Mich. Admin. Code R. 339.23207

Current through Vol. 24-21, December 1, 2024
Section R. 339.23207 - Market analysis by real estate licensees; acceptable experience

Rule 207. Market analysis as performed by a real estate licensee may be included in the experience required in R 339.23203, if both of the following conditions are met:

(a) The applicant provides proof that he or she was properly licensed as a real estate broker, associate broker, or salesperson when the real estate market analysis was performed.
(b) The analysis is prepared in conformity with standards 1 and 2 of USPAP, and the individual can demonstrate that he or she is using similar techniques as appraisers to value properties and effectively utilizes the appraisal process.

Mich. Admin. Code R. 339.23207

1996 AACS; 2002 AACS