Real Estate Appraisers Optimistic About Future

Eighty percent of residential appraisers and 78 percent of commercial appraisers said they’re upbeat about their future, according to a survey conducted in May-June by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

• 95 percent of residential appraisers and 49 percent of commercial appraisers said there is more demand for their services than there was one year ago
• 84 percent of residential appraisers said their local residential real estate market is strong
• 46 percent of commercial appraisers said their local commercial market is strong
• 86 percent of residential appraisers and 55 percent of commercial appraisers said demand for their services is strong
• 32 percent of residential appraisers and 45 percent of commercial appraisers anticipate more demand for their services during the next one to two years.

© 2013 Florida Realtors®