1 hr 7 min
The “Cobra Effect”, Incorporation By Reference & The Appraisal Profession Contributory Value with Mark “Skap” Skapinetz
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- Business
In this episode, we caught up with appraiser and author Jeremy Bagott.
We expected to encounter a hard-edged industry reformer who would take us deep into some weed bed we didn’t want to be in. But by the end of the interview, we had the feeling that Bagott, to the extent anyone can truly know these things, was a regular guy. (This is true. I am a “regular guy.”)
His 2020 book, “Dispatches from the Cosmic Cobra Breeding Farm,” sounded a clarion call – a throwdown if you will. He exhorts appraisers to be like activist shareholders who own stock in a company that is found to be squandering precious capital on golden handshakes and corporate perks.
He paints the Appraisal Foundation and its tiny government patron, the Appraisal Subcommittee, as a decades-old meal ticket for a couple dozen bon-vivants who have created a lucrative fiefdom. He asks appraisers to see the Appraisal Foundation, a tiny 501(c)(3) nonprofit, as a Disney-like rights-management operation that has attached itself, along with its growing number of copyrighted products, to an entire profession. The organism then plows back some of its time and money into gaining further influence and further cementing its standing.
Bagott was getting back to work reviewing reports for a pipeline easement project when we caught up with him at his office in Ventura, California, a short drive from where he grew up in the San Fernando Valley, which he describes as “Levittown West.” As a kid, he daydreamed about being a game warden in Wyoming or piloting the Goodyear Blimp. As a teen, he had what he described as “problems adjusting,” got into trouble with the police and ended up joining the Marines.
NOTE: By accessing this Podcast, you acknowledge that the Host/Podcast makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information and entertainment purposes only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, the Host/Podcast does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of the Host/Podcast. The Host/Podcast assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein.
In this episode, we caught up with appraiser and author Jeremy Bagott.
We expected to encounter a hard-edged industry reformer who would take us deep into some weed bed we didn’t want to be in. But by the end of the interview, we had the feeling that Bagott, to the extent anyone can truly know these things, was a regular guy. (This is true. I am a “regular guy.”)
His 2020 book, “Dispatches from the Cosmic Cobra Breeding Farm,” sounded a clarion call – a throwdown if you will. He exhorts appraisers to be like activist shareholders who own stock in a company that is found to be squandering precious capital on golden handshakes and corporate perks.
He paints the Appraisal Foundation and its tiny government patron, the Appraisal Subcommittee, as a decades-old meal ticket for a couple dozen bon-vivants who have created a lucrative fiefdom. He asks appraisers to see the Appraisal Foundation, a tiny 501(c)(3) nonprofit, as a Disney-like rights-management operation that has attached itself, along with its growing number of copyrighted products, to an entire profession. The organism then plows back some of its time and money into gaining further influence and further cementing its standing.
Bagott was getting back to work reviewing reports for a pipeline easement project when we caught up with him at his office in Ventura, California, a short drive from where he grew up in the San Fernando Valley, which he describes as “Levittown West.” As a kid, he daydreamed about being a game warden in Wyoming or piloting the Goodyear Blimp. As a teen, he had what he described as “problems adjusting,” got into trouble with the police and ended up joining the Marines.
NOTE: By accessing this Podcast, you acknowledge that the Host/Podcast makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information and entertainment purposes only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, the Host/Podcast does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of the Host/Podcast. The Host/Podcast assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein.
1 hr 7 min