Appraiser acting as advocate in tax appeal.
Our state has three permitted entities that are permitted to represent an owner in a tax appeal: attorney, cpa and real estate appraiser. The appraiser is only permitted to represent the owner since they are licensed or certified as an appraiser. Some appraisers are acting as advocates for a lower amount of assessed market value. Some perform appraisals that represent low values that are based on non market transactions, such as foreclosures, etc. Others merely put a low value with no appraisal representation.
Upon conversations many believe that although they are only legally permitted to represent the owner as a licensed or certified appraiser that they may act as an advocate for a lower value. My understanding is that they may only act as an appraiser and may only advocate for the value that meets the definition of an appraisal as described under USPAP.
Further, some believe that they may wear different hats similar to a real estate broker and appraiser. However, the state does not permit real estate brokers and my belief is that since only licensed or certified appraisers are permitted to represent the owner, as such they must retain all aspects of an appraiser and may not act advocate a value, except as a licensed or certified as an appraiser.
Open May 08, 2017 - 08:33 AM
Appraiser acting as advocate i