Housing Professionals Reluctantly Joining Labor Organizations

Appraisers in NJ and other states are discussing the possibility of joining an organization to oppose HVCC, declining fees and the dominance of "big business" AMCs.

Most appraisers have an independent spirit and the idea of an appraiser union is not very appealing to them. I suppose that the same applies to Mortgage Brokers. It certainly feels like both groups have been under attack recently and at least some appraisers are becoming more receptive to the idea of a union. They are attempting to organize as the American Guild of Appraisers, part of the Office & Professional Employee International. Mortgage brokers can be represented by the same umbrella organization.

This is not something that anybody would have imagined few years ago, but both groups have been squeezed to the limit.