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SHOULD YOU CONSIDER AN APPRAISAL CAREER?
OPPORTUNITY
The equine appraisal profession has experienced rapid growth in the last
10 years.
Appraisers are being increasingly recognized
as professionals.
The financial rewards are comparable, on average, to such professions as
law and accounting.
The business is not affected so greatly by economic
cycles.
Equine appraisers can choose to specialize in
a particular breed or type
of horse.
RECOGNITION
Efforts by the American Society of Equine Appraisers have established greater
awareness of the role of equine appraisers. Equine appraisers are recognized
as professionals who perform a vital service. A distinction that has been
earned rather recently.
REWARDS
Surveys have indicated that the average
compensation of experienced equine
appraisers is comparable to that of architects and accountants among the
various professions. This greater recognition has reduced resistance to charging
appropriate fees and salaries.
STABILITY
When economic cycles force horse prices down; trainers, breeders, and brokers
suffer substantially more than appraisers. While fewer and fewer sales are
made, appraisals are still needed for banks, insurance companies, attorneys,
estate settlements, partnerships, bankruptcies, divorces, I.R.S., and F.D.I.C.
Although some appraisals may be lost during a recession, the field generally
is more stable than most when the economy turns down.
COUNSELING
One of the great satisfactions for an appraiser is to be so respected for
his/her knowledge of horse values that advice, as well as appraisal information,
is requested by clients.
DIVERSITY
While many appraisers prefer to establish a reputation based on a comprehensive
knowledge of one type or breed of horse, others consider diversity an additional
challenge that the profession offers.
SUPPORT
The American Society of Equine Appraisers acts as a support group for its
membership. In addition to providing instructional materials, the staff
stands ready to answer any questions from its members. A support group is
essential to begin a career in equine appraising.
LOOKING TO THE FUTURE
The equine appraisal field is open to all qualified horse people, regardless
of sex or ethnic background. It should become increasingly attractive in
the future because it is by nature an objective field in which prejudices
and personal likes or dislikes have no place.
The horse industry will offer greater challenges to appraisers as buyers
and sellers become more sophisticated and as more people buy into the horse
business as an investment. Equine appraisers will be central figures in
providing accurate information on which to make investment decisions.
Furthermore, the equine appraisal field is by no means saturated. Most regions
need more qualified appraisers.
So give this career your attention. Let the American Society of Equine Appraisers
assist you.
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