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Appraiser News

TAF: February highlights appraisers should know

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Appraiser News
Monday, February 10, 2025

The Appraisal Foundation (TAF) President Kelly Davids updated appraisers with the latest news from the TAF February newsletter. The newsletter pointed out specific ideas Davids believes will move the profession forward.

“This month, I want to give you some concrete examples of how the AQB (Appraiser Qualifications Board) is doing just that with its project to comprehensively review the qualification criteria,” Davids wrote in the newsletter. “This project kicked off in earnest last year as the AQB did a deep dive into the college-related education requirements in the criteria. You probably remember the concept paper they released last summer. The board received hundreds of comments in response, and they worked with The Decision Lab, a behavioral design think tank, to assist them in following a clear analytical approach to arrive at sound, data-driven solutions.”

Additionally, out of that process Davids pointed out, the AQB concluded there was “valid” rationale to consider removing some college course and degree-related requirements, but they also recognized the need for further analysis before making any recommendations.

To support this, the TAF president noted the AQB decided to move up their planned Job Analysis survey, which was originally scheduled for next year. This survey, now set for release soon, will not only inform updates to the exam but also help reevaluate the fundamental requirements in the criteria.

“At the same time, the AQB is preparing to release a concept paper on ‘alternative experience’ pathways. This paper will explore how related professional experience, outside of traditional appraisal work, could count toward credentialing. You should expect this paper in the first half of the year, and we encourage you to review and comment on it—your feedback is vital to the process,” Davids shared.

“After the concept paper on alternative experience is released and stakeholder input is analyzed, the AQB will turn its attention to the national exam,” she added. “This phase will reconsider how the exam is designed, including whether it should continue using its current practice-based approach or adopt a different foundational principle. The goal is to ensure the exam reflects the needs of the profession and aligns with any changes made to education and experience requirements.”

These phases are interconnected, and while the AQB is currently focused on phases one and two, they anticipate beginning work on the exam later this year. Their goal is to wrap up all three phases by year-end so that any proposed changes can be included in the 2026 criteria release.

“This is an ambitious schedule for the board, but they cannot do it without you,” Davids said. “Your voice is invaluable to this process. Be sure to watch your inbox, visit our website, and follow us on social media to stay updated and engaged as we advance the profession.”

 

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