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ASA and NAIFA Agree to Move Forward with Merger Consideration

by Jennifer Aguilar | Apr 18, 2017

The American Society of Appraisers (ASA), the original multidisciplinary valuation society, and the National Association of Independent Fee Appraisers (NAIFA), the leading voice for independent professional real estate appraisers, announced today they have reached an agreement to move forward with a Memorandum of Understanding leading to the merger of NAIFA into ASA. Boards for both organizations will provide details to their memberships in upcoming weeks for final consideration and approval.

The merger will add to ASA’s nearly 5,000 multidiscipline credentialed valuation professionals in over 75 countries and 63 chapters throughout the world and create one of the largest networks of U.S. professional real estate appraisers.

Jim Hirt, Chief Executive Officer of ASA will jointly oversee the integration of the two companies’ product and service offerings, and ensure a united transition experience. NAIFA members will have greater access to leading professional development, accreditation and government relations programs, while ASA members will have a larger pool of experienced experts for networking, referrals or review services. Consumers, businesses or government agencies who order appraisal services will also benefit by the added number of credentialed professionals to ASA’s free “Find an Appraiser” Referral System.

“This is a natural fit and the two organizations complement one another perfectly,” said NAIFA President, David Doering. “ASA’s commitment and ongoing efforts to raise standards and better the appraisal profession is a long-standing passion of our members and a notable part of our organization’s history.”

ASA’s International President, Susan Golashovsky added further saying, “Today marks the start of a new chapter for ASA and NAIFA on our continued quest to be recognized and respected around the world for the integrity and appraisal expertise of our members.”