Attracting New Career Professionals

By Michael Dresden, President, Dart Appraisal

This article originally appeared in National Mortgage Professional Magazine, December 2016

All participants in the mortgage lending industry have an interest in recruiting new talent to our respective professions and specialty areas. While the pace of new entrants to the appraisal profession has slowed in recent years, many observers feel that the availability of quality appraisers for the assignments at hand is now in balance. As a result, our ability to produce a quality work product is in no way threatened.

Regardless, from our vantage point as a fully national appraisal management company (AMC), we believe that there is a distinct possibility in the coming decade that we will not have enough experienced appraisers for the anticipated workload.

Factors for this assessment include a steady rise in the average age of real estate appraisers, natural attrition from the profession and a more difficult path to entering the appraisal profession. It is imperative that the mortgage lending industry, as a whole, studies these trends and finds ways to encourage quality individuals to pursue a career in real estate mortgage lending and, in particular, residential real estate property appraisal.

Read the full article here.