White Papers

The following white papers were developed by The Appraisal Foundation's senior staff and Board and Council members. 

The Appraisal Foundation Industry Advisory Council Automated Valuation Model (AVM) Task Force Reports

Task Force Report 1 examined the current generation of Automated Valuation Models used in housing and makes recommendations on potential standards for AVMs going forward. Task Force Report 2 summarizes the on-going work of the Automated Valuation Model (AVM) Task Force and picks up where the first report’s recommendations left off by doing a deeper dive into the areas that were not fully explored.


White Paper on Requests for Reconsiderations

This white paper is intended to provide information to assist appraisers, users of appraisal services, and others with a greater awareness and understanding of issues surrounding the reconsideration process and offer some suggestions for those who wish to build a more relationship-driven and consistent method.

White Paper on Alternative Valuation Products

This white paper is intended to provide information to assist appraisers, users of appraisal services, and others, with a greater understanding of Alternative Valuation Products and their use in the marketplace. The paper attempts to view these products in light of an appraiser’s USPAP obligations.

White Paper and Presentation: Establishing a Real Property Appraiser Management System

This white paper was presented by David S. Bunton, President of The Appraisal Foundation, in October 2008 at the Real Estate Appraisal Workshop, 1st Arab Real Estate and Urban Development Conference in Abu Dhabi, United Arab Emirates.

White Paper: The Boom and the Bust of the U.S. Real Estate Market: What Went Wrong and the Lessons We Learned

A white paper presented by David S. Bunton, President of The Appraisal Foundation, in October 2008 as the Keynote Address at the Real Estate Appraisal Workshop, 1st Arab Real Estate and Urban Development Conference in Abu Dhabi, United Arab Emirates.

White Paper: The Pricing & Disposition of Distressed Real Estate Assets

This white paper was presented by J. Carl Schultz, Jr., former Chair of the Board of Trustees and Appraisal Standards Board, at the 2nd Annual Arab Real Estate and Urban Economics Conference in Dubai, UAE, October 2009.

White Paper: The Promulgation of Professional Valuation in the United States

A white paper written for the publication of "The Federal Guide: Valuation in the Russian Federation" to be published by the Self-Regulated Inter-Regional Appraisers Association and the Ministry of Economic Development.

White Paper: Establishing a Public Trust Intellectual Property Management System

A white paper presented to the Taiwan Technology Marketplace in September 2006 by TAF President, David S. Bunton.

White Paper: A Blueprint for the Establishment of an Arab Appraisal Foundation

A white paper presented by TAF President David S. Bunton, at the 2nd Annual Arab Real Estate and Urban Economics Conference in Dubai, UAE, October 2009.

White Paper: A Comparative Analysis of the World’s Major Valuation Standards

A white paper presented by J. Carl Schultz, Jr., Past Chair of the Board of Trustees and the Appraisal Standards Board, at the 2nd Annual Arab Real Estate and Urban Economics Conference in Dubai, UAE, October 2009.

White Paper: Building a Relationship Between Academia and The Appraisal Foundation

This paper was presented by David Bunton on April 13, 2007 at the American Real Estate Society (ARES) Conference in San Francisco, CA.

White Paper: AQB National Uniform Examinations

A white paper on the Appraiser Qualifications Board's National Uniform Examinations. 

Presentation: To the Self-Regulated Inter-Regional Association of Appraisers

An English and Russian presentation made to the Self-Regulated Inter-regional Association of Appraisers in July 2007 in Moscow.  The presentation was made by Immediate Past Chair, Lee P. Hackett.

White Paper: Business and Intellectual Property Valuation: The Role of Valuation in Business Management

A white paper presented by Lee Hackett, 2006 Chair of The Appraisal Foundation in Taipei, Taiwan in September 2006.

White Paper: The Property Valuation Professional: Providing Local Expertise, Allowing for Credible Global Financial Decisions

A white paper presented by Alan Hummel, member of the Board of Trustees, to the China Appraisal Society in August 2006.

White Paper: An Overview of the Regulation of Appraisers and Accountants in the US and its Possible Applicability in the People's Republic of China (also available in Chinese translation)

A white paper presented by David Bunton in June 2000 to the China Appraisal Society in Beijing, China (English version).

Concept Paper: Alternative Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria

The Appraiser Qualifications Board has issued a concept paper on Alternative Experience Requirements in the Real Property Appraiser Qualification Criteria.