Appraiser Training

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quality training for experienced and aspiring appraisers

Real Estate

Information and Resources

Glossary

AG - General Appraiser (commercial, agricultural)

AI - Appraisal Institute, a professional organization

AL - Licensed Appraiser

AQB - Appraiser Qualifications Board

AR - Certified Residential Appraiser

AT- Appraiser Trainee

CREA - Certified Real Estate Appraiser (designation)

CRP - Certified Relocation Professional

FNMA - (aka “Fannie Mae”) the nation's largest investor in home mortgages. Their web site is http://www.fanniemae.com. Because they purchase one in five mortgages in the US they have specific requirements that must be met.

IFA - Independent Fee Appraiser (designation)

MLS - Multiple Listing Service

NAIFA - National Association of Independent Fee Appraisers, a professional organization. Their web site is www.naifa.com

BREA - Office of Real Estate Appraisers, the California state agency that sets licensing requirements and issues Appraiser licenses. Their web site is www.orea.ca.gov .

RAA - Residential Accredited Appriaser (designation)

REAA - Real Estate Appraiser Association. The local chapter meets on the second Tuesday of the month. Check their web site at www.reaaca.org for details.

SRIP - Small Residential Income Property

TCAF -Tri-County Appraisers Forum, a local group that meets on the second Friday of the month at 9:00am at Denny's in Orangevale CA . For more information, contact reaaappraiser@earthlink.net

USPAP - Uniform Standards of Professional Appraisal Practice