Resume on Residential Reports.

[Lawrence R.]

I am working on one now. Very neat, high tech and cutting edge. It incorporates a resume, verification of license, and E and O as well as a CV document. It will be attached to all my work from now on.

 

[JSmith43]

Check your state appraisal statutes, rules & regulations. In MN, appraisers are required to attach a resume to every written report & the resume has to be up to date, with a 6 mo. tolerance with updates.

 

[residentialguy]

Check your state appraisal statutes, rules & regulations. In MN, appraisers are required to attach a resume to every written report & the resume has to be up to date, with a 6 mo. tolerance with updates.

:mellow:

Whoa...I didn't know that! I have never attached a resume in my life. Never been called on it. Are you sure about this?

 

[AnonApprsr]

lol, every appraisal you've ever done is now void. That sucks!

 

[JSmith43]

Would I make up such a whopper just to scare the readers??

Part of what I will paste will be deleted effective 7/2010 (approximate date). It is possible that the resume rule has also been deemed to get replaced. But, it has been in effect for years.

Here you go, Resguy:

(Source = 2808.6000 Minnesota Rule)

(8) develop a valuation conclusion that is not supported by available market data;
B. provide a resume, current within six months of the date it is provided, to anyone who employs the appraiser, indicating all
professional degrees and licenses held by the appraiser;
C. prior to performing the appraisal, view the entire property, inside and out, as well as confirm the existence of any contiguous
highways, buildings, or other factors that affect the valuation of the property; and
D. reject any request by the person who has employed the appraiser that is in conflict with the requirements of Minnesota law or
this chapter and withdraw from the appraisal assignment if the employing party persists in the request.
Subp. 4. Enforcement. Failure to comply with the provisions of this part is a prohibited practice under Minnesota Statutes, section
82B.20, subdivision 2, clause (17).
Statutory Authority: MS s 45.023; 82B.13; 82B.19
History: 17 SR 1790
Posted: September 14, 2007

 

[JSmith43]

lol, every appraisal you've ever done is now void. That sucks!

If he tells them at the board hearing that it was omitted out of humility & more than one of them laughs, I think it will only be a slap on the wrist, then they'd all go out for a beer. But who knows? It could be shackles and perp walk

 

[Meandering]

Update on the resume request.

They sent me an email saying it did not need to be attached, but could be sent under seperate cover.

 

[residentialguy]

If he tells them at the board hearing that it was omitted out of humility & more than one of them laughs, I think it will only be a slap on the wrist, then they'd all go out for a beer. But who knows? It could be shackles and perp walk

Oh man - I’m doomed!

Oh well. If that’s their only beef…I’m not doing too bad, LOL

 

[Green Hornet]

Would I make up such a whopper just to scare the readers??

Part of what I will paste will be deleted effective 7/2010 (approximate date). It is possible that the resume rule has also been deemed to get replaced. But, it has been in effect for years.

Here you go, Resguy:

(Source = 2808.6000 Minnesota Rule)

(8) develop a valuation conclusion that is not supported by available market data;
B. provide a resume, current within six months of the date it is provided, to anyone who employs the appraiser, indicating all
professional degrees and licenses held by the appraiser;
C. prior to performing the appraisal, view the entire property, inside and out, as well as confirm the existence of any contiguous
highways, buildings, or other factors that affect the valuation of the property; and
D. reject any request by the person who has employed the appraiser that is in conflict with the requirements of Minnesota law or
this chapter and withdraw from the appraisal assignment if the employing party persists in the request.
Subp. 4. Enforcement. Failure to comply with the provisions of this part is a prohibited practice under Minnesota Statutes, section
82B.20, subdivision 2, clause (17).
Statutory Authority: MS s 45.023; 82B.13; 82B.19
History: 17 SR 1790
Posted: September 14, 2007

Mentor,

Is there more that would lend context to what you posted? From what I read, it just states that a resume needs to be provided to the person who employs the appraiser. Nothing about attaching it to every appraisal?

I could provide one resume for them to have on file. Just need to update it periodically.

 

[JSmith43]

Is there more that would lend context to what you posted? From what I read, it just states that a resume needs to be provided to the person who employs the appraiser. Nothing about attaching it to every appraisal?

Mr Hornet, thanks for catching that detail. It was probably in my mind, since reading that requirement years ago, that attaching a resume to every report would be good policy to prevent an oversight. The way I read the rule, it would seem to be practical for an appraiser that had only a few clients, to have it on file with them in order to satisfy the rule.

Trouble is, one might have to prove that they did so at some future date. Plus, there is the danger of omission in the future. Example: Along comes a new client with a rush deal and out goes a new report prior to the resume being communicated and receipted in some way.

Resguy can relax, because most of his clients would have required a resume in their initial approval packet. Good job, Green Hornet.