Module 4 Overview of Trainee Appraiser Expectations and Responsibilities

Question 1

A Trainee Appraiser would like to specialize in appraising large shopping centers. What qualifications should the Trainee Appraiser seek in a Supervisory Appraiser?

Answer 1

Certified General Real Property Appraiser with experience in appraising large shopping centers

**Supporting Information:
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* Simply having the proper license does not guarantee competency or skill.

Question 2

According to AQB minimum requirements for experience hours, what is the shortest amount of time a Trainee Appraiser needs to spend before attaining one of the appraiser credentials beyond the Trainee Appraiser classification?

Answer 2

6–18 months

Question 3

How might a Trainee Appraiser be assured of a Supervisory Appraiser’s good standing?

Answer 3

Periodically review the Supervisory Appraiser’s status on the credentialing authority’s website.

Question 4

A Trainee Appraiser finds it necessary to change Supervisory Appraisers due to circumstances that are beyond the control of either appraiser. The Trainee Appraiser finds another Supervisory Appraiser in the same office. What is the Trainee Appraiser’s next step?

Answer 4

Contact the credentialing authority to file appropriate changes to the Supervisory Appraiser of Record.

Question 5

What is NOT an application requirement when becoming a Trainee Appraiser?

Answer 5

2,500 experience hours in property type

Question 6

A Trainee Appraiser has worked with the same Supervisory Appraiser for the last two years. The Trainee Appraiser has difficulty measuring a house and calculating the square footage. What might the Supervisory Appraiser suggest to the Trainee Appraiser?

Answer 6

Take a geometry class online or at a local community college.

Question 7

What should a new Trainee Appraiser avoid when making an inspection?

Answer 7

interacting verbally with the property owner or manager

Question 8

A Trainee Appraiser’s success depends on many factors. What is crucial to the training process?

Answer 8

choosing the right Supervisory Appraiser with good training skills and a good training plan