{"id":10409,"date":"2019-07-23T06:51:43","date_gmt":"2019-07-23T06:51:43","guid":{"rendered":"https:\/\/www.certitrek.com\/isba\/?p=10409"},"modified":"2021-06-24T14:59:48","modified_gmt":"2021-06-24T14:59:48","slug":"view-on-valuations-20-20-vision","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/isba\/view-on-valuations-20-20-vision\/","title":{"rendered":"View on Valuations: 20\/20 Vision"},"content":{"rendered":"

The time-worn phrase that says that \u201chindsight is 20\/20\u201d becomes more accurate for me personally every day.\u00a0 The balancing act of trying to become proficient with what knowledge I already have with new trends and techniques can be difficult to maintain.<\/p>\n

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Becoming somewhat smug that my knowledge level will pay the bills today can quickly go away with the introduction of a new competitor, change in the economy, new tax laws, or any other factors outside my control.\u00a0 Now, I wish I had developed business habits that trained me to adapt quicker and faster to new conditions instead of concentrating on what is tried and true.<\/p>\n

In today\u2019s high-tech environment, changes are happening around us faster than ever and that holds true for the valuation and appraisal professions.\u00a0 So, what changes can I prepare for happening soon to ensure that I remain proficient and a relevant force in the valuation profession should be a daily pursuit?\u00a0 The hay farmer had his world changed when Henry Ford rolled out his new automobile in the early 1900s.\u00a0 Within a short decade, the demand for hay to fuel horses pulling wagons was dramatically changed.\u00a0 Now, I am trying to understand what \u201cbale of hay\u201d have I been relying on which may soon go away.<\/p>\n

Recommended Reading<\/b><\/span><\/p>\n