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#obsoleteEducation

Education Stagnation Repudiation?

Appraiser education is about a proven and “well-established” process!  Developed nearly 100 years ago!  The idea is to balance demand on supply, then explain where the subject fits. 1930s:  Find some comps, compare, conclude. 2000s:  Pick some comps, adjust to fit, conclude. Yesterday:  Pick good comps, adjust, adjust, conclude. The embedded old ways obstruct modern […]

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Is Appraisal Obsolete? Part 4: Education

If education regurgitates only prior ‘established, time-tested’ methods, nothing happens. This is the fourth in our series on how progress in appraisal is stymied by the five frictions:  process, standards, education, client expectation, and regulation.  We will end this series after the new year with a simple, yet comprehensive, mystery solution. Stale education perpetuates appraisal […]

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