Workshop Today--Becoming an Appraiser

[J Grant]

The problem with PAREA is not going to be getting people to pass an exam. It is making the PAREA program profitable for educators. AI is working from a grant and from the goodwill of some of their members.

How is it going to be profitable to educators if such low numbers enter the profession on res side ?

They can write all the flowery copy they want about the "opportunities" in the appraisal field, but any young person with a brain looks things up on the internet and social media now and can see how degraded and low-paying ( in general) the field has become on the residential license side. That was not the case when most of us got a res license -

 

[CGinMN]

Apparently, they have 1900 interested parties. For a state like MN, that implies about 32 Minnesotans are interested in PAREA. As of 2024, we had 130 trainee licenses, down from 215 4 years earlier. If that rate continues, we will be down to 62 trainees by 2030, in the meantime we'll have lost 150 CRs. However, 1900 is way more than AI can handle. They will not be able to scale to more than a couple hundred per year, if that is since it requires designated members teaching for a stipend. For PAREA to fill the solution they are looking for, it needed to be profitable for all the education providers. The reality is that the educators and even staff/AMCs cannot provide the training needed in a manner that is economically viable for their business, which is the same thing appraisers have been saying for 15 years.

These are market forces at play. -My new tagline.

 

[Terrel L. Shields]

Attorney and CPAs

How many black attorney's and CPAs do you know? Same problem?

 

[J Grant]

Apparently, they have 1900 interested parties. For a state like MN, that implies about 32 Minnesotans are interested in PAREA. As of 2024, we had 130 trainee licenses, down from 215 4 years earlier. If that rate continues, we will be down to 62 trainees by 2030, in the meantime we'll have lost 150 CRs. However, 1900 is way more than AI can handle. They will not be able to scale to more than a couple hundred per year, if that is since it requires designated members teaching for a stipend. For PAREA to fill the solution they are looking for, it needed to be profitable for all the education providers. The reality is that the educators and even staff/AMCs cannot provide the training needed in a manner that is economically viable for their business, which is the same thing appraisers have been saying for 15 years.

These are market forces at play. -My new tagline.

? What source says they have 1900 interested parties, and what does that mean? Who are they - people who answered a survey or are actually signing up?

I feel sorry for anyone lured in by PAREA . I am not worried about them as completion. The profession is so degraded on the res license side that a number of grads will feel betrayed by false promises.

 

[Surf Cat]

How many black attorney's and CPAs do you know? Same problem?

Not a problem

“As president, I will get rid of the unnecessary degree requirements for federal jobs to increase jobs for folks without a four-year degree,” said Vice President Harris.

 

[J Grant]

? What source says they have 1900 interested parties, and what does that mean? Who are they - people who answered a survey or are actually signing up?

I feel sorry for anyone lured in by PAREA . I am not worried about them as competion. The profession is so degraded on the res license side that a number of PAREA grads will feel betrayed by false promises.

 

[CGinMN]

? What source says they have 1900 interested parties, and what does that mean? Who are they - people who answered a survey or are actually signing up?

I feel sorry for anyone lured in by PAREA . I am not worried about them as completion. The profession is so degraded on the res license side that a number of grads will feel betrayed by false promises.

Post 14

 

[TerryRohrer]

Post 14

According to the president of the Appraisal Institute this morning.

 

[shrubberyvaluation]

? What source says they have 1900 interested parties, and what does that mean? Who are they - people who answered a survey or are actually signing up?

I feel sorry for anyone lured in by PAREA . I am not worried about them as completion. The profession is so degraded on the res license side that a number of grads will feel betrayed by false promises.

Yep, its easy to say you are interested in something if it takes 0 effort to say you are interested and no followup is required.

 

[Tiffany Gibbons]

Speaking of that video, pretty nice interior illustrated there. Wait till the PAREA graduate goes into the homes where you have to breathe through your mouth only or fleas jump all over you...jus saying. It's all unicorns and rainbows in the classroom.... wait till they get out there.

Yeah, I did well in my classroom PADI certification beginning dive classes, it was only on the actual first dive in the Gulf, that at 40 feet, I discovered that I have bad ears (bad pressure, hard to clear, wear "earplanes" when flying). That was 20 years ago and the thought of the pain today tells me I'm never going to dive ever again. But I didn't know that until I experienced it in real life. I thought I'd be exploring wrecks and coral reefs, etc. I learned to love snorkeling though.