Had a discussion today with the executive director of the Hawaii Appraisal Board. They voted recently to start allowing Appraisal Qualifying education via distance learning due to the lack of in-class courses.
Even in the depressed economic conditions there are still people wanting to enter the real estate and appraisal professions. Hawaii changing the rules is just another example of the migration from in-class to online education.
Economics of in-class education are having a dramatic effect on the choices "new blood" have for entering the real estate profession and our regulators need to wake up and pay more attention to the quality of offerings provided the new entries. As with a home, building a solid education foundation from the beginning significantly impacts how wel you succeed as an agent or appraiser.
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