American Society of Appraisers

The American Society of Appraisers (the “Society”) is a multi-discipline non-profit international organization of professional appraisers (valuers). Founded in 1936, the mission of the Society is to foster the public trust of our members and the appraisal profession through compliance with the highest levels of ethical and professional standards. The American Society of Appraisers:

• Helps the public and professionals find an ASA accredited appraiser
• Is the only professional valuation organization that accredits members in every appraisal discipline
• Works to grow the appraisal profession
• Fosters professional excellence in its membership through education, accreditation, publication and other services with an emphasis on professional ethics to protect the public

Valuation Disciplines & Accreditation

The ASA comprises 6 primary appraisal disciplines. They are Appraisal Review and Management, Business Valuation, Gems and Jewelry, Machinery and Technical Specialties, Personal Property, and Real Property.

Candidates -- who must have a four-year university degree or its equivalent -- are eligible for the Accredited Senior Appraiser (ASA) designation after completing the following: five years of documented appraisal experience; testing in their field or specialty; the submission of two appraisal reports to the society's International Board of Examiners for review; successful completion of the Principles of Valuation education program; and successful completion of the 15-hour Uniform Standards of Professional Appraisal Practice (USPAP) course with examination. A lesser level of designation -- Accredited Member or AM -- requires only two years of documented appraisal experience in addition to all of the other requirements.

Appraisers in the ASA are subject to a mandatory re-accreditation process every five years. To re-certify they must provide proof of professional growth through continuing education, participation in society activities, and the completion of updated USPAP courses. Publishing articles in professional journals and valuation or specialty-related speaking engagements also provide ASA appraisers with re-certification points.

International Regions & Local Chapters

As an international society, ASA is divided into 5 regions, each headed by a governor elected by ASA members. Each region includes USA states as well as international areas.^[1] Within each of the Regions are several local chapter associations that support the international organization by providing local education, newsletters and member meetings for networking and mentoring. ^[2]

Region 1 includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Eastern Pennsylvania, Rhode Island, and Vermont within the United States.

Region 2 also includes a section of the USA --Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia--along with Australia and an International Chapter, which includes any country not specifically represented in any of the other Regions.

Region 3 includes Canadian provinces New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and Quebec, as well as the USA states of Alabama, Kentucky, Louisiana, Michigan, Mississippi, Ohio, Pennsylvania, Tennessee, and Texas.

Region 4 includes Argentina, Mexico and the USA states of Arkansas, Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Utah, Wisconsin, and Wyoming.

Region 5 includes Vancouver, Canada, Hong Kong, China, and Japen, along with USA states Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, and Washington.

To learn more about the American Society of Appraisers, visit www.appraisers.org.

References

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