NAICS Code 531320-02 - Manufactured Mobile Homes Appraisers

Marketing Level - NAICS 8-Digit

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NAICS Code 531320-02 Description (8-Digit)

Manufactured mobile homes appraisers are professionals who specialize in determining the value of mobile homes that are built in factories and transported to their final location. These appraisers assess the condition of the mobile home, its features, and its location to determine its market value. They also take into account the age of the home, the materials used in its construction, and any upgrades or renovations that have been made. Manufactured mobile homes appraisers may work for real estate appraisal firms, government agencies, or as independent contractors.

Hierarchy Navigation for NAICS Code 531320-02

Tools

Tools commonly used in the Manufactured Mobile Homes Appraisers industry for day-to-day tasks and operations.

  • Laser measuring device
  • Digital camera
  • Flashlight
  • Moisture meter
  • Tape measure
  • Calculator
  • Laptop or tablet
  • Mobile phone
  • Binoculars
  • Level

Industry Examples of Manufactured Mobile Homes Appraisers

Common products and services typical of NAICS Code 531320-02, illustrating the main business activities and contributions to the market.

  • Manufactured home communities
  • Mobile home parks
  • Mobile home dealerships
  • Mobile home manufacturers
  • Mobile home transport companies
  • Mobile home insurance companies
  • Mobile home financing companies
  • Mobile home remodelers
  • Mobile home inspectors
  • Mobile home auction houses

Certifications, Compliance and Licenses for NAICS Code 531320-02 - Manufactured Mobile Homes Appraisers

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Manufactured Housing Appraisal Certification: This certification is required by the National Association of Manufactured Housing Appraisers (NAMHA) for appraisers who specialize in manufactured homes. It ensures that the appraiser has the necessary knowledge and skills to accurately appraise manufactured homes.
  • Uniform Standards Of Professional Appraisal Practice (USPAP): This is a set of standards that appraisers must follow when appraising any type of property, including manufactured homes. It is developed and maintained by the Appraisal Foundation.
  • State Appraiser Licensing: Each state has its own licensing requirements for appraisers. Appraisers who specialize in manufactured homes must meet these requirements in addition to any other requirements for appraisers in general. The requirements vary by state. Link: Varies by state.
  • National Uniform Licensing and Certification Exam: This exam is required by some states for appraisers who want to become licensed or certified. It tests the appraiser's knowledge of appraisal principles and practices, including those related to manufactured homes.
  • Continuing Education: Appraisers must complete continuing education courses to maintain their licenses and certifications. These courses cover a variety of topics related to appraisal, including those related to manufactured homes. The requirements vary by state and certification organization. Link: Varies by organization.

History

A concise historical narrative of NAICS Code 531320-02 covering global milestones and recent developments within the United States.

  • The Manufactured Mobile Homes Appraisers industry has a long history dating back to the early 1900s when mobile homes were first introduced in the United States. The industry has undergone significant changes over the years, with notable advancements in the design and construction of mobile homes. In the 1950s, mobile homes became more popular as a result of the post-World War II housing shortage. The industry continued to grow in the 1960s and 1970s, with the introduction of more modern and luxurious mobile homes. In recent years, the industry has faced challenges due to the decline in demand for mobile homes, as well as increased competition from other types of housing such as apartments and condominiums. In the United States, the Manufactured Mobile Homes Appraisers industry has experienced significant growth in recent years. According to the US Census Bureau, the number of manufactured homes shipped in 2020 increased by 6.4% compared to the previous year. This growth can be attributed to several factors, including the affordability of manufactured homes compared to traditional homes, as well as the increasing demand for affordable housing. Additionally, advancements in technology and design have made manufactured homes more attractive to consumers, with many now offering modern amenities and features. Despite these positive trends, the industry still faces challenges such as zoning restrictions and negative perceptions of manufactured homes.

Future Outlook for Manufactured Mobile Homes Appraisers

The anticipated future trajectory of the NAICS 531320-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The manufactured mobile homes appraisers industry in the USA is expected to experience steady growth in the coming years. The demand for affordable housing is increasing, and manufactured homes are becoming a popular option for many Americans. The industry is also benefiting from the growing trend of sustainable and eco-friendly homes. As more people become aware of the benefits of manufactured homes, the demand for appraisers is likely to increase. However, the industry may face challenges from the increasing popularity of modular homes, which are often seen as a more upscale alternative to manufactured homes. Overall, the future outlook for the manufactured mobile homes appraisers industry in the USA is positive, with steady growth expected in the coming years.

Industry Innovations for NAICS Code 531320-02

Recent groundbreaking advancements and milestones in the Manufactured Mobile Homes Appraisers industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Appraisals: With the increasing use of mobile technology, many appraisers are now using mobile apps to conduct appraisals. These apps allow appraisers to collect data and photos on-site, which can then be used to generate a more accurate appraisal.
  • Green Appraisals: As more people become interested in sustainable and eco-friendly homes, there is a growing demand for appraisers who specialize in green appraisals. These appraisals take into account the energy efficiency and sustainability of a home, which can affect its value.
  • Online Appraisals: With the rise of online real estate platforms, some appraisers are now offering online appraisals. These appraisals are conducted remotely, using data and photos provided by the homeowner or real estate agent.
  • Automated Appraisals: Some companies are now using automated valuation models (AVMs) to generate appraisals. These models use algorithms to analyze data on the property and its location, and can generate an appraisal in a matter of minutes.
  • Drone Appraisals: With the increasing use of drones, some appraisers are now using drones to conduct appraisals. Drones can provide detailed aerial views of a property, which can be used to generate a more accurate appraisal.

NAICS Code 531320-02 - Manufactured Mobile Homes Appraisers

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