Grants to Help Train Appraisers - Appraisers Blogs
Grants to Help Train Appraisers - Appraisers Blogs
Abstract
In my view, after reading it, the article appears to present a balanced perspective about what appraisers have been experiencing since the FIRREA law was mandated back in 1989. Presently, due to the way the system works, the enablement of training is discouraging to the majority of Certified appraisers due to the financial disincentive built into the training process. It costs supervisors a great deal of money and the supervisor's personal production time to train a new appraiser. The Appraisal Foundation is sitting on a boat load of cash, millions they have siphoned off of appraisers and others since USPAP was incorporated into Federal, State and Territory laws. TAF should immediately utilize the majority of retained funds to establish grants directly to supervisor appraisers to help cover the training costs for each Trainee the Certified appraiser is supervising. This will help make up the lost income the Supervisor appraiser experiences. I'll just leave it at that for now; the actual grant amount and application process can be left for appropriate administrative oversight upon consideration of input from actual appraisers who do, or who want to, supervise Trainees.