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Qualified, not competent is first key element with PAREA-Part II
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The Appraiser Qualifications Board (AQB) of The Appraisal Foundation (TAF) earlier released its first Exposure Draft concerning the Practical Applications of Real Estate Appraisal (PAREA).
TAF, with Appraisal Issues Vice President John Brenan, along with AQB Chairman Mark Lewis hosted a webinar outlining specifically what PAREA is, and is not.
In Part II of this story Valuation Review continues its conversation with Brenan as to more thoughts from the AQB on the proposed PAREA option for appraisers.
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