Mike Kennedy
Elite Member
- Joined
- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- State
- New York
as if inspection were 80% of the cost....cheaper methods of inspections
as if inspection were 80% of the cost....
The argument is we "cost too much" and we "kill their deal"...the NAR wants to be the sole authority on "value". That system is imploding in Canada if you follow Ross Kay, you get the storyThey want the appraiser out of the valuation business.
(my bold)The argument is we "cost too much" and we "kill their deal"...the NAR wants to be the sole authority on "value". That system is imploding in Canada if you follow Ross Kay, you get the story
I know for a fact that the original bill to form the state board failed and was delayed 2 years when the NAR proposed limiting certification to Realtor Brokers and MAIs. Only when the bill was killed by the Senate pro temp did independent appraisers get a chance to say their piece and cooler heads prevailed to point out this did not serve the function of independence that FIRREA implied. It would have limited the number of appraisers to about 300 in this state as well...assuming they all wanted to appraise. What it would have created was the sort of AMC where a few people were the "appraiser" and the people actually doing the work would be limited to a serfdom of the actual appraiser.I don't sense that as per their letter on waiving the traditional appraisal in favor of a PIW: