AUTHOR: Patrick Egger is a Certified General Appraiser located in Las Vegas, NV. He teaches continuing education classes on the housing market, appraisal issues for real estate agents and appraisers. Click on Outside The Boxes for a collection of Patrick's articles on Appraisal Scoop!
For those that read the first two parts of “The Right Start”, we are about to enter “uncharted waters”. With the advent of the HVCC (Home Valuation Code of Conduct), once again we are hearing calls for “unionization”, “guilds”, etc. It is not that I think that unions are bad; it is simply that I have never been much of a joiner. I don’t want to be on a picket line or signing up new recruits. I would rather be watching a game and drinking a beer.
Since we already have numerous “professional associations”, do we need another or perhaps just something different? The problem is not the lack of associations, but rather the absence of “one association”, that represents “all residential appraisers”. By different accounts, there are more than 100,000 licensed residential appraisers in the US. When you add the number of trainees, I would expect a 50% or greater increase.
The memberships of the AI, ASA, NAIFA, etc. include residential and commercial (personal property and retired appraisers as well) and likely total less than half the number of active licensed appraisers, leaving the vast majority under-represented or without a voice. This is not about forming a “competing association” for “professional designations”; this is about “organization” to provide an “umbrella” that covers residential appraisers under one banner.
Copy the leader – the Power of One
Nationwide there are millions of real estate agents and the overwhelming majority are members of the National Association of Realtors. NAR members also join other organizations (Chamber of Commerce, Better Business Bureau, etc.) and sub-organizations (local MLS, Women’s Council, etc.). Many have designations (CCIM, GRI, etc.) from different groups, however all are members of “one organization”, NAR and that is the point.