- Joined
- May 2, 2002
- Professional Status
- Certified General Appraiser
- State
- Arkansas
FYI
Arkansas used to allow 8 hr. for an appraisal even if co-appraised. The nonsensical proposition was that each appraiser worked on it equal time, I suppose. yeah, like A - someone worked for free, or B-some client is going to pay double....
They now say you need to document hourly contribution. This means a time card in my opinion. In reality for rural property, I suggest a newbie will have 15-20 hr. for each appraisal for at least a month, getting to 8-10 is about as low as it should go.
More to say on the subject in the Improving profession forum
Arkansas used to allow 8 hr. for an appraisal even if co-appraised. The nonsensical proposition was that each appraiser worked on it equal time, I suppose. yeah, like A - someone worked for free, or B-some client is going to pay double....
They now say you need to document hourly contribution. This means a time card in my opinion. In reality for rural property, I suggest a newbie will have 15-20 hr. for each appraisal for at least a month, getting to 8-10 is about as low as it should go.
More to say on the subject in the Improving profession forum
