Many of us have heard the Big Dog, Cyndy Kilmen squawk about her new fees for her License/Certification. Seems the State of New Hampshire Joint Board/Appraiser Board has seen fit to accept Cyndy’s money for her renewal, but has fallen short of the full two years of approval. Jenn Cote is in the same boat.
According to Cyndy, her Certification begins January 1, 2013, but ends in April 2014, the month of her birth. Congratulations in advance on turning 29 again, Cyndy.
Having served on the New Hampshire Appraiser Board and having paid fees since its inception, I am acutely aware of the costs in our business. Between MLS fees, REALTOR fees, fees for tax cards, gas, etc., things have been getting out of hand.
Appraiser fees at the state level are pretty well defined. The New Hampshire Appraiser Board is a 125% state agency. That means that the licensing fees should cover 125% of the costs to run the agency for a year. We have roughly 800 licensed people. Those licenses times $200 per year in fees means there is $160,000 +/- per year in income. I believe $25.00 of each license goes to Washington, NH. That leaves $175 per appraiser per year. That equals $140,000 net to the state per year.
Now after moving out of the one room office and losing one executive administrator, we now have one administrator, two cubicles, some storage and one administrator that oversees several other agencies as well.
I would suggest that if this is a concern to you, contact the Appraiser Board and ask for the financials. See where the money is going. Then contact the members of the Appraiser Board and let them know your thoughts.