The Appraisal Foundation: Who We Are

The Appraisal Foundation

The Appraisal Foundation (Foundation) is the nation’s foremost authority on the valuation profession.  The organization sets the Congressionally authorized standards and qualifications for real estate appraisers as well as qualifications for personal property appraisers and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals. This work advances the profession by ensuring that appraisals are independent, consistent, and objective.

Headquartered in Washington, DC, the Foundation is directed by a Board of Trustees (BOT).  The Foundation also ensures that the profession adapts to changing circumstances and continues to move forward through the work of  its two independent boards: the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).  For more information on the Foundation, download An Overview of The Appraisal Foundation or visit our FAQs page.  

History

In 1986, nine leading professional appraisal organizations in the United States and Canada formed an Ad Hoc Committee on the Uniform Standards of Professional Appraisal Practice (USPAP) in response to the crisis in the savings and loan industry.  In 1987, the Committee established the Foundation to implement USPAP as the generally accepted set of appraisal standards in the United States. These organizations recognized the importance of ensuring that appraisals are based upon established, recognized standards.  

In 1989, the U.S. Congress enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), which authorized the Foundation as the source of appraisal standards and qualifications.  The Foundation is not a membership organization but rather is composed of other organizations.  Today, with Sponsoring Organizations and Advisory Councils, close to one hundred organizations, corporations and government agencies are affiliated with the Foundation. 

  Appraiser Regulatory System 

 Who regulates appraisers? Who regulates the states?
   

  International Activities 

Working across borders to improve the valuation profession.
  


  Corporate Partners 


 
Meet our partners who promote the valuation profession!
  

  Request Speaker 



 
Would you like us to speak at your program?
  



  Boards 



 
Our boards work together to preserve public trust.

   

  Sponsors 

 

Who helps make our work possible?



   

  Councils 

 

NGOs, government agencies, and for-profit entities provide guidance to our Boards.

   

  Contact Us 



 
Find out staff emails, phone numbers, and who to contact for specific needs.
  



Infographics about The Appraisal Foundation

 


The Appraisal Foundation: An Overview


The Appraisal Foundation: 
How to Get Involved


The Appraisal Foundation: Working with the Federal Government

This infographic provides a brief overview of The Appraisal Foundation and its activities.

This infographic details how both individuals and organizations can get involved with The Appraisal Foundation. The appraisal profession is strengthened by the voices and input of many, and your participation is welcome and encouraged.

This infographic provides a list of joint projects between the Foundation and the US government through the years.