Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? 

Welcome to another insightful episode of Indispensable Appraisers! 

My conversation with Dr. Randy Flowers - RSDS Appraisal Diversity.

Dr. Flower's insights:

• RSDS was created to help try to solve the 30-plus year problem in the appraisal profession, which is a barrier to entry.

• The current system right now lacks youth diversity inclusion of military service members.

• We will have a labor shortage when the market turns around.

• Right now the market's down 70%, but it won't take much of a snapback to feel that labor shortage.

• In the last 3 years over 7,000 licenses are no longer with us, and that's a pretty steep decline.

• This system has also created poor service levels, long wait times and issues for people trying to get appraisals.

• As technologies come in, bifurcated products have come in, but the RSDS solution is to aggressively hire and train the next generation of professional appraisers.

• Just broke the 200th appraiser in the company. We've graduated almost 45 trainees in the last year.

• A lot of money going into lack of diversity - Chase $5.0M, Wells Fargo $6.M.

• We've got to continue reestablishing trust in the financial sector.

• New appraisers are shocked at how much technology still needs to be developed in the profession and access to the data.

Let’s start this conversation. Just call my cell 813-230-3798 or e-mail me [email protected]. Subscribe to our weekly blog: https://realwired.com/blog/ 

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