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Realtors and Appraisers...We both face one huge obstacle!
There has long been an issue of relationships between Realtors and Appraisers and many times that relationship has been adversarial, because Realtors are trying to sell homes, get buyers into homes and get to the closing table to earn a living.
Appraisers are seen as one of the obstacles to making this happen! Remember our sole purpose is to protect the Lender from lending risks and in turn, protect the Buyer from overpaying on a home. We have no reason to "Kill Deals" nor do we want to. Sure there are plenty of stories about BAD Appraisers and Appraisal Reports, but lets be honest as that can also be said about Realtors...Moving on to the point here. We BOTH face an uncertain professional future.
If you Google "are Realtors or are Appraisers needed" you will be bombarded with search results that basically say we both will lose our profession due in large part to technology and a more streamlined buying process. I have been an Appraiser for 25 years and ever since I got into the business, we heard our jobs will be taken away by Zillow or AVM's (Automated Valuation Models), etc. Realtor's are faced with Zillow, Open Door, Knock.com, etc. THE BOTTOM LINE: BOTH ... more
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