On September 23, 2019 NAR sent a letter to the Appraisal Standards Board. The letter thanks the Board for the opportunity to comment on the Appraiser Standards Board’s (ASB) Concept Paper –Evaluation Standards in USPAP. NAR agrees with the ASB that the real estate valuation market is changing and the continued use of evaluations, rather than traditional appraisals, in both purchase and re-finance transactions demands attention by stakeholders.
NAR Comment Letter to Appraisal Standards Board Regarding Evaluation Standards PaperWorking
Issue Date: September 23, 2019
On September 23, 2019 NAR sent a letter to the Appraisal Standards Board. The letter thanks the Board for the opportunity to comment on the Appraiser Standards Board’s (ASB) Concept Paper –Evaluation Standards in USPAP. NAR agrees with the ASB that the real estate valuation market is changing and the continued use of evaluations, rather than traditional appraisals, in both purchase and re-finance transactions demands attention by stakeholders.
Download Letter