Appraisers don't exhibit. We don't provide a list of attendees on the site. We are on target to exceed last years numbers of 600. You do provide a list of sponsors and exhibitors which looks like a big list of the same companies that I hang up on regularly. I really don't care what anybody from PCV or Corelogic has to say.
Why should you attend? .....because you will have the best line up of speakers available anywhere. With UAD fresh on your mind hearing from the GSEs would be relevant. Lenders will address their most important emerging issues. The only reason I have considered attending would be so that I could write off a trip to vegas.
Most appraisers are able to network and return home with significant clients. Surely you aren't serious. I don't want clients like Kirchmeyer, Corelogic and Pro Teck. If I did want those types of clients, I could easily get them by filling out an online application and cutting my fees in half. No thanks. Yes, there are plenty of lenders there. Lenders that use AMCs. Usually there are some cool new products coming out of the exhbitors as well. I have another couple years before I need a new disto.
So at a minimum you will get 14 hrs of CE and connect with fellow appraisers. At best you will soak in the knowledge and return home better informed than your competitors and with newe clients intact. It is really up to you how you leverage the experience.
As for the cost it is customary and reasonable. I go with cost plus and try not to lose any money. Yes it is expensive but it is what it is. A can of coke costs $5.00, coffee $11.00. I must add 27% taxes and gratuity to all things. It is a union town. I can't move a box myself I must pay the union to move a box.
Vegas however is an inexpensive location....easy to get to and hotels are cheap. New Orleans is my most favorite city and we were the first event at the Roosevelt and were able to get a $99 room rate for a 4 star hotel. We will never be able to do that again. We would love to go east but the hotel expenses are not reasonable even in this economy. The Baltimore Harbor would be a blast.
We are considering doing a mid year event next year and that may be in either Dallas or San Antonio. We may return to two events a year with the mid year event being lender sponsored. Format will be focused on training from lenders. A lot will be focused on default space. Unfortunately that is the growth industry for appraisers.