Logging Hours for an Inspection Only?

[Veas53]

Hey Everyone,

As a trainee can I Log Hours for an inspection if it is signed off by my Supervisor. If so, would I include travel route times?

Thanks!!:new_smile-l:

 

[JTip]

As a trainee can I Log Hours for an inspection if it is signed off by my Supervisor.

Yes you can.

If so, would I include travel route times?

No.

Edit: I should have stated IN MY STATE you can count time for inspection per the checklist that is to be included with the workfile. Here is the link ot the checklist:
http://www.dos.state.pa.us/bpoa/lib/bpoa/20/crea_board/training_checklist_assistant_letter.pdf

Maybe put this in the California forum for state specific answers next time.

 

[Smokey Bear]

Better to check OREA's site for what you can use to log hours. You should be very familiar with their site and requirements. Download the licensing requirements and memorize it.

Category 1. Fee and Staff Appraisal
[FONT=Times New Roman,Times New Roman]A real property appraisal prepared by a person who is employed by another, usually a lending institution or government agency, or who is paid a fee for the appraisal assignments he or she [/FONT][FONT=Times New Roman,Times New Roman]performs shall:
[/FONT][FONT=Times New Roman,Times New Roman]• Be a written document;
• Use the entire appraisal process;
• Use all appraisal methods (market, cost, income) customarily used for a particular property type (i.e., residential, commercial, industrial, etc.);
• Conform to USPAP, particularly Standards Rules 1 and 2; and
• Include analysis completed by the applicant.
[/FONT]

Category 10. Assisting in the Preparation of Appraisals
[FONT=Times New Roman,Times New Roman]Experience in this category shall:
[/FONT][FONT=Times New Roman,Times New Roman]• Be limited to a maximum of 400 hours towards meeting the experience requirements;
• Be a written document;
• Effectively use the appraisal process performing market research, data analysis and applying the appropriate appraisal techniques; and
• Conform to all applicable USPAP standards, state laws and OREA regulations.
[/FONT][FONT=Times New Roman,Times New Roman]NOTE: Seventy-five percent of the professional work in the [/FONT][FONT=Times New Roman,Times New Roman]appraisal report must have been completed by the applicant. The work experience must go beyond such tasks as taking photographs, typing the report, [/FONT][FONT=Times New Roman,Times New Roman]measuring improvements, or finding sales that may [/FONT][FONT=Times New Roman,Times New Roman]or may not be used in the appraisal.
[/FONT]

So the answer is, NO, just doing inspection doesn't qualify.

 

[Metamorphic]

I log travel time when I'm driving with the supervisor (which is most of the time) since we're usually discussing the assignment and how we're going to approach it. If that's not valid training time I dont know what is.

 

[George Hatch]

This is a licensing question and the answer varies by state. When in doubt refer to the applicable laws and regulations of that state. What works in one state cannot be assumed applicable in other states.

Here's the applicable blurb from the OREAs licensing handbook, page 14:

Category 10. Assisting in the preparation of appraisals
Experience in this category shall:
• Be limited to a maximum of 400 hours towards meeting the experience requirements;
• Be a written document;
• Effectively use the appraisal process performing market research, data analysis and applying the appropriate appraisal techniques; and
• Conform to all applicable USPAP standards, state laws and OREA regulations.

NOTE: Seventy-five percent of the professional work in the appraisal report must have been completed by the applicant. The work experience must go beyond such tasks as taking photographs, typing the report, measuring improvements, or finding sales that may or may not be used in the appraisal.​

 

[The Warrior Monk]

Remember that as an appraiser, one values property. If the activity you are doing is not appraising (i.e., performing the actual valuation), you're not likely to receive any credit.

Note that what George posted

NOTE: Seventy-five percent of the professional work in the appraisal report must have been completed by the applicant. The work experience must go beyond such tasks as taking photographs, typing the report, measuring improvements, or finding sales that may or may not be used in the appraisal.

is an example of that very point.

 

[JoeGermade]

When I logged my hours NY state did not recognize actual hours but the appraisal performed. If you are short a full appraisal you cant substitute and inspection. I could however use a 2055 as a full single family.

 

[The Warrior Monk]

You have to check the requirements of the individual states. NY has assigned hours for various properties types. While it may seem like a good system to some, it puts many appraisers at a disadvantage. For example, some of the appraisers that work out in my area end up being trainees for 4-5 years because cookie-cutter assignments are rare, and it can take 2 or 3x longer to complete an assignment...yet they receive the same amount of credit hours as somebody doing an appraisal in Levittown. I would already have my GC if they went by actual hours, and not assigned hours.

 

[Ruben Ramon]

I log travel time when I'm driving with the supervisor (which is most of the time) since we're usually discussing the assignment and how we're going to approach it. If that's not valid training time I dont know what is.

I wouldn't let a trainee count hours in a car talking about an assignment. It's the amount of time spent performing it, not talking about it.

 

[TC]

That's the flaw in the current system to become certified/licensed. I probably didn't fill out an appraisal form for the first 6 months when I got into the biz. I rode with my bosses, held the dumb end of the tape, got dropped off at the courthouse to research properties, "walked off" commercial properties for square footage, filed data cards, updated the Marshall Swift book, and did a ton of phone calls to agents.

None of that would be counted today in the current setup, but it was an excellent education. All we do now is teach to the test, kind of like the public school system.

TC