nd wife.
I also attended University of Maryland and Kentucky by extension on Base.

So, two year colleges are everywhere. Residential Appraiser could sign up locally, acting like they are pursuing a two year AAS degree program and take the english Comp 1 & 2. This would be a big step forward in Appraisal Report Narration.

 

[Terrel L. Shields]

The college degree requirement is mostly an attempt to make sure appraisers can actually write reports that are clear

I view that as a canard - a false front if you will. I view it as an effort to limit the pool of applicants for no special reason. College degrees are losing their luster. Outside of STEMs they are hardly a ticket to a better life. The AVERAGE income of a lawyer is barely $77,000. look it up. A driver for Little Debbie (McKee Baking) makes around $85k and you are home by 5 pm on Friday and do not go out again until Sunday afternoon or Monday.

This would be a big step forward in Appraisal Report Narration.

Some people write better than others. And some college students are not worth a crap at it. In any case, the Vo-techs, community colleges, etc. are cheap way to improve skills. My ex taught Word Processing, Spreadsheets, and other such "adult" classes at a small university in the evenings.

 

[sputnam]

I get your point. Yes, I have completed review work. I hate it, because they don't want just a review. No, they want a 2nd opinion of MV by agreeing to the original appraisers opinion.

It's true that many review assignments want the reviewer's opinion of value however, not all reviews include the reviewer's opinion of value. Appraisal reviews are governed by Scope of Work in exactly the same way that appraisals are. More work means a higher fee. If they don't want to pay more for more work, they will have to find someone else to provide the service.

 

[Tom D]

in pennsylvania long, long ago, you had to be a real estate broker to do any appraisal, pre cert, but you needed a designation. i think those 3 years of r.e. sales is better than a college degree in our profession.
my view point from reviewing is a complete disorganization of the report by most appraisers. would take forever to find something i was looking for.

 

[Carnivore]

It's true that many review assignments want the reviewer's opinion of value however, not all reviews include the reviewer's opinion of value. Appraisal reviews are governed by Scope of Work in exactly the same way that appraisals are. More work means a higher fee. If they don't want to pay more for more work, they will have to find someone else to provide the service.

I know that about the SOW, but thanks for pointing it out for others who lurk here (excluding the regulars) that may not have known. I am convinced that many AMC's convince lenders to go this route. 1. It saves time and money for the lender who is their client. So it all is what it is.