Registered Appraiser - Soliciting Assignments

Paragraph 539-1-.16 Appraiser Classifications and Their Education, Examination, and Experience Requirements. Amended:

(9) A State Registered Real Property Appraiser classified on or after August 1, 2006, shall be given credit for his or her first one thousand hours of appraisal experience only if it was earned in appraisal assignments performed under the direct supervision of a supervising appraiser. A State Registered Real Property Appraiser classified before August 1, 2006, may earn his or her appraisal experience under the rule in effect at the time he or she became classified until January 1, 2008, at which time only experience earn under rules in effect on or after August 1, 2006, shall receive credit.

sub-paragraph (9)(e) On or after August 1, 2006, an appraiser who is supervising or who agrees to supervise the work of another appraiser shall enter into a written agreement with the appraiser to be supervised prior to undertaking any appraisal work that will be utilized for appraisal experience credit under this rule. The written agreement shall at a minimum contain provisions that:

sub-paragraph (9)(e)7. identify the scope of duties the supervised appraiser is authorized to undertake, which must not be inconsistent with this rule or the Appraiser Act, and must at least include provisions that:

sub-paragraph (9)(e)7. (a.) all appraiser assignments must be solicited and obtained in the name of the supervising appraiser or the supervising appraiser’s firm (if an appraisal assignment is solicited and obtained in the name of the state registered real property appraiser, the resulting appraisal may not be used for experience credit under this rule);

Conclusion:

A registered appraiser registered after August 1, 2006 cannot claim experience credit for work solicited unless the solicitation is in his supervisor's name. There is no rule against any registered appraiser soliciting his own work provided he/she does not claim it as experience.

See the GREAB Rules Amendment (August 1, 2006), Pages 1-5