Advisory Councils

The Appraisal Foundation interacts with over 90 non-profit organizations, government agencies and for-profit companies through its Advisory Councils.  Advisory Councils provide recommendations to the Foundation on major issues pending before its independent Boards.   Recommendations are provided specifically on modifications to the Uniform Standards of Professional Appraisal Practice (USPAP), the AQB Criteria (Real Property Appraiser Qualification Criteria and Personal Property Appraiser Qualification Criteria) as well as other important projects.

The Appraisal Foundation expresses its gratitude to the member organizations and individual representatives of The Appraisal Foundation Advisory Council and the Industry Advisory Council  for their dedication of time and contributions to the work of the Foundation and the appraisal profession.

For more information on the Advisory Councils listed below, please contact Arika Cole at [email protected].

The Appraisal Foundation Advisory Council

The Appraisal Foundation Advisory Council (TAFAC) is composed of 60 non-profit organizations and government agencies.  TAFAC member organizations represent various professions and occupations with an interest in valuation including appraisers, home builders, real estate brokers, financial institution regulators, federal land acquisition agencies, the secondary mortgage market and the private mortgage insurance industry. 

Industry Advisory Council

The Industry Advisory Council (IAC) is composed of 35 for-profit entities with an interest in valuation.  The IAC was created as a way to gain insight from the for-profit sector of the valuation marketplace.  IAC member organizations include corporations and partnerships representing appraisers, lenders, insurers and other groups interested in professional valuation.