Can an agent act as an appraiser with their real estate salesperson license?

Can an agent act as an appraiser with their real estate salesperson license?

• A. NO
• B. YES
• C. Only with additional certification
• D. Only under supervision

Answer: (A)

Appraisal is a regulated valuation service that requires an appraiser license and adherence to USPAP. A real estate salesperson license covers brokerage tasks—listing, marketing, showing, negotiating—not the formal, official valuation used for loans or other determinations. Because of this separation, someone with only a salesperson license cannot legally act as an appraiser. To perform an appraisal, they would need the proper appraiser license or certification and to operate under USPAP guidelines. Even supervision or additional certification wouldn’t substitute for the required appraiser credential. If you’re just giving a rough value during marketing, that’s an opinion of value, not an official appraisal.

Appraisal is a regulated valuation service that requires an appraiser license and adherence to USPAP. A real estate salesperson license covers brokerage tasks—listing, marketing, showing, negotiating—not the formal, official valuation used for loans or other determinations. Because of this separation, someone with only a salesperson license cannot legally act as an appraiser. To perform an appraisal, they would need the proper appraiser license or certification and to operate under USPAP guidelines. Even supervision or additional certification wouldn’t substitute for the required appraiser credential. If you’re just giving a rough value during marketing, that’s an opinion of value, not an official appraisal.