Nars "the Future Of Appraisal"

[Evincere]

Interesting to show that only 34% of respondents to the survey completed 300 or more appraisals per year.

Another interesting note: Nearly two-thirds of respondents indicated that compensation was unchanged over the past 12 months. This is in contradiction to our market area in the State of Washington where fees have increased across the board.

Can you cry MOOOOOO?. You are IN a COW state.

 

[Evincere]

An interesting read. I don't think we will see a ton of new entrants into the field. All the news is negative. Even this article by the NAR. If I were thinking about becoming an appraiser, I would move on from that idea after reading that article.

All the ideas about alternative tracks to certification, USPAP changes, use of trainees and so on all miss the mark.

People are not coming into the field because the perception is that appraisal work has a bleak future, offers very little stability, no benefits and low pay. The upside many people like is the self employment aspect. But, that only goes so far.

Well. Sure. If they keep writing those negative articles they will send us the way of the buggy whip. But Gee. Why would NAR want to do that?

 

[Evincere]

An interesting read. I don't think we will see a ton of new entrants into the field. All the news is negative. Even this article by the NAR. If I were thinking about becoming an appraiser, I would move on from that idea after reading that article.

All the ideas about alternative tracks to certification, USPAP changes, use of trainees and so on all miss the mark.

People are not coming into the field because the perception is that appraisal work has a bleak future, offers very little stability, no benefits and low pay. The upside many people like is the self employment aspect. But, that only goes so far.

Well. Sure. If they keep writing those negative articles they will send us the way of the buggy whip. But Gee. Why would NAR want or have any interest to do that?

It would be interesting to see a NAR survey where their Realtors were polled as to how many of their members deals Appraisers after submitting reports to the Lenders required renegotiating or just plain blew back to a relist for lack of borrower qualifying for financing - due to overpriced listings.