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CONTACT AAREA 14530 N 90th Lane Peoria, AZ 85381 623-933-0797 phone 623-583-7409 fax Send Us 
E-mail
Copyright 2010,2011 Arizona Association of Real Estate Appraisers (AAREA) All Rights Reserved |
OF
REAL ESTATE APPRAISERS
AAREA was founded to improve the appraisal profession, the professionalism of appraisers and to support and represent our members.
AAREA's ACCOMPLISHMENTS SO FAR:
On February 8, 2019, AAREA presented the results of a survey of Arizona appraisers to the Appraisal Standards Board at their meeting in Scottsdale. Nearly 300 responses have been received voting on proposed changed to the Uniform Standards of Professional Practice.
A number of proposed changes were opposed as indicated in the survey. As a result of our input, as well as other appraisal organizations, the ASB moved not to accept the Third Draft as proposed, but to develop a Fourth Draft.
In 2016 & 2017 AAREA represented its membership when new legislation was proposed by the Council this year. Unfortunately, it did not pass, but we worked with NAIA/CoAA; REASA, and the Appraisal Institute. The legislation was proposed, but it was not brought to the floor.
In 2014 AAREA established the PEER REVIEW COMMITTEE which makes it possible for members to consult with qualified appraisers on appraisals they may be working on, that may come before the Department of Financial Institutions during application for licensure, or that may be subject of a Complaint.
In 2014 AAREA also wrote the APPRAISORS'® CODE OF ETHICS & PROFESSIONAL CONDUCT. Click on the page to the left for more information.
AAREA proposed legislation that was signed into law on May 11, 2012:
- Prohibits "hold harmless" clauses that would put liability for work that was not the appraiser's on the appraiser.
- Requires the fee paid to the appraiser for AMC ordered appraisals to be put in the Scope of Work Section of the appraisal report. This protects the public because it provides transparency, and keeps the lenders apprised of how the AMC fee is actually distributed.
- Extends the time for returning military to re-activate their appraisal careers from 30 days to 180 days.
- Makes USPAP accepted as soon as required by the Appraisal Foundation.
AAREA PEER REVIEW COMMITTEE
AAREA has an estabished "duly authorized peer review committee" so that members can send in appraisals for review without redacting them and be able to discuss them with their peers who are members of the Committee.
This has become very helpful for those members who have Complaints pending at the DFI and who need an independent party to look over their work.
APPRAISORS’® CODE OF ETHICS and Professional Conduct
AAREA has written an APPRAISORS’® Code of Ethics and Professional Conduct.
A four hour CE course on this code has been approved by the Arizona Board of Appraisal.
Please click on the page at the left to see the entire Code.
AAREA is working for the appraiser with special emphasis on the Arizona appraiser.
We are not funded by lenders or AMCs.
If you are not a member, please join and contribute in giving appraisers a voice.
Become A Member.
Membership is Free!
Membership is open to any certified, licensed appraiser, or trainee.
Join AAREA - Click here
Take the AAREA Pledge
I pledge to uphold the rules, standards and principles of the Uniform Standards of Professional Appraisal Practice.
I pledge to perform my appraisal assignments with integrity, independence, objectivity, and impartiality.
I pledge to conduct myself as a professional in my interactions with those I meet during the course of business.
I pledge to promote the appraisal profession by word, by my conduct, and by treating other appraisers with respect.
Join AAREA - Click Here
DONATE TO AAREA