Idaho Real Estate Appraiser Board
Bureau of Occupational Licenses
1109 Main Street, Suite 220
Boise, Idaho 83702-5642

(208) 334-3233

Minutes of April 17, 2006   

 

 

Roll Call:          Henri Le Moyne- Chair

                         Paul J. Morgan, Board Member

                         Stanley Moe, Board Member

                         Rick Bachmeier, Board Member

                         Ed Morse, Board Member

 

 

Bureau Present:           Rayola Jacobsen, Bureau Chief

                                    Budd Hetrick Jr., Deputy Bureau Chief

                                    Roger Hales, Administrative Attorney

                                    Karl Klein, Deputy Attorney General

                                    Sandee Hitesman, Administrative Assistant II

                                    Maria Brown, Technical Records Specialist I

 

Others Present:             Sherry De Soro, applicant

                                    James Randal, applicant

                                    Shawn Hide, applicant

                                    Arron Barrington, applicant

 

 

The meeting was called to order at 9:15 a.m. by Chair, Henri Le Moyne.

The board reviewed the minutes from the February 13, 2006 board meeting.

Motion was made by Mr. Morse to accept the minutes with amendments. Seconded by Mr. Morgan, carried.

Mr. Hetrick, Deputy Bureau Chief, gave the financial report. Detailed report is on the web. The board has as of 4/30/2006, $11,073.97 in appropriation with a cash balance of $121,647.60. The Board is in good financial shape. Expenditures are not as high as last quarter.

Motion made by Mr. Bachmeier to accept the report. Seconded by Mr. Morgan, carried.

Mr. Hetrick gave the investigative report. Fiscal Year 2006: To date, fourteen (14) complaints have been received. One (1) has been closed; one (1) has been referred for formal action; and twelve (12) remain under investigation. Fiscal Year 2005: Thirty-five (35) complaints were received. Four (4) have been closed; one (1) has been referred for formal action; and thirty (30) remain under investigation. Fiscal Year 2004: Thirty-eight (38) complaints were received. Eight (8) have been closed; nine (9) were referred for formal action; twenty (20) remain under investigation or pro-review; and one (1) awaits Board determination. Fiscal Year 2003: Thirty-two (32) complaints were received. Twenty-one (21) have been closed; eight (8) were referred for formal action; and three (3) are currently under investigation or pro-review. Fiscal Year 2002:  Thirty-two (32) complaints were received. Twenty-two (22) have been closed; eight (8) were referred for formal action; and two (2) remain under investigation or pro-review. There are seven (7) files pending disciplinary review.  

Mr. Hetrick presented an investigative report for case # REA-P3C-3-2004-9.

Motion was made by Mr. Morse to accept IBOL recommendation to close the investigation and send an advisory letter. Seconded by Mr. Morgan, carried.

Karl Klein, Deputy Attorney General, presented a stipulation and consent order for case # REA-2006-3.

Motion made by Mr. Morse to accept the IBOL recommendation to have respondent pay a $750 fine, investigative costs, attorney fees, take a 15 unit USPAP course, and be placed on one year probation. Seconded by Mr. Morgan, carried.

Karl Klein, Deputy Attorney General, presented a stipulation and consent order for case # REA-2006-4.

Motion made by Mr. Moe to accept the IBOL recommendation to have respondent pay a $750 fine, investigative costs, attorney fees, take a small residential income course, and be placed on one year probation. Seconded by Mr. Morse, carried.

Board discussed the distribution of USPAP books to Licensed Appraisers in the State of Idaho.

Motion made by Mr. Morse to approve distributing USPAP books to all appraisers including Registered Trainees. Seconded by Mr. Moe, carried.

Mr. Le Moyne read a letter sent from the Kentucky board. Kentucky board requested information on how Idaho views contingent fee agreements. Fannie Mae will pay a certain fee per appraisal. Appraisers in Idaho have the option to charge Fannie Mae their own set fee. The board concluded that they would not control individual appraiser’s fees.

Mr. Le Moyne to draft a letter to the Kentucky board explaining views of Idaho board and that the board shares their views.

Board discussed letter sent from Registered Trainee applicants. Applicants addressed the board and reiterated the letter sent to the board.

Motion made by Mr. Moe to accept the hours obtained from October 2004. Seconded by Mr. Morgan, carried.

Board discussed correspondence from an appraiser with a question on having to create a new order when a need arose to replace the client on a recently completed appraisal. The board agreed that it is up to the appraiser to charge a new fee or not. Mr. Morse to reply in a letter to the appraiser and to carbon copy the board.

The board reviewed AARO announcement to offer a copy of a seminar on tape entitled “Appraisal Scope of Work: Burden or Blessing”.

Motion made by Mr. Morse to have Board secretary find out the cost of a CD and to notify the board. Seconded by Mr. Moe, carried.

Board reviewed letter from an ex-board member requesting continuing education credit for time spent as a board member. At this time the board can not allow board members to count time spent as a board member as continuing education.

Motion made by Mr. Morse to direct IBOL staff to prepare new rule allowing board members to count board meetings as continuing education credit.  Seconded by Mr. Moe, carried.

Board discussed letter from licensed appraiser who asked the board to clarify rule 299.02.a. In the future, board would like to discuss allowing credit for pre-licensure courses that are less then 15 hours in length. Mr. Bachmeier will respond to letter.

Board discussed an increase in fees for Pro-reviewers.

Motion made by Mr. Morse to give staff the latitude to pay Pro-reviewers up to $750 for commercial and $250 - $350 for residential. Standard 3 reviews will be negotiated case by case basis. Seconded by Mr. Morgan, carried.

Board discussed scheduling a conference call on the months that a board meeting is not scheduled. IBOL staff to establish dates, times, and agenda. Board members will be reminded through email of such conference calls.

Motion made by Mr. Morse to authorize staff to organize monthly meetings. Seconded by Mr. Bachmeier, carried.

Board discussed individuals determining values without a license. Civil action could be used or cease and desist. Upon complaint IBOL will investigate and may carbon copy County Prosecutor.

Board gave the public an opportunity to speak.

Motion made by Mr. Moe to go into executive session to review applications. Seconded by Mr. Bachmeier, carried.

The following applicants were approved for examination:

 

Bruce Lennick for CRA

Jeffery Wood for CRA

Richard Southwick for LRA

Jeffery Lawton for CRA

Decker Adams for CGA

Darian Robbins for LRA

Michael Boldt for LRA

Kenneth Fields for CRA

Motion was made by Mr. Morgan to approve the following courses:

ASFMRA

                                                                                

Identifying Intangible Assets                         15                    CE                    4/17/2010        

 

 

MCKISSOCK

 

Appraising REO and Foreclosure Properties      8               CE                          4/17/2010   

 

Residential Construction                                    8               CE                           4/17/2010

 

Appraising FHA Today                                     8               CE                          4/17/2010

 

Cost Approach                                                 8               CE                           4/17/2010

 

Private Appraisal: What to Do- What Not to Do 8           CE                            4/17/2010

 

National USPAP Update                                  7                 CE                        4/17/2010

 

 

NATIONAL BUSINESS INSTITUTE

 

 

Eminent Domain: Past, Present & Future        2                      CE                    4/17/2010

 

 

 

SPOKANE- KOOTENAI COUNTY REAL ESTATE RESEARCH COMMITTEE

 

2006 Real Estate Market Forum                       5                       CE                     4/17/2010

 

 

APPRAISAL INSTITUTE

 

Advanced Residential Applications and             15                     PL & CE           4/17/2010

Case Studies Part I

 

Advanced Residential Report Writing Part II   30                       PL & CE           4/17/2010

 

Washington Appraisal Summit 2006                  6                       CE                     4/17/2010

 

 

WASHINGTON ASSOCIATION OF REALTORS

 

National USPAP Course                                  7                       CE                     4/17/2010

 

Residential Appraisal Review                            8                       CE                     4/17/2010  

 

 

LINCOLN GRADUATE CENTER

 

Basic Appraisal Principles                                 30                     PL & CE           4/17/2010

 

Basic Appraisal Procedures                              30                     PL & CE           4/17/2010

 

                                                                                                                                            

Residential Market Analysis & Highest              15                     PL & CE           4/17/2010

and Best Use                                                                                                     

                                                                       

Residential Appraiser Site Valuation                  15                     PL & CE           4/17/2010

and Cost Approach

 

Residential Sales Comparison and                     30                     PL & CE           4/17/2010

Income Approaches

 

Residential Report Writing and Case Studies   15                       PL & CE           4/17/2010

 

 

THE COLUMBIA INSTITUTE

 

7- Hour National USPAP Update- Online         7                          CE                 4/17/2010                

URAR Report Review Form- Online                   7                         CE                4/17/2010

 

Overview of the Appraisal Process – Online    14                           CE                4/17/2010

 

Residential Report Writing & Case Studies – Online      14             CE                4/17/2010

 

An FHA Single Family Appraisal – Online             14                       CE               4/17/2010

 

Appraisal Methods – Online                                14                        CE               4/17/2010

 

The board set future Real Estate Appraisal conference calls as follows:

 

May 10, 2006            9:00 a.m. to 10:00 a.m.

July 12, 2006             9:00 a.m. to 10:00 a.m.

September 12, 2006   9:00 a.m. to 10:00 a.m.

November 15, 2006   9:00 a.m. to 10:00 a.m.

 

Meeting adjourned at 2:50 p.m.