- Federal Valuation Agency Impact on Appraisers & the Public - July 22, 2022
- Is Georgia Going Rogue? - June 13, 2022
- Bias in Automated Valuation Models - February 28, 2022
We are most certainly being heard… Do not get quiet, ever again… As a matter of fact, get louder!
As Appraisers we have witnessed a lot of changes, some good, some not so good. However, it is undeniable we are most certainly being heard. On state and national levels we are a relatively new voice. Do not get quiet, ever again.
As a matter of fact, get louder!
We have watched as AMCs have gained stronger and louder voices. However, they are now wary of us as Appraisers as never before. We stand toe to toe with them, and please never forget that truth wins and lies will die. Certainly not overnight, but they will ultimately be exposed.
We serve the public trust. That is Appraisal 101. Appraisers do not get rich. We are servants. It is an honorable role in life. Be proud of yourself and what you do for a living. You owe that to yourself, your family, and also to your colleagues.
Those of you that is comfortable speaking in public put yourself in front of Realtor sales meetings. Those of you that are quieter, join other unrelated groups such as your church, Rotary or Lions clubs, Habitat for humanity, Scouts, or even fishing or shooting club. Put yourself out there. Be proud of what we do.
There is a lot of excitement building now. Louisiana and the FTC, Corelogic and the FTC, Fannie and Freddie Property Inspection Waivers (Appraisal waivers), lower down payments, relaxed underwriting standards, alternative valuation products, evaluations, etc. are all part of our landscape. Educate yourselves on these issues and take a stand.
Join your state coalition. If your state has no such thing then START ONE!!!!
Do not worry, there will be others that join you that do things well that you may be uncomfortable doing, and you will bring what you have to the table as well.
Many of you realize I have appraised a long time. From my first day of my work I have heard that banks wanted to do away with appraisals. It seems they are closer than ever…. but do not forget….we are needed. It may take a little more time to prove this again, even to those that see us as an impediment to lending. However, what is being built against us right now will not prevail. We must protect the public good, if only to protect ourselves.
Get involved. Join Coalitions. Join Appraisal Groups that support independent fee residential Appraisers. Do not assist those who are in this for only their associational profiteering.
Best to all,