Florida Appraisal Board auditing all appraisers?

[xmrevned]

Anyone else hear that the Florida Appraisal Board is going to audit all appraisers
in the next year? A friend of mine was at his Mckissock continuing education class & the instructor said that investigators would be visiting every appraiser in the next year to inspect their files for violations. Anybody else hear anything similar?

 

[nauthead]

I was told them same thing in con ed but the instructor said it was 10% of appraisers per year, not all in one year.

 

[Francois K. Gregoire]

The Director of the Division of Real Estate is attending the same meeting as I over the next two days. I'll pose the question to her and let you know what she has to say.

 

[xmrevned]

Ten percent sounds much more logical.

 

[Michael S]

New Mexico started conducting a 10% audit on continuing education. If you were selected you had to send in scanned copies of all of your continuing education certificates to prove you had completed those classes.

 

[xmrevned]

Thanks Frank.

 

[xmrevned]

Florida requires the vendor to send the verification for continuing ed. The type of audit I am talking about is a physical audit of the appraiser's office for compliance issues & files to verifiy compliance with record keeping & to be able to justify all data that is used to complete the appraisal. Basically all of the violations that are seen on a regular basis at the disciplinary hearings

 

[Tony V]

In New York every time you renew your licence you will receive a letter asking for a copy of your c e certificates...more then a couple have been caught up in forgeting to complete a class...

 

[nauthead]

Supposedly these audits are for your work file. The investigators want to see support for adjustments, verify cost approach, make sure the necessary items are in each report, etc.

 

[Francois K. Gregoire]

Last week I talked with the Director of the Division of Real Estate about this subject. The answer is NO, FREAB is not conducting random audits of appraisers or their workfiles.