Call to action for NC Appraisers

[chad hampton]

I think reciprocity is bad without at least neighboring the state or having a residence there of some sort.

Exactly. Every residential reciprocity licsene should be considered on a case by case basis. Do you live in a neighboring state? If not, send us proof of residency within 6 months of this license being issued, otherwise it's revoked.

Shouldn't be any more complicated than that.

This is far worse than the old days of runners all over the state. But since it's the GSE's big 5 making the money, regulators and govt agencies look the other way.

 

[Alsie35]

I thought State reciprocity was mandated, in effect, by Federal Regulations - year and years ago.

 

[George Hatch]

Temporary practice was required. One at a time. One application would be retaining one appraiser to appraise all the properties in a portfolio in order to maintain continuity.

Reciprocity is not required. Reciprocity basically amounts to dual citizenship. Or multi-citizenship.

 

[glenn walker]

I think reciprocity is bad without at least

Ive known guys that stratteled states by driving 3 miles. Why shouldn't they be able to work them.

neighboring the state or having a residence there of some sort.ive

 

[Non Sequitur]

I thought State reciprocity was mandated, in effect, by Federal Regulations - year and years ago.

It is per Dodd-Frank. Here’s a link to the ASC’s bulletin to the states:

https://www.ASC.gov/sites/default/f...cting State Appraiser Regulatory Programs.pdf

 

[Non Sequitur]

Another link with some explanation:

https://www.mckissock.com/faqs/article/i-have-an-appraisal-license-and-want-to-be-licensed-in-another-state-what-are-the-requirements-steps-to-getting-a-reciprocal-license/

 

[Terrel L. Shields]

I think reciprocity is bad without at least neighboring the state or having a residence there of some sort.

Well...

it maybe normal for commercial appraisers,

The fly in the soup is that specialist appraisers (think people who value Airports, refineries, hatcheries and poultry farms, feedlots, auction houses, truck terminals, mineral rights, timber, shopping malls, etc.) are often working 4 or more states with some serious competence that deals with the property type and not the "geography." And even an appraiser in Cortez, CO, is within 30-40 miles of 3 other states. Appraisers in the panhandle of Oklahoma could work in Kansas, Colorado, OK and Texas without driving much more than 30 miles from say Boise City or Guymon. And Boise City also is not far from New Mexico.

I'd rather that hybrids simply be banned by requiring the property inspector to be a licensed or certified appraiser, or maybe including licensed home inspectors and a cap of the value - say that $400,000 de minimus of the banks.

 

[shrubberyvaluation]

Ive known guys that stratteled states by driving 3 miles. Why shouldn't they be able to work them.

Where do you go through 2 states in 3 miles? Where do you pass through another state to get to a non connected state in 3 miles?

 

[George Hatch]

If what appraisers are worried about is some AMC hiring WFH appraisers to do hybrids all over the nation then the easiest hack for an AMC on that one is to simply include a couple appraisers from North Carolina in their lineup. It will be your own state's appraisers who perform those assignments. Obviously.

But like I said, if you can find a way to obstruct the AMCs then that is always the right call, ya? You've got nothing to lose. Except maybe the opportunity to do hybrids for South Carolina in the event you someday get too sick or too old to measure houses every week.

 

[glenn walker]

Where do you go through 2 states in 3 miles? Where do you pass through another state to get to a non connected state in 3 miles?

People live on State Lines were you can walk over one line into the other.
Some live within a 5 to 25 mile distance California is a huge State but ive got family that lives on California- Oregon State line. Nevada California State line if the appraser lives within a reasonable distance to do business it makes sense for some.