The Appraisal Foundation (TAF) has begun its annual search for qualified candidates to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). The deadline for all applications is Aug. 1, TAF announced in a release.           

The AQB is responsible for establishing the minimum education, experience, and examination qualification criteria for real estate appraisers to obtain a license or certification. Also, the AQB sets the minimum requirements for real estate appraisers to maintain their state credential.

The AQB also establishes minimum requirements for personal property appraisers, and adherence to the personal property criteria is mandatory for foundation sponsors who confer personal property appraiser designations. Proficient understanding of appraiser qualifications and of the minimum knowledge, skills, and abilities needed by those entering the profession is a prerequisite of service on the AQB, TAF said in the release.

The ASB is charged with developing, interpreting, and amending the Uniform Standards of Professional Appraisal Practice (USPAP). Demonstrated proficiency in USPAP is a prerequisite of service on the ASB.

The AQB and ASB each hold in-person two-day work sessions twice a year, with additional work sessions held virtually as needs arise. The meetings are typically held in Washington, D.C., but, at times, are held in other locations in conjunction with meetings of TAF stakeholders. The boards also hold half-day virtual public meetings two to three times per year and monthly two-to-three-hour conference calls.

Individuals serving on the boards are compensated for their time and are reimbursed for travel expenses. Those individuals selected for a position on the AQB or ASB will serve initial terms of one to three years commencing Jan. 1, 2024.

 Click here to complete the online application or visit www.appraisalfoundation.org.

For more information, contact Arika Cole at [email protected] or by phone at (202) 624-3072.