Our mission is to be an advocate for the member jurisdictions as to the enforcement and administration of appraiser and appraisal management company regulatory laws. The Association is committed to the success and advancement of state appraiser and appraisal management company regulatory programs and seeks to accomplish these objectives through: Leadership, Cooperation, Communication and Education.
AARO is the only nationally chartered organization dedicated to the regulation of real property appraisers. Since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, expectations placed upon appraiser regulatory agencies have grown far beyond what was originally envisioned in Title XI of FIRREA. These higher expectations were compounded in 2015 with the implementation of major changes to the Appraiser Qualification Criteria. During the next five years, all state appraiser regulatory agencies will be required to enact legislation for the purpose of regulating Appraisal Management Companies (AMCs). These new requirements will bring with them an important set of challenges to our jurisdictional agencies.
Each biannual conference provides a unique opportunity for one-on-one engagement with peers from other jurisdictions, as well as representatives of the ASC, Appraisal Foundation, and other industry professionals. The event provides member agencies with a forum for interaction and the opportunity to share solutions with other agencies achieving effective regulation and enforcement. Benefits include:
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