How the Appraiser Shortage Harms Rural Communities and Young Farmers




ABA Banking Journal Podcast show

Summary: The latest episode tackles the shortage of qualified appraisers -- especially in rural areas. Shan Hanes of Heartland Tri-State Bank in Elkhart, Kan., discusses how high demand for appraisals means that his clients face long waits. In addition to the opportunity cost of delayed investment, he explains, it also harms younger agricultural borrowers. ABA's Sharon Whitaker outlines some of the efforts ABA has taken to address the appraiser shortage and minimize its negative effects.