Appraisal Articles 2018 Free Appraisal Articles for Appraisers and the Public
As discussed in a recent article published by McKissock Learning on their blog, see the link below, the Appraisal Qualifications Board (AQB) of the Appraisal Foundation will adopted changes to the Real Property Appraiser Qualifications Criteria following its fourth exposure draft that will become effective on May 1, 2018. The changes effectively begin, in my opinion, a breakdown of the entry barrier erected by appraisers, that restricted entry into the appraisal industry. As noted in the McKissock article, the following are some of the changes that are being adopted together with those noted in the following table:
I have been appraising property in Clark County for over 20 years and I can tell you that relatively few appraisers will accept an appraisal assignment in Moapa. It’s a fact that many appraisers if asked don’t know the difference between Moapa, Moapa Valley, Logandale, Overton, Mormon Mesa, Warm Springs and Virgin River properties. It’s just “an area northeast of Las Vegas,” and that’s good enough. If you are talking to a potential appraiser about a Moapa assignment and they don’t inquire about water rights that could be a red flag. An appraiser must know if water rights or water services exist at a specific property and how much (how many acre feet) of water is available. it’s an important factor that affects value.