NC Appraisal Board

The North Carolina Appraisal Board does not represent consumer interests. The Board does not represent the special interests of banks, homeowners, or even appraisers themselves. Banks and appraisers, among others, have trade organizations to bring their concerns to the forefront. Certainly they are members of the public that licensing boards are designed to protect. Public protection includes the concerns of all, even though those concerns may be in conflict with each other.

The Appraisal Board can only take action on an appraiser’s license, such as issuing a reprimand, suspending the appraiser for a period of time or revoking the appraiser’s license. The Appraisal Board cannot require the appraiser to appraise a certain property, to reappraise a property, or to issue a refund check to a client. The Appraisal Board will not appraise a property or determine which of two appraisals is correct.

The North Carolina Appraisal Board sets the standards for entry into the appraisal profession, in accordance with federal guidelines, and assures the public that appraisers offering their services to the public meet those standards. This is done by requiring that appraisers have appropriate education and experience, and by taking an examination. Continuing education is also required to assure that trainees and appraisers have current knowledge of the profession. The Board has a disciplinary program to deal with appraisers who fail to meet standards of practice or who are alleged to have violated state law, Board rules or the standards of practice.