By Brena Swanson | HousingWire
At the start of last year, the Appraisal Institute boasted 22,000 professionals in almost 60 countries. Fast-forward one year and the number now sits at 20,000 professionals, providing more evidence of a growing problem that is plaguing the industry.
The endangered field is top-heavy with people a lot closer to retirement than what is ideal.
While its membership levels are dropping, the Institute has maintained stable market share over time, keeping the same percentage of the appraisal pool.
