NAR Letter to Appraisal Foundation Regarding Draft Comment AQB Qualifications

Issue Date: January 12, 2018


On January 12, 2018, NAR sent a letter to Joseph C. Traynor, Chair of the Appraiser Qualifications Board (AQB). The letter is in response to the AQB's Fourth Exposure Draft of Proposed Changes to the Real Property Appraiser Qualification Criteria. NAR supports revision of the Qualification Criteria to reduce unnecessary cost and time burdens on potential appraisers and ensure the continued entrance of new appraisers into the profession. Appraisals are an integral part of the home-buying process and ensuring there are well-trained, qualified appraisers to supply demand is key to a safe and healthy housing market.