Even with the myriad challenges in today's residential and commercial real estate markets, the percentage of appraisers with a certification is at an all-time high, according to Appraisal Institute research. However, because more than half of appraisers in the U.S. are age 51-65, and since many have left the industry in recent times, there needs to be a concerted and strategic effort to attract younger individuals into the profession.
One of the most common questions I am asked as The Appraiser Coach is, "I want to become an appraiser. How do I find someone to train me?" It often comes from wanna-be appraisers who feel saddened and defeated by their perception of the current system. They want, more than anything, to become a real-estate appraiser but see the numerous hurdles to their goals as almost insurmountable.
A look into the difficulties of being a trainee in the current appraisal environment