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Do I Need A Supervisor For Most Appraisals?

Dale Smalley

Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Show some gratitude to the old guy for letting you have a job. We all have felt your pain so do your time and enjoy the journey.
 

andrew81

Senior Member
Gold Supporting Member
Joined
Dec 5, 2008
Professional Status
Certified Residential Appraiser
State
Illinois
licensing is not required in iowa. i work with an iowa bank that has an unlicensed in-house appraiser.
the in-house appraiser does everything in iowa under the de minimus.
an iowa CG does their over the de minimus appraisals and i do most of their illinois residential.

i have seen their in-house residential appraisals. they are non-uad 2005 FNMA 1004 with subject front rear street and 3 assessor comp photos, no other attachments, and signed without license information filled in



with that said. since the original poster is an associate appraiser (licensed trainee) iowa does require to follow licensing law and a supervisor must sign all reports
 

CANative

Elite Member
Joined
Jun 18, 2003
Professional Status
Certified Residential Appraiser
State
California
licensing is not required in iowa. i work with an iowa bank that has an unlicensed in-house appraiser.
the in-house appraiser does everything in iowa under the de minimus.
an iowa CG does their over the de minimus appraisals and i do most of their illinois residential.

i have seen their in-house residential appraisals. they are non-uad 2005 FNMA 1004 with subject front rear street and 3 assessor comp photos, no other attachments, and signed without license information filled in



with that said. since the original poster is an associate appraiser (licensed trainee) iowa does require to follow licensing law and a supervisor must sign all reports
Seems to me the trainee can go out and get his own private appraisal assignments and sign them (or not sign them) himself.
 

andrew81

Senior Member
Gold Supporting Member
Joined
Dec 5, 2008
Professional Status
Certified Residential Appraiser
State
Illinois
licensing is voluntary, but if licensed then you must follow licensing law.

being that he is licensed as a trainee, he must have a supervisor
 

cstu11

Freshman Member
Joined
May 4, 2013
Professional Status
Certified Residential Appraiser
State
California
licensing is voluntary, but if licensed then you must follow licensing law.

being that he is licensed as a trainee, he must have a supervisor
Have a question about that. I recently came across someone who has has a long-term CA trainee license and is signing his own reports (private assignments). Is this a violation?
 

cstu11

Freshman Member
Joined
May 4, 2013
Professional Status
Certified Residential Appraiser
State
California
Most trainees make far less percentage than you and have to work a lot harder to make $1,700. $1,700 is eleven residential reports for a lot of trainees.
I got zero.
 
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