My prediction on 3.6

[Dublin ohio]

I'd been in the business longer than you.

Just goes to show that tenure doesn't equal knowledge

 

[Fernando]

Just goes to show that tenure doesn't equal knowledge

Gladwell said it takes 10,000 hours of practice to be skill in what you do. I passed that years ago.
You still need couple more thousands of hours to be competent.

 

[Dublin ohio]

Gladwell said it takes 10,000 hours of practice to be skill in what you do. I passed that years ago.
You still need couple more thousands of hours to be competent.

33 years, easily a thousand hours a year. Do the math if you can

 

[Fernando]

33 years, easily a thousand hours a year. Do the math if you can

But isn't your assignments all cookie cutters.

 

[Dublin ohio]

But isn't your assignments all cookie cutters.

Well, I do a lot of rural, something you admit you don't. No such thing as a rural "cookie cutter. Or the 146-year old Italianate with an inground saltwater pool and not a single comparable with a pool in the last 4 years. I do get a few every now and then that one might consider a cookie cutter, but those are usually condos

 

[Fernando]

Well, I do a lot of rural, something you admit you don't. No such thing as a rural "cookie cutter. Or the 146-year old Italianate with an inground saltwater pool and not a single comparable with a pool in the last 4 years. I do get a few every now and then that one might consider a cookie cutter, but those are usually condos

I give you kudos in doing rural. Something I'd never done.
Terrill, wherever he is and hope his health is doing well, had a specialty which few appraisers can do.

 

[GWISC]

Well, I do a lot of rural, something you admit you don't. No such thing as a rural "cookie cutter. Or the 146-year old Italianate with an inground saltwater pool and not a single comparable with a pool in the last 4 years. I do get a few every now and then that one might consider a cookie cutter, but those are usually condos

I think nearly all rural properties are unicorns.

 

[Essexfenwick]

Many clients care about quality...FNMA/Freddie/FHA do not...its not their money. We all cannot rely on the 30% of lender work /portfolio work coming from clients that want quality.

The SRAs and MAIs will be the survivors in a profession of drastically reduced numbers of practitioners.

This trajectory was obvious to me when appraisal and the entire financial services industry transitioned into the internet. Surprised it has taken this long. If a good portion of your work product involves sitting in front of a computer and manipulating data obtained from the Internet then you are highly vulnerable.

 

[Non Sequitur]

The SRAs and MAIs will be the survivors in a profession of drastically reduced numbers of practitioners.

If that's the trajectory, there will be no profession.

 

[Surf Cat]

My prediction as an appraiser.... use AI or perish and die....