In the latest mid year numbers for Appraisal Institute membership, 15,000 members have paid their dues as of May 31, 2017. That’s 3,000 less than this year’s projected 18,000 total on their web site. AI National forecasted a 700 member drop in membership for 2017.
In all fairness, AI National could see additional sign-ups but this will be tempered by the now spirited debates surrounding their governance proposal. The key issue in front of the organization now is the “taking” policy where they announced their plans to take chapter funds last fall. This was largely done without advanced warning or membership input and their recent governance committee came up with a similar recommendation.
I assume the faster decline in membership occurred because of all the unknowns with AI National’s future or actual survival in the short term.
In the following chart, I matched up the current ASC registry totals with AI membership through the middle of the year (May for AI National and July for ASC).
Since the financial crisis, AI membership dropped by one-third while the appraisal industry fell 20.8%. The latter makes sense given the housing bubble peaked a decade ago. In what reality does a trade group’s leadership get a pass when their membership falls faster than the industry they claim to be leading?
An URGENT request to my readers: I have only been able to verify AI membership totals back to 2007 and a 25,000 total for 1995. If you have any annual membership totals by year prior to 2007, it would be greatly appreciated. I would keep the source anonymous. I am interested in comparing the AI membership trend since 1992 when the ASC registry data begins.
Tags: Appraisal Institute, AI National, ASC, Appraisal Subcommittee
“I assume the faster decline in membership occurred because of all the unknowns with AI National’s future or actual survival in the short term.”
I totally agree with you. That is also my opinion.