What ?

Well done. That is a HUGE problem with our profession, the majority are silent, and expect everyone else to do their bidding. (Imagine if 100 appraisers showed up and gave similar statements as you, that would have gone way father in our favor). Thank you for speaking up for all Real Estate Appraisers.

Building reliance for clients does not impugn public trust, it enforces it.

Appraisers SHOULD work toward a “Brand” but we don’t have to be salty like “CAMPBELS SOUP”

It’s just a comment on the inherent challenges of the job right?
Found this, kind of related. On the concept of protecting the public trust.
https://riverfrontappraisals.com/promoting-public-trust-part-1-what-is-uspap/

https://appraisalnewsonline.typepad.com/appraisal_news_for_real_e/2007/06/national-commun.html
(Click first link in article for additional article data.)
https://web.archive.org/web/20090308052627/http://appraiserspetition.com/
(Still happening today, the amc industry was supposed to correct that. Instead the amc trade groups are up there pandering to legislative bodies to codify overvaluation process into law with pave and fair, TAF is asleep at the wheel. The amc industries adoption had absolutely nothing to do with automating appraisers out of existence or increasing efficiency for lenders. Amc industries actions over the last decade have been a classic special interest bait and switch.)
https://web.archive.org/web/20090227180828/http://www.mortgagefraud.org/home-page/
https://web.archive.org/web/20090221025846/http://www.mortgagefraudwatchlist.org/
https://web.archive.org/web/20110304202445/https://www.flippingfrenzy.com/
https://web.archive.org/web/20090219004918/http://mortgagefraudblog.com/
That last link alone led to 155 pages of such accounts, whom knows how many are actually archived.

The numbers run large, the stakes very high. Just wait till the losses pile up, it’s going to be a rinse and repeat event. And this is why I constantly say; “Missing the IVPI Proposal yet?”
https://www.workingre.com/wp-content/uploads/2013/08/IVPI-Proposalfinal.pdf

Building a reputation which would protect the public is contradictory and would continue public ignorance.

The “broken house heart” a foreclosure is a necessary part of society to carry on financially. Our society can’t continue by irresponsibly supporting individual responsibility.

Charity is a necessity for the building of a continually prospering society. When we measure ourselves privately, we shall include our charities and rejoice, not bitch.

They pretend to be involved. They are not effective (AI member here, unfortunately). They write ineffective letters. Show up at hearings and nod and throw us under the bus. They are useless.

Thank you Mark. While I was not there but should have been, I am a member of the AGA. We need a collective voice; all appraisers should join.

Thanks Mark. Your time and effort made a difference!

The Ga board apparently is being investigated by the FTC for their law. They thought that the FTC vs La case was a ruling in favor of the FTC when in fact it was not and wanted to avoid any sort of notion they were price fixing or anti trust.

The Board received letters from appraisers and some others in the 30 day time frame and yet here I was at the board meeting the ONLY appraiser to show up and speak up about it.

The board president made a simple statement to start which altered my initial comment. He stated the state board was here to protect the public and not the appraisers. They are here to license and regulate appraisers. Very true.

So I processed to get my opportunity to speak and made it clear that removing this law completely would do more damage to the public but appraisers as well and the state How so? Well if AMCs have no state rule as far as C&R goes they would resort back to pre Dodd Frank days and be able to pay whatever they wanted, even lesser than they do now which would most likely result in appraisers to stop working with AMCs and create that false narrative of a shortage. It would harm the public as there may be less appraisers for lender work, faster and cheaper appraisers doing less quality work to make up for the lack of good fees thus leaving the public with more garbage valuations. It would harm the public because now we would be back to the narrative that we need more AVMS, hybrids, desktops and cheaper valuations to make up for the lack of appraisers willing to work for Pennies on the dollar.

I stressed to them that they shouldn’t be bullied by the FTC, that they need to talk with other agencies, the LA attorneys to understand what went on in the case, and many others before making such a radical decision and seek alternatives. Maybe it’s a simple rewriting of it. Maybe there is nothing wrong with it period.

I spoke about many other things as well in my time allotted to me from bid requests, trainees, AMCs leaving appraisers unpaid, and how allowing AMCs to charge borrowers a certain amount and pay themselves more than the appraiser or seek out the cheapest is not protecting the public.

At the end, the board president stated that he was prepared to make a motion to adopt the rule change and drop the law, however after hearing me speak not only as a certified appraiser and president of the AGA, along with some letters sent, they unanimously voted to table the proposed rule change and seek further advise, information and do more research before proceeding any further.

While not a gigantic win, it’s a win none the less and I applaud those who took to time to write letters. I just wish more appraisers would have m to the meeting to speak up in person.

Thanks for the article BG! You covered everything that is wrong with our profession!