More About The Appraisal Foundation

The Appraisal Foundation

The Appraisal Foundation sets the Congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on valuation methods for all valuation professionals. This work advances the profession by ensuring that appraisals are independent, consistent, and objective.

Headquartered in Washington, DC, the Foundation ensures the profession adapts to the changing world and achieves this through three independent boards: the Appraisal Practices Board (APB), Appraiser Qualifications Board (AQB), and the Appraisal Standards Board (ASB).

The Appraisal Foundation Boards

 For more information on The Appraisal Foundation follow this link.


The Appraisal Qualifications Board

The AQB establishes the minimum education, experience and examination requirements for real property appraisers to obtain a state certification.


Appraisal Practices Board

Identifies and issues guidance on valuation methods and techniques. The board is comprised of individuals from a wide range of expertise. The APB represents the combined judgment of leading valuation professionals.


Appraisal Standards Board

The ASB establishes minimum education and experience requirements for appraisers. The ASB issues USPAP and is funded by a grant from the ASC.


Appraisal Subcommittee

The ASC is responsible for monitoring the individual states in the licensing and certification of real property appraisers. The ASC provides oversite for activities of The Appraisal Foundation.