Marcia Hultman

Cabinet Secretary

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Appraiser Certification Program

Frequently Asked Questions About Supervisory Appraisers &

State-Registered Appraisers

 

What are the responsibilities of a State-Registered Appraiser that is being supervised?

You must maintain an Appraisal Experience Log (in Microsoft Excel format) that includes each appraisal performed (a separate log must be maintained for each supervisory appraiser), and must successfully complete the Training Course for Supervisory Appraisers and State-Registered Appraisers BEFORE supervision begins.

Where can I find a supervisory appraiser?

See our Supervisory Appraisers and State-Registered Appraisers Log to see who is registered as a supervisory appraiser, the area of geographical competency, and the appraisal assignment competency. Supervisory appraisers must be State-Certified Residential or State-Certified General appraisers who have satisfied the requirements of a supervisory appraiser. Supervisory appraisers must be State-Certified Residential or State-Certified General appraisers who have satisfied the requirements of a supervisory appraiser.

How do I register a supervisory appraiser?

Submit an Application to Register Supervisory Appraiser/Supervisor Agreement.

How do I become an Endorsed Supervising Appraiser?

Submit a Supervisory Appraiser Endorsement form and $150.00 fee. See our Supervisory Appraisers page for further information.

What are the requirements to become an endorsed supervisory appraiser?

You must:

  1. Be a state-certified residential or state-certified general appraiser licensed by the Department of Labor and Regulation.
  2. Be in good standing in South Dakota or any other jurisdiction in which you are licensed/certified as an appraiser.
  3. Not be subject to disciplinary action that affects legal eligibility to engage in appraisal practice within the previous three years.
  4. Have knowledge and experience in the types of appraisal assignments that you supervise.
  5. Have a minimum of three years of appraisal experience as a State-Certified Residential Appraiser or a State-Certified General Appraiser.
  6. Successfully complete the Training Course for Supervisory Appraisers and State-Registered Appraisers BEFORE supervision begins.

What are the responsibilities of a supervisory appraiser?

See Administrative Rule of South Dakota (ARSD) 20:14:04:17 for a list of the responsibilities of a supervisory appraiser.

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