The Appraisal Foundation, a congressionally authorized nonprofit organization that fosters professionalism among appraisers by setting qualifications and standards, announced that its Appraiser Qualifications Board (AQB) has approved several degree programs through its Undergraduate/Graduate Degree in Real Estate Review Program.
In 2009, the AQB established a Graduate Degree in Real Estate Review Program. In 2011, the AQB added an Undergraduate Degree in Real Estate Review Program. The program is free to any accredited undergraduate or graduate college or university that makes application.
Upon receiving a complete application, the AQB conducts an on-site analysis of college/university degree programs in real estate to determine if the course work completed to obtain a degree is consistent with the qualifying education course requirements established by the AQB in the Real Property Appraiser Qualification Criteria. Once the analysis is complete, the AQB publishes the results for state appraiser regulatory agencies to use when reviewing the educational qualifications of applicants who hold such a degree.
The AQB established this program to benefit college graduates looking to obtain a real property appraiser credential, as well as state appraiser regulatory agencies in their review of an applicant’s qualifications.
“The AQB believes this program is another step forward in attempting to attract the best and brightest to the profession,” said Wayne Miller, chairman of the Appraiser Qualifications Board. “The board continues to seek colleges and universities that offer both graduate and undergraduate degrees in real estate to increase awareness of this important program.”
Graduates of the following schools, upon receiving the following degrees with specific courses, are eligible to receive credit toward a state appraiser credential under the AQB’s Real Property Appraiser Qualification Criteria:
Indiana University
Kelley School of Business
Bachelor of Science in Business – Real Estate Degree
Texas A&M University
Mays Business School
Master of Real Estate Degree
University of Denver
Daniels College of Business
Master of Science Degree in Real Estate and Construction Management
Bachelor of Science Degree in Real Estate and Construction Management
University of Northern Iowa
College of Business Administration
Bachelor of Arts Degree in Real Estate
Virginia Commonwealth University
VCU School of Business
Master of Science Degree in Real Estate
Bachelor of Science Degree in Real Estate
Official notification letters with details on courses and topics each degree covers are posted at the following link: https://netforum.avectra.com/eWeb/DynamicPage.aspx?Site=TAF&WebCode=DegreeProgram.
Colleges and universities that wish to apply for this program should visit the Foundation’s web site at https://netforum.avectra.com/eWeb/DynamicPage.aspx?Site=TAF&WebCode=DegreeProgram for a copy of the application.
While the program is complimentary, applications will be considered on a first come, first serve basis.
For more information on the program, please contact Magdalene Vasquez, Qualifications Administrator at 202.624.3074 or [email protected].