A Guide to the National Association of Independent Fee Appraisers (NAIFA)

By ProMatcher Staff

What is the National Association of Independent Fee Appraisers?

The National Association of Independent Fee Appraisers (NAIFA) is one of the leading professional associations of real estate appraisers. Their headquarters in located in Chicago, Illinois. NAIFA aims to serve as an advocate for real estate appraisers and the appraisal industry as whole. In addition, the association strives to support the professional development of its members. By awarding several designations, they also hope to garner recognition for its most qualified and experienced members. All NAIFA members are expected to adhere to a code of professional ethics and to continue their education far beyond the minimum standards. NAIFA aspires for its members to be the “go-to” appraisers in the real estate industry.

Designations

NAIFA awards several designations to its exceptionally well-qualified professionals. Members in good standing may apply to receive one of the following four designations. The application and certification process can be quite demanding.

The four designations are:

1) Residential Appraiser Specialist (IFA)

2) Agricultural Appraiser Specialist (IFAA)

3) Senior Appraiser Specialist for Non-Residential and Income Properties (IFAS)

4) Appraiser Counselor who has been an IFAS for 3 years (IFAC)

Local Chapters

In addition to the national association, there are many local NAIFA chapters. These are intended to foster fellowship and community amongst peers and to provide networking opportunities for NAIFA members. These chapters also organize educational programs to ensure that all professional appraisers have an up-to-date understanding of best practices and accepted methodologies.

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Related: Types of Associations for Appraisers

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ProMatcher Staff, ProMatcher
Orlando, FL 32803

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A Guide to the National Association of Independent Fee Appraisers (NAIFA)

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