About The Appraisal Foundation

NOTICE: Extension of Current USPAP

The Appraisal Standards Board voted on February 19, 2021 to extend the effective date of the current 2020-21 USPAP through December 31, 2022. Click here to learn more.

The Appraisal Foundation: Who We Are

The Appraisal Foundation

The Appraisal Foundation (Foundation) is the nation’s foremost authority on the valuation profession. The organization sets the Congressionally authorized standards and qualifications for real estate appraisers as well as qualifications for personal property appraisers and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals. This work advances the profession by ensuring that appraisals are independent, consistent, and objective.

Headquartered in Washington, DC, the Foundation is directed by a Board of Trustees (BOT). The Foundation also ensures that the profession adapts to changing circumstances and continues to move forward through the work of its two independent boards: the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). For more information on the Foundation, download An Overview of The Appraisal Foundation or visit our FAQs page.

History

In 1986, nine leading professional appraisal organizations in the United States and Canada formed an Ad Hoc Committee on the Uniform Standards of Professional Appraisal Practice (USPAP) in response to the crisis in the savings and loan industry. In 1987, the Committee established the Foundation to implement USPAP as the generally accepted set of appraisal standards in the United States. These organizations recognized the importance of ensuring that appraisals are based upon established, recognized standards.

In 1989, the U.S. Congress enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), which authorized the Foundation as the source of appraisal standards and qualifications. The Foundation is not a membership organization but rather is composed of other organizations. Today, with Sponsoring Organizations and Advisory Councils, close to one hundred organizations, corporations and government agencies are affiliated with the Foundation.

Appraiser Regulatory System

Who regulates appraisers? Who regulates the states?

Learn how it all works!

International Activities

Working across borders to improve the valuation profession.

International Outreach!

Corporate Partners

Meet our partners who promote the valuation profession!

Meet our Partners!

Request Speaker

Would you like us to speak at your program?

Get a Speaker!

Boards

Our boards work together to preserve public trust.

Who are our Boards?

Infographics about The Appraisal Foundation


The Appraisal Foundation: An Overview	The Appraisal Foundation: How to Get Involved	The Appraisal Foundation: Working with the Federal Government
This infographic provides a brief overview of The Appraisal Foundation and its activities.	This infographic details how both individuals and organizations can get involved with The Appraisal Foundation. The appraisal profession is strengthened by the voices and input of many, and your participation is welcome and encouraged.	This infographic provides a list of joint projects between the Foundation and the US government through the years.