Professional personal property appraisers MAY be accredited as qualified to appraise personal property through certain professional accrediting appraisal societies. Personal Property appraisers who are accredited through our professional accrediting societies become qualified by passing rigorous courses, submitting reports for review by a panel of our peers, and by maintaining our professional education through participation in courses, seminars and conferences on our specialties and disciplines. Accredited personal property appraisers also must pass a course every five years or less developed through The Appraisal Foundation and The Appraisal Standards Board, governing updated Uniform Standards of Professional Appraisal Practice (USPAP). Personal Property appraisers are not regulated at the state and Federal level, and therefore are NOT STATE or U.S. CERTIFIED, although personal property appraisers submitting reports for review by the Internal Revenue Service must comply with IRS requirements stipulating what is a “qualified” appraiser.
(ASA website 1/24/2012)