Last week I wrote a post on Matrix called [Shortsighted] Appraisal Institute Decides To Leave Appraisal Foundation where I expressed my frustration at the rift between The Appraisal Foundation and one of its sponsoring organizations, The Appraisal Institute. I thought high drama was the purview of real estate brokers and economists. The situation seemed to have morphed into a he-said, she-said type debate. I am concerned that in a time of unprecedented housing market turmoil we are left with no leadership as an industry and no ability to participate in the debate to shape our future.
To my surprise David C. Wilkes, Esq., CRE, FRICS, Chairman of The Appraisal Foundation commented:
Well balanced views and comments on the matter, Jonathan. I’m seeing quite a lot of misinformation and misstatements of the facts (in some cases amazingly far from the truth) among the online discussions and emails out there. I am happy to speak directly to any appraiser groups that may have concerns or questions and clear up any confusion.
Not able to let a podcast guest opportunity to pass me by, I reached out to David to have a conversation. He agreed and I very much appreciated his candor and clarity. Among his many accomplishments, David is
I will be extending an offer to the Appraisal Institute to present their views on this issue as well.