During a recent meeting of the Northern Marianas Commonwealth Legislature, discussions highlighted a pressing issue regarding the future of the appraisal profession in the region. As several seasoned appraisers approach retirement, concerns about the lack of new talent entering the field have emerged, prompting calls for action to cultivate a new generation of appraisers.

One participant noted the limited number of appraisers currently on the island, emphasizing that only a few professionals are available to meet the growing demand for appraisal services. With the impending retirements of experienced appraisers, the need for a sustainable workforce in this sector has become critical. The high cost of hiring appraisers from off-island further complicates the situation, making local training initiatives essential.

The discussion also pointed out the absence of local educational providers offering appraisal courses. This gap in training opportunities has led to a reliance on online education, which may not be sufficient to attract and prepare new appraisers. Participants suggested that local colleges, such as the Northern Marianas College (NMC), could play a pivotal role in developing appraisal programs. By collaborating with educational institutions, the community could foster interest in the profession and ensure a steady influx of qualified appraisers.

The urgency of this initiative was underscored by the acknowledgment that even the Department of Public Lands (DPL) has been without an appraiser for an extended period, highlighting the critical shortage in the field. As discussions continue, there is a clear consensus on the need to engage local educational entities to create pathways for aspiring appraisers, thereby securing the future of this essential profession in the Northern Mariana Islands.

Moving forward, stakeholders are expected to explore potential partnerships with local colleges to establish appraisal courses, ensuring that the community can sustain its workforce and meet the demands of the industry.