appraising

With the housing market in turmoil, and Law Suits flying in every which direction by people trying to make someone else responsible for their choices there is a new law coming which will treat some symptoms but it won't resolve the problem.

Normally I try to keep my profession (Residential Appraising) out of the blogs because so much of what I do deals with opinion. Before I go any further into this let me acknowledge that as in any Profession or Vocation there are bad apples. I am not one of them.  There is more then one way to arrive at a value and not everyone learns all of them, nor in the same way.  Competition is stiff in my field, our company has trained many an Appraiser who at the end of their training when they can go it alone end up taking some business and then becomes competition.  There are some in this industry who acheive increasing their own business by backstabbing others.