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Arkansas changes Hours requirements

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Terrel L. Shields

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Elite Member
Gold Supporting Member
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
 
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