Identify industry pressure on appraisers and how it affects the outcome of property values. The results offer comprehensive data and analysis to measure the levels of risk that pressure invites. Learn the consequences that appraisers suffer if they do not comply.

Discussion Topics:

• Survey Background
• Appraisal Business Practices
• Appraisal Pressure
• Pressure Ramifications
• Recommended Appraisal Pressure Remedies
• Impact of AVMs on the Appraisal Industry
• Future Outlook of the Appraisal Industry

About the Survey:

The 2007 October Research National Appraisal Survey is the result of an electronic survey soliciting voluntary participation from certified residential and/or licensed appraisers throughout the United States. No other pre-qualifications such as years of experience or number of clients per a specified time period were used to qualify the participants.

The percentage of respondent appraisers from each state is structured to be proportional to the number of appraisers residing in each state as verified through comparison to the Appraisal Subcommittee National Registry. It is important to note that all appraisers represented in the Appraisal Subcommittee National Registry may not be actively practicing their trade.

To reach those appraisers actively practicing in their trade, invitation letters to six of the top appraisal organizations were sent requesting promotion to their membership to participate in the survey. October Research would like to acknowledge and thank the Appraisal Institute and other industry organizations that solicited their membership to actively participate in this national survey. The Appraisal Institute's membership base represents approximately 20% of the total United States appraisal population. The combined membership base of the six contacted appraisal organizations represents approximately 32% of the total United States appraisal population.

Subscribers to Valuation Review, the only independent and full-time newsroom that delivers mission critical information for lenders, secondary market executives and appraisers nationwide, were also contacted via e-mail communications and Web advertisements to participate in this survey. Valuation Review's subscriber base represents 26 U.S. states, with 75% of the circulation for e-news briefings and 55% of the print subscriber and readership base representing appraisal and valuation firms.

This survey is limited by the voluntary nature of the survey design and each survey volume's response rate. Each survey respondent is restricted by a unique identifier which permits only one completion of the survey for each volume.