The Appraisal Foundation Seeks Applicants for Boards Positions

Deadline for qualified applicants is approaching on April 1, 2010

The deadline for qualified applicants on The Appraisal Foundation Board of Trustees and the new Appraisal Practices Board is fast approaching on April 1, 2010. Candidates chosen for in-person interviews for boards positions will be interviewed in a public forum May 20-21, 2010 in California.

Vacancies on the Board of Trustees
The Board of Trustees of The Appraisal Foundation is charged with funding the work of and appointing members to the AQB and ASB, as well as providing oversight of these two Boards. The Board of Trustees meets twice a year, in the Spring and Fall. Trustees are reimbursed for travel expenses and are not compensated for their time. There are three At-Large Trustee seats available as of December 31, 2010 with one incumbent eligible for re-election. The individuals selected for positions on the Board of Trustees will serve three-year terms commencing January 1, 2011.

The Appraisal Foundation is interested in expanding the diversity of its Board by considering applications from business leaders with an interest in valuation or involved in various appraisal disciplines.

The At-Large Trustee application form and factsheet is available on the Foundation’s web site: https://appraisalfoundation.sharefile.com/d-sb1371b972044d8f8. The deadline for completed applications is April 1, 2010.

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Vacancies on the Appraisal Practices Board
The purpose of the new Appraisal Practices Board (APB) is to issue voluntary timely guidance to appraisers on emerging valuation issues that are occurring in the marketplace. This guidance will be of assistance to appraisers, appraiser regulators and educators. The new Board will enlist the help of market surveys to identify issues that need to be addressed and will empanel small groups of volunteer Subject Matter Experts (SME) to draft the guidance for review and approval by the Board. The SME panels will be selected by the APB to address specific topic issues within agreed upon timeframes. It is anticipated that the SME panels will be established in the latter part of 2010.

The Appraisal Foundation is seeking qualified candidates to serve on the APB. The APB will commence work in July 2010. Members of the APB will be compensated for their time and reimbursed for travel expenses.

Examples of qualifications that the Boards Nominating Committee will seek in candidates include the following:

• A minimum of ten years of appraisal experience
• A strong familiarity with the Uniform Standards of Professional Appraisal Practice (USPAP)
• Familiarity with valuation methodology and techniques
• Experience in writing on valuation topics and/or curriculum development
• Experience with public speaking and/or teaching on valuation topics
• Experience in serving on a publicly accountable board

The APB will be a multi-disciplinary board and therefore, The Appraisal Foundation is seeking candidates from various appraisal disciplines.

The APB application form and factsheet is available on the Foundation’s web site: https://appraisalfoundation.sharefile.com/d-seaa4a4152734b0eb. The deadline for completed applications is April 1, 2010.

Individuals may not apply to both Boards, but rather must apply to either the Board of Trustees or the Appraisal Practices Board.

Any questions about these vacancies or the selection process can be directed to Paula Douglas Seidel (paula@appraisalfoundation.org) or Anne Raley (anne@appraisalfoundation.org).