PAREA Update

[Sadie]

Nope. And this has been my #1 issue with PAREA; It takes training (and the future) away from us and hands it over to bureaucrats.

I don't care about the bureaucracies , I think by doing decreasing the field work requirement, the trainees are not going to be as well trained. I don't have a solution to the trainee shortages but that is my 2 cents

 

[ucbruin]

Online schooling and training coupled with additional/available online/phone mentors maybe the only answer....

How are any trainees getting a consistent flow of assignments to collect needed hours....

Imagine if appraisal volume in 2023 is the same as 2022....

 

[Sadie]

Online schooling and training coupled with additional/available online/phone mentors maybe the only answer....

How are any trainees getting a consistent flow of assignments to collect needed hours....

Imagine if appraisal volume in 2023 is the same as 2022....

True, be on a callous note, do we need more competition for the little work we are receiving?

 

[Non Sequitur]

True, be on a callous note, do we need more competition for the little work we are receiving?

Yep. Not a single peep from TAF, AMCs, AI, NAA, or anyone else who pushed for PAREA about how these noobs are going to survive. They just want to sell classes and provide cheap labor for the corporate side.

 

[djd09]

'Big Short' Says White-Collar Jobs Bubble Is 'Bursting': SPY Implications​

Sep. 29, 2022 11:03 AM ETSPY, IVV, VOO, VTI, DIA, IWM, QQQ216 Comments

Summary​

• Famous investor Michael Burry recently declared that the white collar jobs bubble is bursting.
• He implied that he believes this decline in white collar jobs will likely be long-lasting, if not permanent.

what is the cost for parea education?

 

[Elliott]

PAREA is the classic, "pig in a poke" as a remedy for all problems past, present, and future. And of course, those at the AQB have ultimate blind faith in it, despite it is unknown and untested.

 

[George Hatch]

I'm trying to imagine how expensive such a course would be. Way more than a 200 hours of QE

 

[Elliott]

I'm trying to imagine how expensive such a course would be. Way more than a 200 hours of QE

During the video question section, someone axted, "What if the PAREA student doesn't fully grasp appraisal concepts?" Well of course the mentor can withhold credit (?How is the hell is that going to happen?)....and then the AQB says, "well they have to produce three appraisal reports" too. Oh yeah, it only takes three reports to nail being a credible, competent appraiser.

I will be interested in how the 3 to 12 PAREA courses can take a set of data from sales and support all their adjustments, as promised. I think they are all waiting for AI to lead the way, and all the rest will fall in line. Viola.

 

[Non Sequitur]

During the video question section, someone axted, "What if the PAREA student doesn't fully grasp appraisal concepts?" Well of course the mentor can withhold credit (?How is the hell is that going to happen?)....and then the AQB says, "well they have to produce three appraisal reports" too. Oh yeah, it only takes three reports to nail being a credible, competent appraiser.

I will be interested in how the 3 to 12 PAREA courses can take a set of data from sales and support all their adjustments, as promised. I think they are all waiting for AI to lead the way, and all the rest will fall in line. Viola.

PAREA will be no different than most modern education, it will teach the test. And I'm sure PAREA students will produce three "USPAP compliant" appraisal reports per standards rule 2-2(a) using a template spoon fed to them during the course. Honestly, they just won't know any better, and they can't with PAREA.

 

[chad hampton]

Education and field experience are 2 different things. If the problem was really not enough new appraisers (most current appraisers are looking for other work due to no orders), there was a much more obvious solution. Make it financially beneficial to take on a trainee.