Jim Amorin resigned as CEO of the Appraisal Institute, a key lobbying group for the appraisal business, on Thursday. He will leave on February 14.
Jonathan Miller is one appraiser who will miss him.
Miller Samuel, the head of appraisal firm Miller Samuel, which has become known for the market reports it compiles for brokerage Douglas Elliman, regularly criticized Amorin’s policy decisions and behavior, going so far as to call him “blatantly corrupt” and his supporters “sycophants.”
“I don’t know whether Jim Amorin was a good appraiser, but I do know from his actions that he has both an excellent authoritarian skill set and [an] affinity to take over an institution,” Miller wrote in his weekly Housing Notes column last year.
He also questioned Amorin’s pay as the group’s membership dropped from just over 20,000 in 2014 to less than 17,000 today.
According to a note given to members by Jody Bishop, the organization’s president, Amorin is departing to seek other opportunities. The board of directors announced that it would begin looking for a replacement immediately.
Amorin was president of the Appraisal Institute twice and received accolades from the organization in 2012 and 2013.