Talked Lately? We Need to Talk!
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Being informed is the key to success. Have you talked lately?
Communication among appraisers is critical to our continued success. Whether it is reading a newsletter, having lunch with a colleague, or socializing at an industry function, this is how we learn, grow and succeed.
Are you registered with the Townhall?
The Virginia Regulatory Townhall is the regulatory website for information. Here you will find the regulations of the Virginia Appraisal Board, proposed regulations, and proposed changes. The Townhall is also the place to go for dates, times, agendas, and meeting minutes of the Virginia Appraisal Board Meetings. This is a must for appraisers! Have you talked lately?
What does it mean? How does it impact you as an appraiser?
The VREAB customary and reasonable fee committee will be recommending the Veterans Administration Fee Schedule as the presumptive minimum customary and reasonable fee at the Virginia Real Estate Appraisal Board Meeting February 23, 2016, 10:00 AM.
Did you know you may be eligible to receive up to 2 hours of CE by attending the VREAB Meeting. This is only available to you once every renewal cycle. Have you talked lately?
Unlicensed AMCs doing business in Virginia
Virginia law required all AMC’s doing business in Virginia to be licensed by the Department of Professional Occupational Regulations as of December 31, 2015. Except that subsidiaries of Federally Chartered Banks are exempt from state licensing!
What does that mean to you? Does the unlicensed AMC have to follow Virginia Statute? What protections does the state law provide? Will the VREAB accept and process a complaint against an unlicensed AMC? Is the unlicensed AMC required to pay customary and reasonable fees? Have you talked lately?
VaCAP encourages all appraisers to be informed of the latest news, information and industry related events that impact our profession. Talk with your colleagues, read newsletters, blogs and listen to pod casts. Being informed is the key to success.
Check out VaCAP website for links to great sources!