Any person who represents himself as an appraiser has an obligation to the public to be sufficiently competent to fulfill the obligations that attach to the appraisal role and to the requirements of each specific appraisal assignment.

This course of study in valuation theory, principles, methodology and report writing prepares the student to understand and correctly employ the appraisal theory, methods and techniques necessary to develop a credible value opinion that is in compliance with USPAP. While the ACA offers the nationally recognized 7-Hr USPAP Update Curse, the ACA does not offer the 15-Hr National USPAP Course w/Exam. Such courses are offered by other organizations on a frequent basis. Contact us if need be for a recommendation for a 15-Hr USPAP Course provider.

ACA does not establish, accredit or certify appraisers. Mere completion of this Complete Online Course in Personal Property Appraising does not establish a student's qualifications to appraise. In addition to principles, methodology, and standards, would-be appraisers must also obtain requisite product knowledge for the types of property they will be appraising. The product knowledge that is necessary to produce a competent appraisal is a life-long learning endeavor and is not addressed by this course offering.

While many personal property appraisers are independent and belong to no professional appraisal society, students who wish to represent themselves as professional appraisers would benefit from joining an association that offers designations. Membership in a professional appraisal association or society is independent of the ACA. Each society establishes its own educational and experience requirements for designation.

The Association of Online Appraisers (AOA) endorses our appraisal course offerings. Currently, students who complete the Complete Online Course in Personal Property Appraising will be recognized as meeting the principles and methodology portion of the educational requirement for earning a designation in the AOA. Other reputable personal property appraisal organizations having their own educational requirements include the International Society of Appraisers, the American Society of Appraisers, and the Appraisers Association of America.

Last modified: Monday, 2 September 2024, 4:20 AM