Berger & Montague, P.C. is investigating potential class
action lawsuits on behalf of real estate appraisers and assessors
who did not receive overtime pay.
a real estate appraiser?
Real estate appraisers-also called real estate
assessors-estimate the value of land and any buildings on that land
before it is sold, mortgaged, taxed, insured, or developed.
Real estate appraisers and assessors typically perform the
- Check public records to ensure the legal descriptions of real
estate properties are accurate
- Inspect new and existing properties
- Take photos of properties' interiors and exteriors
- Evaluate similar nearby properties to help calculate
- Write property value reports
- Collect and maintain data on each real estate property
While real estate appraisers and real estate assessors perform
similar duties, they do have some differences:
- Real estate appraisers usually value one property at a time and
often specialize in a certain type of real estate, such as
commercial or residential.
- Real estate assessors value properties for property tax
assessments and usually work for local governments. Unlike
appraisers, real estate assessors often value an entire
neighborhood of homes at once.
aren't real estate appraisers and real estate assessors receiving
Under the Fair Labor Standards Act (FLSA), a federal law that
establishes minimum wage, overtime pay eligibility, recordkeeping,
and child labor standards, most employees in the private sector and
federal, state, and local governments are entitled to overtime
wages. The FLSA defines "overtime" as working more than 40 hours
However, there are "exemptions," or employees who do not qualify
for paid overtime. Many employers have misclassified real estate
appraisers and real estate assessors as exempt employees, when in
reality they are non-exempt employees under the FLSA and do qualify
for overtime wages.
If you are a current or former real estate appraiser or assessor
and believe you were wrongfully denied overtime pay, contact Berger
& Montague. You may be able to file a class action lawsuit.
real estate appraiser and assessor unpaid overtime
Multiple real estate appraiser and assessor unpaid overtime
class action lawsuits have settled over the past several years.
- JPMorgan: In October 2014, JPMorgan
Chase & Co. agreed to pay $2.4 million to resolve a putative
class action alleging the company incorrectly classified commercial
real estate appraisers as exempt from overtime.
- Bank of America: In August 2015, Bank
of America Corp.'s appraisal subsidiary, Landsafe Appraisal
Services Inc., agreed to pay $36 million to settle a class action
accusing the company of misclassifying residential real estate
appraisers as exempt from overtime.
have to pay to consult with an attorney?
We are happy to talk with you about your potential claims free
of charge. If we decide to represent you in a lawsuit, we will
enter into a written contingent fee agreement with you. A
contingent fee agreement means we only get paid if we win, and that
we will receive our fees from the amount paid by the Defendant in
Please contact us to discuss the details of your case. You
- Use the contact form on this page ("Inquire About Your
- Email firstname.lastname@example.org
- Call (800) 424-6690
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