The Appraiser Qualifications Board (AQB) of The Appraisal Foundation (TAF) has engaged a panel to assist in the development of Practical Applications of Real Estate Appraisal. This panel will provide the AQB with recommended outlines for programs offering alternative options for appraiser candidates to obtain real property appraisal experience, the TAF release stated.
“The AQB’s goal is to design an experience-based curriculum that will emulate real estate appraisal practice. The curriculum will include experience modules for the Licensed Residential, Certified Residential, and Certified General credential levels,” AQB Chairman Joseph Traynor said in the release. “Benefits of this type of practice-based experience will include consistent educational materials provided by qualified mentors. Experience module outlines are currently being developed for each of the credential levels stated above.”
The panel first met in Washington, D.C., on Dec. 14, 2016. The composition of the panel is diverse, and includes members with backgrounds in residential and non-residential appraising, real property education, appraiser regulation, membership organizations, and appraisal management companies. Panel members include:
- Scott Biethan
- William Fall Rebecca L. Jones
- Randall Kopfer
- Jordan Petkovski
- Donald T. Rodgers
- Debra Rudd
- Leslie P. Sellers
- Stephen Sousa
The AQB intends to issue a Third Exposure Draft of Proposed Changes to the Real Property Appraiser Qualification Criteria in mid-March. The Third Exposure Draft will include proposed alternative experience requirements based on the recommendations developed by this panel. The recommended outlines will be presented in the draft.