Florida Appraisal Board auditing all appraisers?

[Ken B]

Was that a collective sigh of relief I heard?

 

[Michael S]

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.

I can't imagine the manpower that sort of audit would take for a random basis of say 10% of licensees, to say nothing of thousands of appraisers statewide. Sounds like a rumor.

 

[Tim The Enchanter]

Was that a collective sigh of relief I heard?

Even if you are 100% clean and perfect, who wants to go through that wringer?

 

[Noreen]

Even if you are 100% clean and perfect, who wants to go through that wringer?

Who among us wants to admit that we are all human and we all make a mistake at some point.

 

[Michigan CG]

Even if you are 100% clean and perfect, who wants to go through that wringer?

A work file has changed over the years. I do a lot of appraisals where the subject property has significant acreage. If I am appraising a single-family home on 15 acres or 100 acres the work file does not have the sales sheets, assessor records or other information many times as the sales are taken from another report.

I go back to the previous report and copy and paste the information to the current report.

So does the work file include my multiple file cabinets in my basement where the research was done for a previous report and does it also include the computer database. Is my computer part of my work file? Can the computer be part of the work file?

 

[Joyce Potts]

I'd be going back to the source of that rumor and ask where they got their information.

 

[nauthead]

That rumor was told to me by a McKissock instructor in the law update class. The numbers seemed a bit of a stretch if 10% get audited each year and there are only a handful of investigators.

 

[Ken B]

Well, a McKissock instructor would be a slightly more credible source of information than some anonymous one-line poster an internet forum, I would think.

 

[Dale Smalley]

I didn't think they ran out of fraud files yet. But they did do them back in the day. I think they were looking for pencil search faxes.

 

[WMOORES]

I just don't see where they have the man power. The investigators are for all licensed professions. They are not dedicated appraiser investigators. They may have just come from a general contractors office and headed to a barber shop after leaving yours.