Tracy is a Senior member with the American Society of Agricultural Appraisers, Certified member of the Canadian Society of Agricultural Appraisers, and Certified member with the International Society of Appraisers.
What is the difference between an Accredited Agricultural/Livestock Appraiser and a Senior or Certified Agricultural/Livestock Appraiser?
An Accredited Appraiser is an entry level appraiser with the American Society of Agricultural Appraisers. There is no mandatory continuing education or courses required for these appraisers. All courses and continuing education are done on a strictly volunteer basis.
A Senior or Certified Appraiser is an accredited member who has successfully completed professional appraisal courses (105 hours), has met the Appraiser Qualifications Board's Personal Property Appraisal Minimum Qualification Criteria (minimum 700 appraisal hours), completed the 15-hour Uniform Standards of Appraisal Practice (USPAP) course, and is an appraisal society member in good standing. Senior and Certified Appraisers are encouraged to meet the AQB criteria's continuing education requirements every five years to retain their Senior or Certified status, but it is not mandatory.
Daventry Appraisal Services is committed to providing our clients with the most up-to-date and knowledgeable appraisers. As a result, we comply with all of the Appraiser Qualifications Board's Personal Property Appraisal Minimum Qualification Criteria. This includes attending a 7-hour USPAP updating course once every two years as well as 70 hours of continuing education every five years, which includes 20 hours of coursework related to valuation theory.
Our Senior Appraiser, Tracy Dopko, has gone one step further to ensure you receive the most thorough appraisal reports. In order to earn her Certified Appraiser designation with the International Society of Appraisers, Tracy was required to complete an intensive course in appraisal studies, pass two proctored examinations, and submit four different complex appraisal reports (total of 175 pages) that were scrutinized by an appraisal review panel. Tracy is subject to a mandatory requalification process every 5 years, which includes completing a requalification course, submission of an appraisal report for review, and a minimum of 100 hours of professional development credits.
When hiring an appraiser, it is important to ask what kind of continuing education and courses an appraiser has taken. As markets are constantly changing, it is important that an appraiser keep themselves current.
You can read more about the various membership levels in Tracy's article, Choosing the Right Appraiser.
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