TC,
I can't figure out that comment either. The SRA was never given away while I've been around and that's been since the mid-1970's. Got an old SRA designation on the wall here from the 1960's when it was the Society of Residential Appraisers not the Society of Real Estate Appraisers. Got another designation on the wall here from the 1970's that says SRA is Senior Realty Appraiser not Senior Residential Appraiser. No, they're not mine. I'm not that old. :lol:
Although, I seem to remember or to have heard that the Society was part of, or was born out of the Savings and Loan League way back when.
Hell, I even got suckered into going to college in the 1970's to meet the requirements for the SRA. Nothing was given away to me back then except my draft number for VietNam. It was 333, if I remember correctly.
Ben
Ben, I can remember back further than that. The AI has the MAI, and the RM, remember them? The Society had an SRA, and another for commercial, which I can't remember now because nobody uses it anymore. It's ironic that the two designations that survived were the MAI, and the SRA, both from different organizations. Probably, because those were the two the banks preferred.
I can even remember back when the AI didn't require a college degree. They waited till they had enough dues paying members, and then decided to limit the number of members to increase their prestige. I thought about joining at that time but decided not to.
Before the S&L crisis, a designation was necessary to convince bank officers you could do an appraisal. Groups offering designations were springing up like weeds in a cowpasture. I thought about starting one myself, because it looked a lot easier than appraising. All it took at the time was enough money to pay a small initiation fee and dues, and you could pick your designation, from beginner to senior. As they picked up members they would raise requirements to make it look prestigous. That is why I don't feel these groups do any real good for the appraisal profession, and not much more for their members.
I get sufficient work without them, the only two worth anything are the MAI, and SRA, and they cost more to join than they add to your income, so I consider it a losing proposition. I feel like Groucho Marx, who said "any organization that would have me, isn't worth joining".
Just another dissenting opinion.
Jim McGrath
Jim McGrath