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Board of Real Estate Appraisers - Supervising Appraisers

Letter from Board to Supervisors - June 2006

Supervising appraisers are responsible for the training and direct supervision of the trainee appraiser. Duties include, but are not limited to, the following. Review Rule Chapter 230 for a full description of duties.

  • Personally inspect each appraised property with the trainee for a minimum of the first fifty (50) appraisals AND until the supervising appraiser determines the trainee is competent in accordance with the Competency Rule of USPAP for the property type.
  • Review the trainee's appraisal reports.
  • Accept responsibility for the appraisal report by signing and certifying that the report is in compliance with USPAP.
  • Maintain up-to-date records of all the trainee's activities and a schedule of hours of work completed.
  • Ensure that monthly reports of the trainee's activities are submitted to the Board. The supervising appraiser must sign the reports as verification that he/she has reviewed and approved the work documented by the trainee.

Supervising your trainees in the manner prescribed by the Board not only ensures that the trainee receives an appropriate level of supervision and on-the-job training, but also means that you, the supervisor, have thorough and complete records of the trainee's activities conducted under your license.

 

Last Updated: July 9, 2008