Appraiser Trainee Hiring to Remain Weak: Appraisal Institute Survey
CHICAGO (Aug. 14, 2013) – Hiring of appraiser trainees will remain weak for the next one to two years, according to a recent survey conducted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers. About one-fifth (21 percent) of commercial appraisers said they would add full-time trainees; fewer than one-tenth (9 percent) of residential appraisers said they would do so, according to the survey of U.S. real estate valuation professionals conducted in May-June. Commercial appraisers account for less than one-third of practicing U.S. appraisers.