Appraisal News and Business Tips

The future of residential appraising

This page was  last updated in the mid-2000s and is a Blast From the Past.
I have made a few minor changes.
I regularly write about the future of appraising
in my paid Appraisal Today  monthly newsletter.
 
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The future of residential appraising

Is the future of residential appraising just form filling for mortgage brokers? Is there any future for professional residential appraisers? Appraisers who can do an appraisal without being give a number to “come up with”? Appraisers who really look and highest and best use and don’t just check a box on a form saying the highest and best use is the current use?

What’s your opinion? Send an email to Ann O’Rourke, MAI, SRA (webmaster for this site) at ann@appraisaltoday.com . If you want your opinion to be posted here, include that in your email.

Proposed changes in SRA designation (fall of 2004)

Commentary on SRA changes

Now, residential appraisers holding the SRA designation from the Appraisal Institute (AI) have higher requirements than for state certified appraisers. In 2004 the AI proposed to change the requirements to match the AQB 2008 state requirements, with the changes starting 1/1/05. Is this another nail in the coffin for professional residential appraisers?