Protectionist industries?

[Forkyfinder]

What lines of work seem to unjustifiably have a long training or certification?

 

[belshawelk]

Could be a specialty doctor or lawyer. Could be 15 plus years with school, certifications to reach high level of success. Let alone tremendous costs to get there. $200k is not out of the norm just to get there.

 

[Rack Daniels]

Massage therapist
“Doctor” (not surgeons)- run an xray, stab your IV several times, feed you pills and charge you a grip of cash.

Will add more as they come to mind

 

[Forkyfinder]

Could be a specialty doctor or lawyer. Could be 15 plus years with school, certifications to reach high level of success. Let alone tremendous costs to get there. $200k is not out of the norm just to get there.

Massage therapist
“Doctor” (not surgeons)- run an xray, stab your IV several times, feed you pills and charge you a grip of cash.

Will add more as they come to mind

Idk. I feel like docs and lawyers do need education.

Home appraisers is one that gets me

 

[JohnCushman]

Midget stripper....

 

[Forkyfinder]

Midget stripper....

Lol no training/cert required... some people come by their profession naturally

 

[mtmuley]

Home appraisers is one that gets me

Yeah. Inspectors also. I agree. But, I have been building homes for over 35 years. I think I am qualified to be an inspector. I want my appraiser to spit out the biggest number though. mtmuley

 

[kodiakisland]

Could be a specialty doctor or lawyer. Could be 15 plus years with school, certifications to reach high level of success. Let alone tremendous costs to get there. $200k is not out of the norm just to get there.

My daughter just finished her residency last month and will start her first real job in August. 30yrs old and has spent her life in academia. It shows.

She will be working the ERs of Vegas, so some of you may get to meet her. We'll see if the long training was adequate.

 

[Forkyfinder]

Yeah. Inspectors also. I agree. But, I have been building homes for over 35 years. I think I am qualified to be an inspector. I want my appraiser to spit out the biggest number though. mtmuley

First time i bought a house i learned about it. I had thought i bought a great property under value (offer was accepted at 4% less than asking, with sellers covering cc). Figured i would be rid of my terrible PMI even faster.

Come to find out - its basically a big scam and the numbers get worked to a palletable number close to the purchase price. Essentially a direct quote from my mortgage lender.

After getting an 800 dollar bill fot editing a spreadsheet that i could have made in a few hours, that was essentially "edited" for comparables - i thought it sounded like a sweet gig. Espeically on the sidr. And it is. Cause they dont let anyone in.

 

[brymoore]

First time i bought a house i learned about it. I had thought i bought a great property under value (offer was accepted at 4% less than asking, with sellers covering cc). Figured i would be rid of my terrible PMI even faster.

Come to find out - its basically a big scam and the numbers get worked to a palletable number close to the purchase price. Essentially a direct quote from my mortgage lender.

After getting an 800 dollar bill fot editing a spreadsheet that i could have made in a few hours, that was essentially "edited" for comparables - i thought it sounded like a sweet gig. Espeically on the sidr. And it is. Cause they dont let anyone in.

Technically, your purchase price would be the market value even if you negotiated a great price. The appraiser is trying to justify your price to a certain extent.

I’ve seen appraisals go both ways too. Appraisers were under bidding all sales prices during the first part of the Great Recession. The last part of the crazy rising market the appraisers weren’t going up as fast as the market. It created LTV issues for borrowers.

 

[Forkyfinder]

Technically, your purchase price would be the market value even if you negotiated a great price. The appraiser is trying to justify your price to a certain extent.

I’ve seen appraisals go both ways too. Appraisers were under bidding all sales prices during the first part of the Great Recession. The last part of the crazy rising market the appraisers weren’t going up as fast as the market. It created LTV issues for borrowers.

They shouldnt know the purchase price - if they do - the whole exercise is a waste of time. This was almost 10 years ago - for more context.

 

[Carnage2011]

They shouldnt know the purchase price - if they do - the whole exercise is a waste of time. This was almost 10 years ago - for more context.

Every property I’ve purchased has miraculously come in at the purchase price or exactly 1k over. Appraisals are a rip off…

 

[Forkyfinder]

Every property I’ve purchased has miraculously come in at the purchase price or exactly 1k over. Appraisals are a rip off…

Dude. . .exactly 1k

 

[Wildabeest]

Yeah. Inspectors also. I agree. But, I have been building homes for over 35 years. I think I am qualified to be an inspector. I want my appraiser to spit out the biggest number though. mtmuley

My experience with inspectors is that many are washed up contractors who couldn’t make it on that side and have a bit of an axe to grind. Limited sample size, so hopefully I’m wrong.

 

[Chingon]

Barbers.

The first step toward a license is graduating from a barber training program. The New Mexico Board requires that you complete a program of 1,200 training hours. The Board also requires that the school meet the following training hour criteria:

• Barbering Theory – 75 hours
• Sterilization, Sanitation, Bacteriology – 75 hours
• Shampoo, Rinses, and Scalp Treatments – 75 hours
• Chemical Rearranging – 200 hours
• Hairstyling – 150 hours
• Hair Coloring – 125 hours
• Hair Cutting and Beard Trimming – 250 hours
• Facials – 175 hours
• Salon Business, Retail Sales – 50 hours

Once you complete this education, you have 24 months to apply for a New Mexico barber license. If you do not apply within 24 months, your training hours may become void. If this happens, you will need to complete another 150 hours of remedial education.

 

[seeth07]

Barbers.

The first step toward a license is graduating from a barber training program. The New Mexico Board requires that you complete a program of 1,200 training hours. The Board also requires that the school meet the following training hour criteria:

• Barbering Theory – 75 hours
• Sterilization, Sanitation, Bacteriology – 75 hours
• Shampoo, Rinses, and Scalp Treatments – 75 hours
• Chemical Rearranging – 200 hours
• Hairstyling – 150 hours
• Hair Coloring – 125 hours
• Hair Cutting and Beard Trimming – 250 hours
• Facials – 175 hours
• Salon Business, Retail Sales – 50 hours

Once you complete this education, you have 24 months to apply for a New Mexico barber license. If you do not apply within 24 months, your training hours may become void. If this happens, you will need to complete another 150 hours of remedial education.

Yup, this thread can end. That takes the cake

 

[thusby]

The New Mexico barbers had some high power lobbyists. That’s one way of limiting new competition.

 

[Bonasababy]

Idk. I feel like docs and lawyers do need education.

Home appraisers is one that gets me

Not in South Dakota!

 

[Bonasababy]

They shouldnt know the purchase price - if they do - the whole exercise is a waste of time. This was almost 10 years ago - for more context.

I am not understanding you. If the house sells for the figure you had listed as an appraised price by your appraisor, I'd say the appraisor was right on the mark. Their main use is not telling you what it will sell for, but help frame where your initial asking price should be.

Our last place sold for right on appraised as well. Great neighborhood and decent shape but with a few issues--we were very happy with that. The one before that we got a tad more than the appraisal. One good housing market sale, one not so good.

Last place we had an appraisal on was for a shared property that I and a few others were getting out of, the agreement in place was anyone wanting to retain it had to buy the others out. They balked at the price we set based on our appraisal, did their own appraisal, and refused to tell us what that appraisal said (which was their right but pretty much told us they were being dicks about nickel and diming the value down--no surprise). We wanted out regardless and the value had gone down in our eyes due to adjacent building and a jerk next door.

 

[Steiny77]

Teachers. College degree required to teach toddlers, shop classes, PE, art, etc. in public schools.
I can understand you may need the education to teach biology, algebra, etc. but it's certainly not necessary for a lot of teaching.

Also, all the ridiculous contractor licensing at various city. county and state levels. I can see it for electricians and plumbers as that stuff can pretty easily be life threatening, but not necessary for a lot of other aspects.
It's just another tax and doesn't seem to weed out the hacks anyway.