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Question

Is it illegal to help type a real estate appraisal without a license?
I am a secretary and I type alot of almost every appraisal that we do and my boss adds detail and puts his name on them? I am also giving out estimated guesses of value

Posted by Mal on 03/06/07
Total Answers: 5

Answers-

You're not doing the appraisal, you're just providing administrative support. You don't need to be licensed for that.

Answer posted by bostonianinmo on 2007-03-06 14:28:07


You are not doing the appraisal you are just filling out paperwork, which is what a secretary does. As long as you are claiming to have made the appraisal, or signing your own name on the sheet than you are not doing anything wrong.

Answer posted by shelerella on 2007-03-06 14:30:55


The person signing the appraisal is the one who is responsible for its final value and content. Having an unlicensed person fill in the report is very common. This is how most apprentices get their experience and practice. Some companies ,however, will not take an appraisal if anyone other than the appraiser has worked on it. How they would know, I don't know.But anyway, you are not doing anything wrong and if you are interested in being an appraiser, you could start keeping track of your hours for an apprenticeship.Nothing says you can't get paid and still do your apprenticeship. As far as giving out estimated guesses. If you are doing it as a general person, it is OK. Anyone can give a guess about a house. If you are doing it in the office or for the office, your boss might have some trouble on his hands. All market opinions should come from him.In our state you don't need a license to be an appraiser. Banks mandate it for financial lending when backed by the government,but several banks that loan their own money use appraisers that aren't state licensed.

Answer posted by lumberman57 on 2007-03-06 14:54:45


nope, your helping someone who is licensed to do the appraisal, if your saying you did the apprasail then yes.

Answer posted by p_busch_nmhu on 2007-03-06 15:30:11


As long as you are just helping him with the appraisal, then no.

Answer posted by Celina J on 2007-03-09 00:21:37


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