What our industry needs more than anything is effective policing to weed out the appraisers who are doing poor quality work, regardless of fee paid. It stands to reason that appraisers who do quality work will demand higher fees and, I believe, those who do poor quality work are those who take the lowball fees. I also believe that most lenders do not know a quality appraisal when they see one. When lenders are forced to buy back their loans because of bad appraisals, they will go after those appraisers who are doing crummy work – I welcome that day! More work for good appraisers and less for the bad ones!!

This is harder than it looks folks and I think the “experiment” was a success. Gretchen, you are now a “Pioneering” President!

I am so amazed that your message did not include any talk of the devastation of our industry. The restriction on our ability to market ourselves and MOST IMPORTANTLY of all, the cutting of our fees by AMC’s. You will have even fewer members to pay dues and attend dinners unless the institute stands up and demands that all their members stop any valuations until this injustice is altered. We are a small group and cannot be replaced easily. The year and a half of HVCC has ruined my twenty year business and while I am working hard and struggling to find other sources of work and have done so, it is only by my efforts that I may not go under. The institute should realize that unless you DO SOMETHING NOW, it will be too late for many more of us. Writing letters and working within the legislation is not working and will not.