USPAP Extended One Year

USPAP Extended One Year

Appraisers – today The Appraisal Foundation’s Appraisal Standards Board (ASB) announced that the current edition of USPAP will be extended one year, this means that the 2020-2021 USPAP will now be effective to December 31, 2022.   Statement from The...
Virtual Appraisal Experience Approved Nationally

Virtual Appraisal Experience Approved Nationally

  The Appraiser Qualifications Board of the Appraisal Foundation has approved Practical Application of Real Estate Appraisal (“PAREA”) that allows trainees to gain appraisal experience virtually via a computer. The AQB’s Second Exposure Draft on PAREA provides...
Virtual Reality Appraisal Experience

Virtual Reality Appraisal Experience

At its May 3 2019 meeting, the Appraiser Qualification Board demonstrated a glimpse into the future. A future where trainees will gain appraisal experience using virtual reality. The program is called Practical Applications of Real Estate Appraisal (PAREA) currently....