Welcome to the Appraisers’ Coalition of Washington.

Greetings to Washington State Appraiser’s and the Appraiser’s Coalition of Washington Supporters…

April Showers Bring May Flowers or so they say!  This year is moving along so quickly.  Here is the April update!

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We recently checked in on the appraiser numbers in Washington. DOL has the following numbers:  

Certified General 1,047
Certified Residential 1,487
Licensed 127

Total 2,661

Trainees 344

Total 3,005

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NEW INFORMATION

Next month the Association of Appraisers Regulatory Officials (AARO) will be holding their spring conference in Seattle. The conference is being held at the Westin Hotel, May 4th through May 6th, 2018.

This conference is attended by appraiser regulators form across the country. Also there are lenders, real estate professionals, and of course, appraisal management companies; all of whom are there to promote their concerns regarding appraisers and the appraisal profession.

So it is important that appraisers attend too! The only ones attending representing appraisers is appraisers! If you’re not there defending yourself and the appraisal profession, then your voice is not being heard. So it would be a good idea to come on out for at least one day anyway!

This year a day pass is being offered for $250. The full conference fee is $500. I have attached a tentative conference schedule. And no, you do not get CE. But, you do get to mingle with those that determine your future. And you can voice your opinion!

AARO Schedule:  Tentative Schedule

AARO Registration Sheet: Sign Up Sheet

AARO Web Site:  AARO Web Site Link

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August 16th – August 17th – ACOW Summer Conference

This year’s conference will be at the La Quinta Inn in Tacoma, WA. It will be packed with information for the boots on the ground appraiser. Those in attendance will receive 14 hours of continuing education for attending both days and 7 hours for attending one of the two days. One of this year’s highlights will be a presentation from John Brenan, Director of Appraisal Issues, The Appraisal Foundation.

The board of directors is in the final stages of organizing this year’s event and we hope to have the full schedule published within the next month. So mark your calendar and stay tuned for more exciting news on this event.

Mark your calendar. This will be an event worth attending!

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LAST MONTH

As previously published; ACOW submitted 3 bills to the 2018 legislation. Unfortunately, none of the bills made it through this year’s short session. The fee bill never made it out of the rules committee. And while the statutes of limitation/inactive license bill did make it out of the rules committee, it was never presented on the senate floor. Our state senators spent most of the day discussing the death penalty that day, which lead to the death of our bill as well as many others.

Not to worry. This was not a waste of time. While we did not get the bills through, we did get the attention of a number of state senators and representatives. We have learned from this and we will pick ourselves up, refine these bills, and submit them again next session!
ACOW wants to thank everyone that participated in this year’s legislative activities! Really, without your support, we would not have gotten as far as we did. And like I said, it’s not over. We will need your support next time around!

All of the legislative information on this page has been moved to the Legislative Page of this site.

So, what’s next?

TAF/Education Update

TAF/AQB has published they incorporated the education and training requirements previously published in the 4th Exposure Draft. While the AQB can set the minimum standards, states may choose to adopt some, all, or none of the AQB’s new requirements. ACOW has met on this and is making recommendations to the Department of Licensing as to what the standards should be. Our thoughts are based on discussions with appraisers in the field. If you have some thoughts on this, feel free to speak up.

 

Join or Donate | 2018 Member Dues $60

BREAKING NEWS – 03/29/2018

 Case against LandSafe granted class action status

The national law firm of Baron & Budd announced that it has secured a certified plaintiff class action federal lawsuit against Countrywide Financial Corp. and its successor, Bank of America. The plaintiffs accuse the bank and appraisal firm, LandSafe Inc., of conducting “sham” appraisals to boost the number of loans originated by Countrywide.

Full Article – Click Here

NEWS FLASH

It’s Official – Per WAC 308-125-095 Responsibilities of the appraiser supervisor, section (1) A certified real estate appraiser licensed by the state of Washington may supervise trainees in accordance with the following provisions: (i) Personally inspect with the trainee, at a minimum, the interior of twenty five subject properties, OR until the supervisory appraiser considers the trainee competent.


The Appraisers’ Coalition of Washington (ACOW) is a Washington non-profit corporation organized by the Washington chapters of all appraisal organizations that are member organizations of the Appraisal Foundation Advisory Council.
The purposes of ACOW are as follows:
  • To educate and communicate with members of the appraisal profession or with any persons concerned with valuation of real or personal property in Washington about legislative and regulatory issues.
  • To support the maintenance and improvement of The Uniform Standards of Professional Appraisal Practice (USPAP) and its effective enforcement by the State of Washington.
  • To foster and promote the appraisal profession to the general public through education, research, and publications.
  • To raise the funds necessary to administer its activities and to carry out its purposes and objectives.

Appraisal Watchdog

Need to take action now. Helpful links to programs designed to help appraisers and consumers.

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Washington State Legislature

One of our jobs at ACOW is to keep track of pending legislation that affects the Real Estate Appraisers of Washington State. To learn more about what is happening in Olympia today.

WA Legislature

Regulatory Agencies

The Appraisal Foundation provides regulation, standards and qualifications for real estate professionals. To learn more about The Appraisal Foundation click the button.

Learn More