Posted by: John McTighe
January 21st, 2016
There is a serious problem lurking beneath the surface in the appraisal industry. Recent statistics show that almost two thirds of the licensed appraisers in the US are above the age of 51, and without significant growth in the number of professionals entering this market, the financial services industry could soon face a shortage that will slow response times and drive up costs for consumers. This whitepaper, written by SIR’s Chief Executive Officer Lee Howlett, explores the underlying causes which have caused fewer young professionals to choose this industry, and identifies several steps that could be taken to stabilize the situation.
This information provides essential details for executives in the lending industry.