A family was selling the parents home and did not realize the lot next door was a separate lot with a separate PIN and could be sold on its own. Getting an appraisal before you list a home for sale can be critical.
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I was in the north shore area yesterday doing an inspection for a divorce case. In this price range it can not be overstated how important it is to have someone who has experience in this situation.
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The Appraisal Qualifications Board (AQB) is an independent board within The Appraisal Foundation, a non-profit organization in the United States. The AQB establishes the minimum education, experience, and examination requirements for real estate appraisers in the U.S.
The AQB sets the standards for licensure and certification of real estate appraisers, ensuring that they possess the necessary knowledge and skills to provide accurate and reliable appraisals. They develop and maintain the Uniform Standards of Professional Appraisal Practice (USPAP), which is the recognized set of ethical and professional standards for appraisers in the U.S.
For 31 years this has been a part of my appraisal career.
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The average age of appraisers can vary depending on the specific country, region, or industry. In many countries, such as the United States, the appraisal profession has been experiencing an aging workforce, with a significant number of appraisers reaching retirement age.
In the United States, for example, according to a 2020 Appraisal Institute survey, the average age of a real estate appraiser was around 55 years old. This indicates that many appraisers were nearing retirement age at that time. The survey also revealed that there was a lack of younger individuals entering the appraisal profession, leading to concerns about a potential shortage of appraisers in the future.
It's worth noting that the situation may have changed since 2020, and there may have been efforts to attract younger professionals to the field. To obtain the most up-to-date information on the average age of appraisers, I would recommend consulting industry reports, surveys, or contacting relevant professional organizations that specialize in appraisals in your specific country or region.
I have 33 years of experience in appraising which is very important when selecting an appraiser.
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