Enactment of mandatory licensing for real estate appraisers. HB 2772 requires that all real estate appraisals in Kansas be conducted by a licensed real estate appraiser. Current law allows unlicensed individuals to conduct appraisals when a property has a fair market value less than $250,000 and when that mortgage will not be sold on the secondary market. Under HB 2772, this distinction has been eliminated and all real estate appraisals must now be conducted by licensed real estate appraisers.

KAR was able to secure an exemption to ensure that REALTORS® are still able to provide brokers' price opinion and comparative market analyses to customers, clients and third parties for compensation. 

Full Bill - http://www.kslegislature.org/legsrv-bills/searchBillNumber.do;jsessionid=2D4783E69266EDE1E31B528040116543