Appraisal Practices Board (APB)
The APB was officially formed by The Appraisal Foundation Board of Trustees on July 1, 2010. The APB has been charged with the responsibility of identifying and issuing opinions on Recognized Valuation Methods and Techniques, which may apply to all disciplines within the appraisal profession. The APB will offer voluntary guidance in topic areas which appraisers and users of appraisal services feel are the most pressing. The Board will utilize panels of Subject Matter Experts (SMEs), who will be widely recognized individuals with expertise in the specific topic being considered, to research and detail all pertinent sources of existing information on the given topic. The APB will vet the issue through a public exposure process and ultimately adopt guidance that may include more than one recognized method or technique that addresses the specific topic. From the APB perspective, compliance with all guidance issued by the APB will be entirely voluntary. The APB represents the combined judgment of leading valuation professionals and is composed of five to nine members who can serve up to eight years on the Board. Terms for APB members run from July 1 through June 30.
2014 Board Members
Rick Baumgardner, Chair
Jay E. Fishman, Vice Chair