Year To Year Nc Appraiser Countdown By 126

[Bob Ipock]

NC Appraiser Count down by 126 08/2015-08/2016


NCAB appraiser count 08/05/2016

Certified general – 1233


Certified residential – 1898


Licensed residential – 83


Trainee – 318


Total – 3532



Last year 08/05/2015 (aprox)


Certified general – 1284


Certified residential – 1960


Licensed residential – 86


Trainee – 328


Total – 3658

 

[Meandering]

customary and reasonable fees.

Wait until renewal fees double because they keep losing appraisers.

.

 

[David Beasley]

Wasn't there a time in the recent past when we had like 4000 or 4200 appraisers here?

 

[Bob Ipock]

Wasn't there a time in the recent past when we had like 4000 or 4200 appraisers here?

David, the highest number I have seen was 4,600 on 12/27/07. I finished my last pre=license cources 12/07. There were no jobs out there and I just could not take money from students knowing most would never find a supervisor.This was the result of people trying to get in before the 01/01/2008 changes. So since the 4,600 we are down to 3,532. That is about a 23.5% decline in numbers Of couse we no longer have droves of people coming in to balance the number of those leaving the business. Keep in mind we have gone through a severe recession where many already licensed, certified or trainees could not find a position. . Of couse we no longer have droves of people coming in to balance the number of those leaving the business.

 

[David Beasley]

Wow, so it is worse than I thought. I was doing my best to recall the figure, but it seemed well above 4000. As to replenishment appraisers for those of us aging out, burning out, or simply wanting out, I see stories all over the appraisal trade mags and websites about the dire situation - its underlying causes, and all the various fixes they're looking at to soon try...none of any of which sound like good answers to me, but that's none of my business.

Thank you for the info though - I got rid of all of my printed "AppraiserReports" some time ago so I had no way to go back and see what our peak number was.

 

[Bob Ipock]

Wow, so it is worse than I thought. I was doing my best to recall the figure, but it seemed well above 4000. As to replenishment appraisers for those of us aging out, burning out, or simply wanting out, I see stories all over the appraisal trade mags and websites about the dire situation - its underlying causes, and all the various fixes they're looking at to soon try...none of any of which sound like good answers to me, but that's none of my business.

Thank you for the info though - I got rid of all of my printed "AppraiserReports" some time ago so I had no way to go back and see what our peak number was.

You can still go back many years and read them online at the NCAB website.

What people do not understand is you can't have 10,000 more appraisers when the the demand goes way down. The reality is lenders just need to understand that 5 day or less turntime is not possible all the time.

 

[Michigan CG]

5 day or less turntime is not possible all the time

Five days? I am at 25 days.

 

[Eli]

customary and reasonable fees.

Wait until renewal fees double because they keep losing appraisers.

.

C&R my butt. It is the oligopsony market structure which is breaking Sherman Anti Trust law!

 

[David Beasley]

Five days? I am at 25 days.

Yeah, the VA (bless their hearts) does "give" us 7 business days on originations - but they do only give us 5 for foreclosures. I won't go into how bass akwards those turn times are relative to their difficulty...but like you said, we could all use more than 5-7 days.

Conspiratorially speaking, I think this is all on purpose. Pay us too little, push us too hard, for too long, and eventually we'll all quit and the powers that be will finally get to use their black box AVMs for every valuation they need.

 

[Eli]

You can still go back many years and read them online at the NCAB website.

What people do not understand is you can't have 10,000 more appraisers when the the demand goes way down. The reality is lenders just need to understand that 5 day or less turntime is not possible all the time.

It's bigger than that. Oligopsonistic competition (the oligopsony) either has to be dismantled or C&R has to get to where it attracts new applicants.