The number of qualified home appraisers is declining every year — and that’s why CoreLogic and The Columbia Institute are teaming up to launch an appraiser trainee program.

The number of qualified home appraisers is declining every year — and that’s why property analytics provider CoreLogic and valuation training firm The Columbia Institute are teaming up to launch an appraiser trainee program.

According to Tracy Sanderson, the CoreLogic vice president who will be leading the program, the average licensed home appraiser is 55 years old — a number that is greatly affecting the future of the industry.

The new program will offer a series of online and in-person classes and practice opportunities that participants can complete to become licensed as an appraiser.

“There are a number of barriers that home appraisers still face before joining the profession,” Sanderson told Inman. “We hope to make it easier for those who are interested to become licensed and start conducting independent property valuations.”

While the program will eventually branch out nationwide, CoreLogic and The Columbia Institute are now specifically targeting six markets that have seen a particular dearth of home appraisers: California, Washington, Colorado, Texas, Minnesota and New Jersey. The first set of trainees will begin classes by the end of the summer.

As part of the curriculum, the trainees will learn service principles and how to use data and analytics along with new technologies to appraise a home quickly and accurately. To get the program rolling, The Columbia Institute will target young graduates and military veterans with potential interest in a new career as a home appraiser.

“We are hoping to create a pipeline that will create more qualified home appraisers across the country,” Sanderson said. “This will benefit the housing market by giving the industry more qualified professionals for years to come.”

Email Veronika Bondarenko

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×