Proposed Rule Change – The GREAB today considered a proposed rule to clarify requirements for appraiser instructor renewals. The changes make clear that instructors must have a minimum of 14 hours of instructional contact with students each calendar year or complete a seven hour instructor development workshop. In addition, each instructor must complete an additional 14 hours of courses approved by the Board for appraiser instructor continuing education (CE).

Credit toward the latter requirement will be given for attendance at the annual school meeting, an instructor development workshop, and any other course approved in advance for this purpose by the Board. Dick Viti, AREA’s Curriculum Director, has urged the Board to provide credit to the instructors of any appraiser instructor CE courses. He has also requested that attendance at the National USPAP Instructor Update course be automatically included as a Board approved CE course.

Number of Appraisers – The Board reported 97 fewer appraisers this month. The statewide total is now just 6,508. (The shrinkage in appraisers is consistent with AREA’s prediction of a shortage of appraisers in the near future).

FHA Roster – Appraisers on the FHA Roster are advised to renew early in their renewal month and this point was discussed by Commissioner Ledford. The commissioner explained to the Board that Georiga appraiser renewals are reported to the Appraisal Subcommittee (ASC) on the 15^th of each month. Renewals after the 15^th are not reported until the following month. Because FHA receives its renewal information from the ASC, an FHA Roster appraiser who renews a Georgia license after the 15^th will actually drop off of the FHA Roster at the end of the month – and will have to reinstate. That may mean a licensed appraiser will be off of the Roster permanently due to the change made October 1^st limiting new applicants to certified appraisers only.