Calling on Residential Appraisers

by Dave Towne · Published July 31, 2015 · Updated February 16, 2018

Calling on Licensed & Certified Residential Appraisers - Be the Change

Calling on Licensed & Certified Residential Appraisers

Appraisers,

The Appraisal Foundation seeks candidates for its Boards. We need a diversity of ‘license types’ to serve on these Boards. Your service time and travel expenses are covered.

I just completed an analysis for the current members on the Appraiser Qualifications Board. Individually, they are all nice and very qualified people, but they are ALL Certified General appraisers. In the US there are fewer CG’s than there are License or Certified Residential appraisers.

The composition of the AQB has been largely dominated by CG’s for years. These are the folks who have mandated the overly restrictive educational requirements before one can even begin the process to become a residential appraiser. But that mandate may be changing, based on the ‘white paper‘ requesting comments about current policy the AQB issued a couple of weeks ago.

So my point here is we shouldn’t have foxes always guarding the hen house. Appraisers who primarily do Residential assignments should be represented on these Boards.

Residential Appraisers consider submitting your application (see PDF below).

Excerpt:

“The Appraisal Foundation Seeks Candidates Vacancies on the Appraiser Qualifications Board and the Appraisal Standards Board. Application Deadline is August 3, 201.

Background and Qualifications
The Appraiser Qualifications Board (AQB) is responsible for setting minimum qualification criteria for state licensure and certification of real estate appraisers and has established voluntary qualification criteria for personal property appraisers. Familiarity with appraiser qualifications is a prerequisite of service on the AQB, and a minimum of ten years of appraisal experience is required. The AQB has up to three face-to-face meetings per year. These meetings typically consist of 1½-days of work sessions and a ½-day public meeting. In months when the AQB does not meet face-to-face, they conduct WebEx or telephonic meetings. Individuals serving on the Board are compensated for their time and reimbursed for travel expenses. Those selected for AQB positions will serve initial terms of one to three years, commencing January 1, 2016.”