Wednesday, October 17, 2007

Why Not Real Estate Appraisal As A Career?

A lot of my friends have been bugging me recently, about writing an article that lets people know how great it is to be an evaluator. Knowing me they know I love to write blogs, and since I am an evaluator, they are astounded I don't write a whole lot about it. Not even sure why it never dawned on my before, I'm going to start. The industry is changing as a result of the disorder in the housing market.

The powers that be are ratcheting up requirements. In every state, not just a single state. They are trying to regulate licensing, testing, etc. Any time an industry goes through such radical change there is a big turn over in the professional inhabitants, and this is no different. There is a percentage of people out there who just feel they are past the time to keep up on the higher educational requirements - and chose to give up work. There is already a pending catastrophe shortage of commercial appraisers, and residential appraisers will soon follow.

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