Is it permissible for a real estate salesperson licensee to act as an appraiser?

Is it permissible for a real estate salesperson licensee to act as an appraiser?

• A. Yes
• B. No
• C. Only with a separate appraisal license
• D. No, unless supervised by a licensed appraiser

Answer: (D)

Appraisal work is a regulated activity that requires proper licensing and adherence to standards. A real estate salesperson helps with transactions, but they do not render formal opinions of value. To perform an appraisal legally, you must be a licensed or certified appraiser, and in many cases a trainee appraiser may work under the supervision of a licensed appraiser who signs the report and takes responsibility. This supervision ensures the work complies with USPAP and protects the public by guaranteeing the methods and conclusions meet professional standards. So, a licensee can participate in the appraisal process only under supervision by a licensed appraiser.

Appraisal work is a regulated activity that requires proper licensing and adherence to standards. A real estate salesperson helps with transactions, but they do not render formal opinions of value. To perform an appraisal legally, you must be a licensed or certified appraiser, and in many cases a trainee appraiser may work under the supervision of a licensed appraiser who signs the report and takes responsibility. This supervision ensures the work complies with USPAP and protects the public by guaranteeing the methods and conclusions meet professional standards. So, a licensee can participate in the appraisal process only under supervision by a licensed appraiser.