In last week’s email I reported these results:
With few new people currently entering the appraisal profession, do you foresee a shortage of appraisers at some point?
Yes, in the next few years. 2,705 votes 47%
Yes, but it=s probably years down the road. 1,603 votes 28%
No, I don=t think we will see a chronic shortage. 1,137 votes 20%
Not sure. 253 votes 4%
Total votes: 4,818
This is a followup to that poll
As a follow up, do you think the future shortage of appraisers will affect fees and turn times?
Yes, at some point it will. 3403 vote (70.6%)
No, I don’t think it will have much effect. 663 votes (13.8%)
No, I don’t think we will see a chronic shortage. 528 votes (11%)
Not sure. 224 votes (4.6%)
Total Votes: 4,818
Fees and turn times must be impacted. Too bad it takes a shortage of appraisers and not a concern for quality to get it done.