NAA provides top-level GPPA designation curriculum; supports appraisal circle

OVERLAND PARK, Kan. (May 12, 2015) – The National Auctioneers Association has announced its support of the recent news that three major appraisal organizations have united in a campaign designed to raise the profile of the qualified appraiser.

The “Circle of Trust” effort put forth by The International Society of Appraisers, the American Society of Appraisers and Appraisers Association of America should be commended and should help educate the general public that it look for qualified appraisers, such as those appraisers who hold the NAA’s GPPA or MPPA designation.

“Evidenced by its own GPPA and MPPA designation programs, the NAA fully recognizes that appraisal is a key element to the auction method of marketing,” said NAA President Tom Saturley, CAI. “Therefore, the value of good appraisal skills cannot be overstated, and we applaud the efforts of these groups to raise the profile of the qualified appraiser to the general public.”

NAA not only supports such initiatives, it also continues to lead appraisal educational efforts through its Graduate Personal Property Appraiser (GPPA) and Master Personal Property Appraiser (MPPA) designation programs. The GPPA program teaches students the responsibilities of being an appraiser and provides advanced training in the Uniform Standards of Professional Appraisal Practice (USPAP) guidelines, while MPPA offers additional advanced appraisal training.

The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions.