Real Estate Analysis and Commentary in Indianapolis

January 18th, 2020 5:22 AM

2020 is going to be challenging with many changes in the industry. As we reflect on the past, the changes we have seen and the growth we have endured, our hearts are warmed with the accomplishments we have obtained. Appraisers are no longer sitting back and letting others dictate our future. Have we won every battle, no; but our voices are being heard and our regulators are taking notice. Legislators, consumer groups and even Realtors are speaking up in favor of the licensed professional appraiser.

This begs the question, are appraisers really professional? According to Webster’s Third International Dictionary a profession is

“A calling requiring specialized knowledge and often long and intensive academic preparation.

And a professional is 

“engaged in one of the learned professions characterized by or conforming to the technical or ethical standards of a profession; exhibiting a courteous, conscientious, and generally businesslike manner in the workplace.

Yes, Appraisers are professionals. We receive specialized knowledge and endure long and intensive academic preparation to become licensed. We go further and continue our education each year to continue to grow our knowledge and skills. We follow the Uniform Standards or Professional Appraisal Practice, which consists of both technical and ethical standards and we (most anyway) are conscientious and business like each and every day.

Looking forward into 2020 and beyond, Appraisers ask that you consider the definition of a profession and professional. What goals have you set to become a more rounded appraiser this year? What classes have you signed up for and what books are you going to read? Review your business plan. Who are your customers? How do you obtain those customers? Take a look back at your 2019 business goals. Did you meet them? If not, what were the reasons? What changes do you need to make personally and professionally to meet your goals?

Let’s grow as a profession in 2020!  Be informed. Stay informed.

Appraisers across the country must  ascend to the next level of professionalism and wishes you a prosperous 2020.


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Posted by C. A. Klemme on January 18th, 2020 5:22 AMLeave a Comment

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