Articles by March, 2018

My Standards are Higher than Your Standards

by Administrator on Mar 31, 2018 • Appraisal Standards • 1094 Views

Today for the first time in 40 years as an appraiser I had a potential client tell me they were going with a competitive appraiser because they had “national appraisal standards” and that I apparently do not. As all appraisers are aware in 2008 the Appraisal Qualifications Board (AQB) launched National Uniform Licensing and Certification Examinations. The exams have ended up being somewhat uniform across all state lines and the exams have basically launched a national effort to establish uniform appraisal standards via testing. Together with the Uniform Standards of Professional Appraisal Practice (USPAP) which were also developed as a way to establish national standards and most states have adopted them as the basis for their licensing regulations. I have read that even a couple of countries have adopted USPAP as their appraisal standards.

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