mentors - Appraisers Blogs

United Appraisers Network Challenges Appraisal Institute

AppraisersBlogs — Wed, 18 Sep 2024 12:30:45 +0000

Ultimately, the United Appraisers Network would represent a bold and progressive alternative to the Appraisal Institute… The recent firing of Cindy Chance, the CEO of the Appraisal Institute (AI), has ignited widespread outrage and a profound sense of distrust among appraisers nationwide. In the wake of this controversial decision, discussions have emerged on industry forums about the potential creation of a new appraisal organization that would better serve the needs and interests of all appraisers, regardless of their specialization or credentials. Leading this charge is David Samnick, a Georgia-based appraiser, who has proposed the establishment of the “United Appraisers Network”...

Appraisal Fees & Value: Lessons from Picasso & Steinmetz Picasso answered “$5,000 madam.” “But it only took you five minutes.” “No, madam, it took me my whole life.” The…
When Solidifi Tried to Silence Samnick David Samnick has spent years warning that the AMC model would eventually expose its own contradictions. He is a Georgia…
Appraisal Institute’s Harassment, Tests, and Dance with AMCs The Appraisal Institute’s latest chapter is a double dose of harassment woes — harassment allegations rocking its leadership and the…

The post United Appraisers Network Challenges Appraisal Institute appeared on Appraisers Blogs.

PAREA Program & Its Negative Impact on Diversity

Guest Author — Thu, 03 Aug 2023 12:30:04 +0000

The study also found that the PAREA program is not as effective in providing a more accessible pathway to licensure as the traditional apprenticeship model. Practical Applications of Real Estate Appraisal (PAREA) is a program that aims to revolutionize the real estate industry by increasing the number of appraisers. However, after listening to the Appraisal Institute speaker at yesterdays board meeting it quickly became evident that this initiative is a complete failure. You cannot start PAREA until you have received all your real estate appraisal education. 94 hours = $1,700 per McKissock Appraisal Institute speaker said that most AMC’s/banks won’t...

Exactly How Are Property Data Collectors… Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie…
What Is My Incentive? Why would I bother taking on the added risk of an inconvenient process? Where is my incentive again? As an…
McKissock Ditches PAREA On January 1, 2024, McKissock announced that they were pulling the plug on their PAREA project. The primary factor contributing…

The post PAREA Program & Its Negative Impact on Diversity appeared on Appraisers Blogs.

What is Truth or Accuracy for Appraisers?

George Dell — Fri, 07 Dec 2018 13:30:26 +0000

Are we supposed to be paid truth-seekers? The appraiser is supposed to be accurate. What is “accurate”? Dictionary meanings say accuracy is “the condition or quality of being true, correct, or exact.” Tell the truth. Can it be? Hmmm. A search for truth. OK. So how do we come to know the truth? Are we supposed to be paid truth-seekers? Cool. I read that there are four ways to “know” truth: Tradition, Authority, Insistence, and Science. Wow! Let’s look at these briefly. This sounds serious! Let’s look at USPAP and The Appraisal of Real Estate. Appraisers have long been steeped in the...

Uncovering Flaws in FHA Appraisal & Loan Review Process The story of this single mother's harrowing experience with a defective home purchase and HUD's negligent oversight exposes deep flaws…
The Great Debate on Appraisal Fees She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee…
The Town With No Bank: How Rural America Lost Its… For decades, we’ve been told that the problem is demand. That people don’t want to live in rural America anymore.…

The post What is Truth or Accuracy for Appraisers? appeared on Appraisers Blogs.

AQB Moving Like a Turtle

Dave Towne — Wed, 30 Nov 2016 13:30:16 +0000

Appraiser Qualification Board moving like a turtle in solving how to get more people into the appraisal profession. I recently returned from a trip to Maui, Hawaii. While there, we saw two beaches where the ‘famous’ green sea turtles were lounging around during the day. Kinda reminded me of how slowly the Appraiser Qualification Criteria (AQB) is reacting to the near shut-off in getting new and younger people into our business. AQB didn’t take real constructive action at their Nov. 18, 2016 public meeting, but they did provide this riveting synopsis of what they did do during the meeting: On...

Appraisers Just Say No to Certain Assignments From… Some appraisers just say no and refuse to do assignments for low echelon AMCs fishing for cheapest and fastest appraisers...…
Appraisers Shortage? A Personal Story Very large lender who treats appraisers poorly... I received an email from an AMC I have not worked for before…
Licensed Residential Appraiser Response to Appraiser… Licensed Residential Appraiser out of work! I find it hard to believe that there is a shortage of appraisers when…

The post AQB Moving Like a Turtle appeared on Appraisers Blogs.

College Degree Requirement Misguided

David Brauner — Mon, 04 Apr 2016 12:30:30 +0000

The college degree requirement seems more like a forced attempt at elevating the status of the profession by closing the club, and that strikes me as elitist. I know about half of you disagree but the college degree requirement for Certification was a wrong turn for the industry. To its credit the Appraisal Foundation (TAF) is on the right track in trying to find a way out of the corner it has painted the profession into but it doesn’t look like it intends to go far enough in fixing the problem. As we all know by now, veteran appraisers as...

AGA Open Letter Regarding Changes to the Criteria Request for appraiser input on current and future educational / experience requirements... The AGA sent the below letter to the…
It’s Time to Take Out the Junk: AMC Practices Exposed Appraisers have spent years carrying the weight of broken AMC practices, and this article pulls every one of those practices…
USPAP’s Typical Buyer Standard in the Fair Housing Era The Irreconcilable Conflict Between USPAP's Typical Buyer Standard and the Current Fair Housing Compliance Regime. Retain this document as a…

The post College Degree Requirement Misguided appeared on Appraisers Blogs.

College Degree Requirement is Flawed

Guest Author — Wed, 10 Feb 2016 13:30:15 +0000

Why the 4-year college degree requirement is flawed and how to make the requirement work? Many, many years ago, my local college offered appraisal classes. You could take a couple classes, go take the state test and start knocking on doors. New people didn’t need a mentor. And new people learned by trial and error. It probably wasn’t the best way to do things. But it did allow for new people to freely get into the profession without a bunch of hurdles to overcome. Times have changed. Today, new people have to have a 4-year college degree in anything first,...

It’s Time to Take Out the Junk: AMC Practices Exposed Appraisers have spent years carrying the weight of broken AMC practices, and this article pulls every one of those practices…
The New & Improved Fannie Mae “FRAUDULATOR 2.0” Originally known as Fannie Mae’s Collateral Underwriter (CU), and subsequently Collateral Underwriter 2.0 (CU-2)i this always dubious product of Fannie…
The Great Debate on Appraisal Fees She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee…

The post College Degree Requirement is Flawed appeared on Appraisers Blogs.

mentors - Appraisers Blogs

United Appraisers Network Challenges Appraisal Institute

Related Posts:

PAREA Program & Its Negative Impact on Diversity

Related Posts:

What is Truth or Accuracy for Appraisers?

Related Posts:

AQB Moving Like a Turtle

Related Posts:

College Degree Requirement Misguided

Related Posts:

College Degree Requirement is Flawed

Related Posts: