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Category: News

New Rules Will Reduce Criteria to Upgrade

Friday, April 20, 2018
Appraiser Cert Program - 05-14-2018 Public Hearing.pdf
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PRESS RELEASE - AQB Adopts Revised Criteria for Real Property Appraiser Qualifications

Thursday, February 1, 2018

On February 1, 2018, the AQB adopted Sections 1, 2, and 4 of the Fourth Exposure Draft with an implementation date of May 1, 2018.

Click on the link below to read the entire Fourth Exposure Draft.
AQB Fourth Exposure Draft RPAQC FINAL.pdf



National Board Adopts Revised Criteria for

Real Property Appraiser Qualifications



February 1, 2018 



Paula Douglas Seidel, 202.624.3048


Washington, DC -- The Appraiser Qualifications Board (AQB) of The Appraisal Foundation (Foundation) adopted revisions to the Real Property Appraiser Qualification Criteria (Criteria). These changes will provide additional methods for entry into the real property appraisal profession in the United States. The Criteria will become effective on May 1, 2018.


Today’s changes were the result of a nearly three-year process of deliberations, which included the issuance of a discussion draft, concept paper, and four exposure drafts. The proposed changes were publicly vetted at a formal hearing, focus group session, and at several public board meetings. The proposed changes generated over 1,300 comment letters. 


Today’s changes include a number of options for entry into the residential appraisal profession. Additionally, the number of experience hours and timeframe for obtaining that experience have been modified.


In the coming months, the AQB will further develop a concept that was outlined in previous exposure drafts: Practical Applications of Real Estate Appraisal (PAREA). PAREA will provide an alternative method for appraisers to gain experience towards obtaining a real property appraiser credential by performing USPAP-compliant appraisals on real properties as well as virtual properties via emerging classroom technology. 


Mark Lewis, Chair of the Appraiser Qualifications Board, said of today’s action, “The importance of qualified appraisers performing solid valuations on residential and non-residential real property cannot be understated.” He continued, saying, “The Real Property Appraiser Qualification Criteria is a living document that needs to fully reflect ongoing changes in the marketplace. These changes were adopted with the ultimate goal of protecting the public trust.” 


The Foundation will work closely with state appraiser regulatory agencies to implement the new Criteria by the effective date of May 1, 2018. Visit The Appraisal Foundation’s website at for more information on these exciting new changes. 

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Scholarship Fund Donation Pledge

Saturday, January 13, 2018
Scholarship Fund Donation Pledge.pdf
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PAASD BOD Meeting Minutes 10/5/2017

Monday, January 8, 2018
October 5, 2017 PAASD BOD Meeting Minutes.pdf


Monday, November 20, 2017

The Annual Meeting and Education Event for 2018 will be January 17 and 18, Wednesday and Thursday. The Event will be held at Arrowwood Cedar Shore Resort in Chamberlain, SD.
    PAASD Board of Directors will meet Tuesday evening, January 16, 2018.
    The SD Chapter of ASFMRA will hold their Chapter meeting on Wednesday evening, January 17, 2018.
    The PAASD Annual Meeting will be held during lunch on Thursday, January 18, 2018.
    ASFMRA and PAASD will each have a class on Wednesday and USPAP Update will be Thursday.

If you have made reservations at Cedar Shore and need to change them, call 605-734-6376 - they will now have Tuesday night under the Professional Appraisers Room Block along with Wednesday night.

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PAASD Professional Development Scholarship Application for Jan 2018 Award

Tuesday, October 17, 2017
PAASD Professional Development Scholarship Application - 2018 Award.pdf


PAASD BOD Meeting Minutes 5/18/2017

Wednesday, October 4, 2017
May 18, 2017 PAASD BOD Meeting Minutes.pdf

2018-2019 7-Hour USPAP Offerings

Friday, September 29, 2017
2018 PlanToRegister Flyer_PAASD 11-03-2016 USPAP class.pdf

PAASD BOD Meeting Minutes 01/25/2017

Sunday, May 14, 2017
Jan 25, 2017 PAASD BOD Meeting Minutes.pdf

NAR Appraiser Trends Survey

Thursday, March 16, 2017
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