The Appraisal Foundation

The Appraisal Foundation is a nonprofit organization based in the United States that sets standards for the appraisal profession, which involves estimating the value of properties like real estate. It develops guidelines and qualifications for appraisers, ensuring they are properly trained and adhere to ethical practices. The Foundation also promotes the importance of appraisal services in maintaining fair and accurate property valuations. By establishing these standards, it helps to enhance the credibility and reliability of appraisals, which are essential for buyers, sellers, lenders, and investors in real estate transactions.