Washington Report

Advocacy Updates from Washington D.C.

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience

NAR sent a letter to the Appraisal Foundation's President David Bunton urging the Appraisal Foundation (TAF) to review the experience and education of workers in parallel professions and consider it for potential credit to satisfy the accreditation requirements of appraiser licensing.

NAR's Board of Directors adopted this policy at the annual NXT meeting in Orlando, Florida. REALTORS® believe that this change, particularly recognizing the experience and education attained by REALTORS®, could expand the pool of entrants to the appraisal profession, while maintaining the solid standard of competency the profession demands.

Read NAR's Letter to the Appraisal Foundation