IFA Designation Requirements
Good Moral Character | Applicant must submit the appropriate fee and a completed and signed Experience Rating Form (ERF) with signature of chapter officer or State Director and two letters of recommendation |
Membership Standing | Must be a current Member in Good Standing |
Standards and Ethics | Applicant must submit proof of completion of the 15 hour National USPAP course and must complete ERF with signature agreeing to abide by the ASA Code of Ethics. |
Required Course Work | Must meet the current AQB requirements for Certified Residential. If applicant is a current Certified Residential Appraiser required course work is considered to have been met. |
Comprehensive Exam | An applicant must pass either the AQB National Uniform Licensing and Certification Examinations-Residential or the ASA comprehensive exam. An applicant that is currently State Certified Residential is considered to have met this requirement. |
College Degree Requirement | Applicant must meet the current Certified Residential AQB requirements. Applicant that is State Certified Residential has met this requirement. |
Appraisal Experience | Provide evidence of 3,000 hours of residential appraisal experience, obtained over at least 3 years. Applicant to provide evidence of acceptable competence in performing residential appraisals in the normal course of business. Applicant to submit list of residential appraisals completed over the prior six months. |
Demonstration Report | Submit a Demonstration Self-Contained Appraisal Report or an Expanded Form Report, of a single family or one to four unit residential property, subject to the requirements and grading criteria set forth by the Admissions Committee. This report must be submitted in a portable document format (PDF). |
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