Expanding into other areas of real estate

Discussion in 'Illinois' started by Mr. Lisle, May 16, 2011.

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  1. Mr. Lisle

    Mr. Lisle Junior Member

    0
    Dec 28, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Illinois
    I have been thinking of expanding into other areas of real estate (home inspection, sales broker), but am concerned about some of the potential problems. What I don't want, is to be appraising a home, and liable for home inspection issues, or list a home with a CMA but have to follow USPAP. I know a few basics, such as keeping everything separate, separate cards, separate companies. Don't appraiser a home you are the agent for, but can you appraise and inspect the same home? I would want to take advantage of my contacts from appraising also. As it is, I send out quite a bit of referrals for these services.
     
  2. AnonApprsr

    AnonApprsr Elite Member

    0
    Jan 21, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Massachusetts
    Can not appraise and inspect the same home, imho. Ask Mr. Rex though, he's the resident expert home inspector, and FHA beast.
     
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