I was talking with my mother-in-law about taking on an appraiser trainee, and she related her concerns. How do I know this person can be trusted? Have I done a background check on him? Does he have any references? Not only valid concerns for myself and my business, but also valid concerns for a homeowner who invites an appraiser into their home.
I’m just finishing up my continuing education to renew my license, and I did a doubletake when I looked at all the requirements to become a Certified Residential appraiser. “Wow, did I do all of that?”, I thought. Well, mostly yes, though the requirements have changed somewhat since I got my Certified Residential credential in 2005. There are the college courses, the initial training classes, the required experience hours, the continuing education, USPAP and more USPAP (Uniform Standards of Professional Appraisal Practice). And the State Appraisers Board does require you to provide a GCIC report on yourself, and explain if you have anything on your record other than minor traffic violations.
The ability of someone to complete the required courses and experience hours is reassuring and knowing that an appraiser has had his/her background checked by the state is doubly reassuring.
It’s difficult for new appraisers to get started in this profession with the experience hours being the biggest hurdle. Most established appraisers don’t want to take on the burden of training someone, and many worry that that new appraiser will go on to steal business away. On the other hand, the supervisor/trainee relationship could have many upsides for both parties.
I’ve had a trainee before and, unfortunately, it didn’t work out well for several reasons. But I’m hopeful about this new phase in my business this time around. I think I’ve learned from experience, and the trainee I’m looking to take on seems to be very promising. Here’s hoping for upsides!
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