The Real Estate Commission is pleased to announce the reappointment of Robert L. Byrd, Jr. (Mount Pleasant) as a member of the Real Estate Appraisal Committee. Mr. Byrd's new term commenced October 1 and will expire June 30, 1991 at which time all members of the Appraisal Committee will be appointed by Governor Martin and the N.C. General Assembly.

The Commission commended Mt. Byrd on his valuable contributions to the real estate appraiser program during his previous one-year term.

On September 4, the [Federal] Appraisal Subcommittee advised the Real Estate Commission that certain provisions of North Carolina appraiser licensing and certification program were inconsistent with federal requirements. At issue were those provisions designed and intended to accommodate the special needs of those appraisers in North Carolina who may not strictly satisfy the specific education and experience criteria established in Washington for state-licensed and certified appraisers.

Recognizing that failure to comply with the federal requirements could seriously jeopardize the interests of real estate appraisers, agents, consumers, and other related groups, the Commission and the Appraisal Committee reluctantly agreed to make the necessary conforming revisions in its policies including the policy whereby the Commission and Committee had agreed to accept appraisal experience in lieu of the required education.

Notices concerning the details of this and other policy changes were furnished to all persons on the Commission's Appraiser Mailing List. Persons desiring further information are invited to contact the Appraisal Division at the Commission office.

1,577 persons attended the nine Appraiser Examination Preview Seminars sponsored by the Commission and the Appraisal Committee in Raleigh, Greensboro, Charlotte, Asheville, Winston-Salem, Wilmington, and Fayetteville from June 8-August 7. The Commission was gratified by the glowing comments received from the participants of the seminars which were conducted by Drs. Dennis S. Tosh and Jeffrey D. Fisher....

....Fifty persons attended an Appraisal Instructor Workshop sponsored by the Real Estate Commission. The two-day workshop was held on August 27-28 in Raleigh for persons who have been requested by Commission-approved schools to instruct appraisal prelicensing and pre-certification courses. The workshop featured presentations by real estate educator George Bell and Do Jeffrey D. Fisher....

....Following a comprehensive study involving forty practicing North Carolina real estate appraisers from a variety of appraisal education and experience backgrounds, the Real Estate Appraisal Committee recommended and the Commission approved setting the passing score for the residential and general appraiser licensing and certification examinations at 75 %, and the time allowed to sit for the examinations at 4 % hours. The study was conducted under the supervision of Dr. Kinnard White from the University of North Carolina-Chapel Hill School of Education.

Appraiser examinations will be administered beginning October 22 in Raleigh and October 23

in Winston-Salem.