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What impact will the Appraisal Institute Commercial Database have on appraisal fees in general?

April 26, 2017appraisal Commercial database fees impact Institute

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What impact will the Appraisal Institute Commercial Database have on appraisal fees in general?

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The value that Appraisal Institute members provide to their clients is the quality of their analysis, not just their data. Once an appraiser has the data, they still need to know what to do with it. As exclusive data contributors, Appraisal Institute members will also experience higher recognition and standing in the industry which should serve to bolster fees.