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Appraisers on same page in Washington.


Legislators and government officials will hear a unified voice from the real estate appraisal Real estate appraisal

An estimate of the value of property using various methods.
 profession during 2007, thanks to an agreement signed by the four largest appraisal organizations in the United States.

The Appraisal Institute, the American Society of Appraisers (ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and ), the American Society of Farm Managers and Rural Appraisers (ASFMRA ASFMRA American Society of Farm Managers & Rural Appraisers (Denver, CO, USA) ), and the National Association of Independent Fee Appraisers (NAIFA NAIFA National Association of Insurance and Financial Advisors (formerly NALU)
NAIFA National Association of Independent Fee Appraisers
NAIFA Nevada Association of Insurance and Financial Advisors
) have signed an agreement that will enable the organizations to work cooperatively in the area of government relations.

Under the agreement, the Washington, D.C. Office of the Appraisal Institute will be responsible for monitoring proposed real estate legislation and will keep members of all four organizations informed of relevant federal and state regulatory real estate issues.

"For the past few years, the Appraisal Institute has worked successfully with the ASA and ASFMRA in advocating for issues that are important to our members," said Don Kelly, the Appraisal Institute's chief external relations officer. "This year we are proud to be joined by NAIFA because the more we can speak as a unified profession, the more success we will have in influencing public policy."

The legislative issues and activities the appraisal organizations will pursue during 2007 include: Achieving appraisal licensing reform to ensure greater professionalism; Combating mortgage fraud by working with Congress and other organizations on solutions to the deficient regulatory structure for the appraisal and lending communities; Supporting appraiser independence as a consumer benefit; Promoting professional appraisers as a resource for a wide array of real estate concerns.

"The issues of mortgage fraud and predatory lending are likely to be near the top of the agenda for several Congressional committees," noted Bill Garber, director of Government Affairs for the Appraisal Institute. "It's important that the top real estate appraisal organizations speak with a unified voice to help enact change."

The Appraisal Institute represents more than 21,000 members worldwide. Members may hold the prestigious MAI MAI Mail (File Name Extension)
MAI Multilateral Agreement on Investment
MAI Maius (Latin: May)
MAI Ministerul Administratiei si Internelor (Romanian) 
, SRPA SRPA Senior Real Property Appraiser (Appraisal Institute)
SRPA Snake River Plain Aquifer
SRPA Sala de Recuperação Pós-anestésica
SRPA Special Registration Plate Account (license plate fund, North Carolina) 
 and SRA SrA
abbr.
senior airman
 designations. Appraisal Institute members adhere to a strictly enforced Code of Professional Ethics professional ethics,
n the rules governing the conduct, transactions, and relationships within a profession and among its publics.

professional ethics liability,
n 1.
 and Standards of Professional Appraisal Practice.

The American Society of Appraisers is an organization of appraisal professionals and others interested in the appraisal profession.

The American Society of Farm Managers and Rural Appraisers is a professionally trained group of farm managers, rural appraisers, review appraisers and accredited accredited

recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria.


accredited herds
cattle herds which have achieved a low level of reactors to, e.g.
 agricultural consultants capable of providing expert guidance and assistance to farmland owners, farmers, and other groups which have caretaking responsibilities for farm lands and rural properties.

The National Association of Independent Fee Appraisers is a nonprofit professional association of real estate appraisers.
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Banking & Finance
Comment:Appraisers on same page in Washington.(Banking & Finance)
Publication:Real Estate Weekly
Date:Apr 4, 2007
Words:420
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