Poll for Commercial Appraisers

[Deleted member 161486]

How? Since most of those will not generate one lead, one assignment or one dollar extra?

Hey Terrel - pretty curious at this point in time - if you have NO INTEREST in having an appraisal designation - why are you following and responding negatively to every post about this topic?
And what is your motivation for trying to derail other appraisers from exploring getting a designation?

 

[Terrel L. Shields]

And what is your motivation for trying to derail other appraisers from exploring getting a designation?

What is motivating you to push designations that are demonstrably nothing? You getting some kind of kickback?. If they go for an MAI in Chicago or an ARA in Iowa farm country, fine. But pushing designations that NO BANKER ever heard of, NOT 1 in 3 APPRAISERS ever heard of and even pushing designations that are intended for REALTORS- WTF for?

A designation is expensive, time consuming, and locks you into that societies CE to get credit, otherwise, it is nonsense. NAREA typical - You license, we give you a designation for an additional $250... what kind of designation is that. As people beside me have noted almost NO ONE has ever been asked about their designation since licensing and when they are with RARE exception, they are asked about the MAI. Nothing else.

So, since you are a newbie apparently sold on the value of such designations, here is the story of Tobias. Tobias was the cat of an MAI and so that MAI sent in an application to NAREA to get a designation for Tobias - So, Tobias D Catt became a certified designated member of NAREA and NAREA approved his designation.

 

[Deleted member 161486]

What is motivating you to push designations that are demonstrably nothing? You getting some kind of kickback?. If they go for an MAI in Chicago or an ARA in Iowa farm country, fine. But pushing designations that NO BANKER ever heard of, NOT 1 in 3 APPRAISERS ever heard of and even pushing designations that are intended for REALTORS- WTF for?

A designation is expensive, time consuming, and locks you into that societies CE to get credit, otherwise, it is nonsense. NAREA typical - You license, we give you a designation for an additional $250... what kind of designation is that. As people beside me have noted almost NO ONE has ever been asked about their designation since licensing and when they are with RARE exception, they are asked about the MAI. Nothing else.

So, since you are a newbie apparently sold on the value of such designations, here is the story of Tobias. Tobias was the cat of an MAI and so that MAI sent in an application to NAREA to get a designation for Tobias - So, Tobias D Catt became a certified designated member of NAREA and NAREA approved his designation.

Hey Terrel -

First:
You have no data or proof of what you said: "Most of those will not generate one lead, one assignment or one dollar extra"
If this is based on your own personal experience, then that is over the top - and out of touch with reality - to assume it is the same for all of the other designated appraisers.

Second:
As you have made very clear to all of us - you have NO INTEREST in having an appraisal designation - why the heck are you following this thread - and wasting time responding negatively to every post about this topic?

Third:
What is your true motivation for all of your negative comments about professional designations? Is it just that you don't have one - so you therefore believe that they have no value?

Fourth:
Do you still work or are you near retirement? You seem to spend ALOT of time slandering this topic.

 

[Terrel L. Shields]

You have no data or proof of what you said: "Most of those will not generate one lead, one assignment or one dollar extra"

Show me the data that it does. BRCJR is a banker - appraiser. And he said it. They don't pay extra to get the MAI with rare exception. Before licensing the MAI or some designation PLUS your broker's license was the only way you could get appraisal work. And in the 90s and 2000s look at the groups that came and went. NAMA? I was a designated EAC. Did it ever generate a single lead? NOPE. Then the group dissolved after the family that basically owned the organization (yet was a member of TAF) died in quick succession.

Pushing people to blow a bunch of money for a useless designation (and everything but MAI and SAR are probably worthless outside of specialty like ASA or ARA) and that has only a limited appeal in their specialty. I don't know if even Farm Credit bankers could tell you what the ARA stands for in most states.

That's like saying anyone who doesn't use Narrative One for writing non-FNMA form appraisals is cheating themselves out of a great selling point. Look at your own polls - Looks like you checked off every box and no one else even responded. No one cares. Period. Give it a rest and I will.

 

[Deleted member 161486]

Show me the data that it does. BRCJR is a banker - appraiser. And he said it. They don't pay extra to get the MAI with rare exception. Before licensing the MAI or some designation PLUS your broker's license was the only way you could get appraisal work. And in the 90s and 2000s look at the groups that came and went. NAMA? I was a designated EAC. Did it ever generate a single lead? NOPE. Then the group dissolved after the family that basically owned the organization (yet was a member of TAF) died in quick succession.

Pushing people to blow a bunch of money for a useless designation (and everything but MAI and SAR are probably worthless outside of specialty like ASA or ARA) and that has only a limited appeal in their specialty. I don't know if even Farm Credit bankers could tell you what the ARA stands for in most states.

That's like saying anyone who doesn't use Narrative One for writing non-FNMA form appraisals is cheating themselves out of a great selling point. Look at your own polls - Looks like you checked off every box and no one else even responded. No one cares. Period. Give it a rest and I will.

I am not following all of your comments on this website, not sure what your goal is of following these threads. Keep in mind that you started the first poll in an effort to try to prove that appraisers are not asked about designations by clients, but your poll never qualified if it was for commercial or residential appraisers - and the poll is missing about 5 significant designations. You are the guy who is taking all of the initiative to respond to every post about appraisal designations with comments like: "no body cares" and "who cares" and "we don't need no designations." It's evident that you do not care - and that is perfectly fine - you do you - but you're trying to speak on behalf of a lot people - and it's way off the mark. So yeah if you want to give it a rest, then don't keep responding and trying to bash the topic of appraisal designations. If you have no interest in designations, then you should probably drop it.

 

[George Hatch]

Some years back we had a forum member who earned his ASA. He's a good guy. He was pretty active with working it at the chapter level and I know he got access to some additional opportunities. I don't think he was getting better fees, though. It was "costing" him some additional time and effort so when added to the costs of membership he may or may not have come out ahead.

We had another regular (Dennis DeSaix) who was a real savvy appraiser when he showed up here and then he finished his college degree and earned his MAI a few years later. I'm sure he's making more money now than he was before.

With that said, I've seen a few lone-wolf MAIs whose standing had diminished due to not performing well in their work and who weren't getting any better fees. The thing about designations is that they demonstrate the individual put in the work and developed their competencies - that's all good. But it is unreasonable to equate the brand with the performance because a certain percentage of appraisers *at all levels* sometimes don't work to their capabilities. That's in no way unique or even common to the MAI appraisers, but once in a while it does happen. After all, people are people.

 

[Terrel L. Shields]

but your poll never qualified if it was for commercial or residential appraisers

Because it does not matter. What percent of appraisers are designated? That's the poll that counts.

 

[Deleted member 161486]

Because it does not matter. What percent of appraisers are designated? That's the poll that counts.

More data is required for an accurate poll.

 

[Surf Cat]

There are some wars going on in other parts of the world right now, lots of news to read, and I have to work tomorrow morning. No more time to debate this evening - peace be with you.

Hey DC, I looked a little further into your query and found a few quotes below. They appear to align with your feelings on the subject matter. Although primarily MAI. Maybe there's just a bunch of sourpusses here.

https://www.reddit.com/r/appraisal/comments/1atwjjq/is_an_mai_designation_worth_it

 

[KHS445]

Earning any of the following designations will benefit Commercial Appraisers who are employed full time: Staff Appraisers, Review Appraisers, Assessors, Fee Appraisers.

CRE - Counselors of Real Estate
MAI - Appraisal Institute
MRICS - Royal Institution of Chartered Surveyors (RICS)
CCIM - CCIM Institute
ASA - American Society of Appraisers
CAE - International Association of Assessing Officers (IAAO)
ARA - American Society of Farm Managers and Rural Appraisers
GAA - National Association of Realtors
FRICS - Royal Institution of Chartered Surveyors (RIC

Any data or stats to back up your claim?

Right back at you, and in your own words. Answer please.