Industry Event Housing Wire Event Event

Contact: Jacob Gaffney

What is going to happen to appraisers in 2017?

Are industry policies surrounding appraisers helping or hurting the housing industry? 

Fannie Mae recently clarified their existing policy allowing an unlicensed or uncertified appraiser, or appraiser trainee, to complete property inspection without requiring a supervisor appraiser to also inspect the property.

Will this move help address the appraiser shortage, get fees back in line and get new blood into the appraisal industry? Or will it open the flood gates to poor valuations throughout real estate sales?

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