ASA is monitoring the quickly changing environment around the spread of COVID-19 (Coronavirus). We understand our members’ concerns about health and safety and are making appropriate accommodations for upcoming classes and events. We will be updating our website regularly as the situation evolves.
|
News
|
- CEO Updates: Important messages from ASA CEO, Johnnie White
- Friday, June 5; Friday, May 22; Friday, May 8; Monday, April 27; Friday, April 17; Friday, March 27; Monday, March 23; Friday, March 20; Monday, March 16 and Friday, March 13
- Office Closure: The ASA headquarters staff will be providing HQ services remotely from their homes in accordance with local Washington, DC metro area government requirements. Staff will continue to deliver uninterrupted services for our members throughout the duration of the imposed closure period, which may result in several weeks.
- Classes & Events: Be on the lookout for live webinars that may be helpful for members to navigate through this environment.
ASA in-person classes and events are in the process of being rescheduled or converted to online access. Registrants are being notified of status and refund details. Please check online for the latest updates to ASA National Classes, Local Chapter Classes and Events. ASA also offers a full library of eLearning classes, including: OnDemand classes; webinars and webinar series; webinar recordings and audio recordings.
- Membership: ASA offers installment payment plan options for membership dues renewals for members who suffer any hardships. Contact a member service representative at member@appraisers.org or (800) 272-8258.
- Credentialing: ASA is temporarily postponing specialty exams, and offering a three (3) month grace period/temporary suspension of the reaccreditation application fee for members impacted by COVID-19. Contact a credentialing services representative at reaccreditation@appraisers.org or (800) 272-8258.
- Support: The ASA Educational Foundation (ASAEF) has launched a new effort to support the families of ASA member appraisers who have died from COVID-19.
For breaking news updates, be sure to visit ASA’s COVID-19 Update web page, follow ASA’s social media (Twitter, Facebook and LinkedIn) and subscribe for e-mail alerts.
|
Advocacy & Resources
|
Advocacy
ASA is collaborating with a coalition of association executives where our total combined amount of membership represents thousands of small businesses, so we have a larger voice with the U.S. Government. Some of the items the coalition is working on are:
- An emergency loan program to support small businesses during this crisis, with loans made available through private banks, supported with a federal guarantee.
- Provide readily accessible, unsecured credit to businesses of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis.
- Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic. These suspended taxes should include taxes owed for the 2019 Tax Year, estimated payments for 2020, and all payroll tax obligations.
- Amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments; suspend the application of the Section.
- Petitioning for appraisers to be considered essential workers.
- Urging additional appraisal flexibility for refinance transactions.
Resources
We understand the potential impact COVID-19 will have on the profession. We are working on developing partnerships with other organizations in order to support our profession and small businesses. Following is information that may help small business and independent appraisers in the U.S.:
- ASA, Others Send Letter to IRS and Treasury Questioning Recent Changes in 6695A Prepenalty Review Process
- ASA Social Engineering E-Mail Fraud Red Flags
- Appraisal Foundation, The, COVID-19 Q&As, FAQs and Inspections/Reporting Guidelines
- Centers for Disease Control and Prevention and the World Health Organization COVID-19 Portals
- Dealing with Valuation Uncertainty at Times of Market Unrest | IVSC
- Department of Veterans Affairs Inspections Guidance, Valuation Guidelines and Modified Instructions
- Facebook Small Business Grants Program
- Fannie Mae COVID-19 FAQs; Virtual Inspections are Not Sufficient
- Federal Reserve, FDIC, OCC Interim Final Rule Allowing for 120-Day Deferral
- FDIC Guidance on Inspections and Appraisals
- FHA Updated Policies Related to COVID-19
- FHFA Responds to Letter Requesting Appraisal Flexibility for Refinance Transactions
- ASA, Other Appraisal Groups Urge Additional Appraisal Flexibility for Refinance Transactions During COVID-19
- Freddie Mac Provides COVID-19 Guidance; Expands Appraisal Waiver Eligibility; Offers Additional Instructions on GSE Exterior Appraisals
- HUD Guidance on Exterior and Desktop-Only Appraisal Options
- IRS Advance Notice on Federal Income Tax Payment Relief
- IVSC Guidance and IVS Section 101-105 Reminder
- Legislative Response to COVID-19
- NCUA Adopts Two New Appraisal Rules
- Small Business Administration Paycheck Protection Program
- State-By-State COVID-19 Executive Orders
- U.S. Chamber of Commerce Response Toolkit
- USDA COVID-19 Appraisal Exceptions
- U.S. Department of the Treasury Identifies Essential Workers
- U.S. Secret Service, Department of Homeland Security and Federal Trade Commission Fraud Tips
- U.S. Senate Committee on Finance SBA Payroll Loans Forgiveness and Penalty Free Retirement Fund Withdrawals
- U.S. Senate Committee on Finance Coronavirus Aid, Relief, and Economic Security Act
- U.S. Small Business Administration Recommend Strategies and Disaster Loan Assistance
|
Practitioner Guidance
|
Appraisal Review & Management
Business Valuation
- Advisors Face New M&A Reality After COVID-19 | InvestmentNews
- Business Valuation & Coronavirus Impact | Evergreen Advisors
- Business Valuation Considerations in the Coronavirus Environment | Marcum
- Coronavirus Update: Industry Fast Facts/Global Sectors Snapshot | IBISWorld
- COVID-19 and Equity Compensation Valuations | Paul Hastings
- COVID-19 - Fair Value of Investments | AICPA
- COVID-19 Impact on Hotel Values | Hotel Management
- COVID-19 Impact on IPL Ecosystem Value | Duff & Phelps
- COVID-19: Impairment Valuation Questions, Answered Podcast | PwC
- COVID-19 The Fair Value Hierarchy and Disclosures Under Topic 820 | Thompson Reuters
- COVID-19 Resource Centers | Deloitte, Duff & Phelps, EY, Grant Thorton, Houlihan Lokey, KPMG, Mazars, PYA and PWC
- Diagnosing and Treating Coronavirus Risks in M&A Transactions | Harvard
- Financial Reporting Valuations During the COVID-19 Crisis | Stout
- How COVID-19 Affects Financial Reporting | CBIZ
- How COVID-19 May Impact ESOP Valuations | KSM
- How to Deal with COVID-19 for Dec. 31, 2019, Valuations | BV Wire
- Impact of COVID-19 on Business Valuation | Coker Group
- Impact of COVID-19 on Business Valuation in Divorce | Marcum
- Legal Avenues for Business Coping with COVID-19 Disruption and Damages | BV Wire
- Strategies for Bridging Valuation Gaps in M&A in the COVID-19 Environment | Dechert
- Thoughts and Advice on Valuation Amid the COVID-19 Crisis | BV Wire
- Valuation in the Time of Coronavirus | BeachFleischman
- Virtual Town Hall - Impact of COVID-19 to Global Business Valuation & Appraisal | ASA, CBV Institute, NACVA, RICS
- Virtual Town Hall Part 2 - Impact of COVID-19 to Global Business Valuation & Appraisal | ASA, CBV Institute, NACVA, RICS
Gems & Jewelry
Machinery & Technical Specialties
Personal Property
Real Property
- Free Ally ASA Membership for Non-Member Licensed Real Property Appraisers for a Limited Time
- Appraisers Are Worried About Allowing Banks to Delay Appraisals | HW
- Anow Walkthrough - New Homeowner Inspection Tool | Anow
- Commercial Appraiser Market Survey Analysis | realquantum
- COVID-19 Assignment Protocols and Report Recommendations | MBREA
- COVID-19 Guidance for Appraisers | Department of Veterans Affairs
- COVID-19 Impact on License Renewal: MO, NV, OK, SC, TX
- COVID-19 Inspection Protocols Free Podcast | The Appraiser Coach
- COVID-19 Latest Developments and Efforts for Appraisers | MBREA, ASFMRA, ASA, IAAO, AI
- COVID-19 Real Estate Appraisal Survey | ICAP
- Home Inspectors and Appraisers are Relying More on Technology | Builder
- Impact of COVID-19 on Assessors | IAAO
- Inspections & Hybrid Appraisal Assignments | The Appraisal Foundation
- Legal and Risk Issues 2.0 for Real Estate Appraisers Relating to the COVID-19 Crisis | Christensen Law Firm
- Real Property Interior Inspections during a National Health Emergency | The Appraisal Foundation
- Right of Way Professionals Opine on COVID-19 Impacts to the Profession | Nossaman
- Risky Business: Why Lenders Continue to Demand Interior Inspections | WorkingRE
- Staying USPAP Compliant During the Pandemic Free Podcast | The Appraiser Coach
- Unconscious Bias Virtual Session for the Appraisal Profession | ASA, AI, ASFMRA, MBREA and NSREA
- USPAP Guidance for Real Property Appraisers–Coronavirus/COVID-19 Issues | ASA
|
Questions or Concerns
|
Please contact our Member Services Team with any questions or concerns, (800) 272-8258 or e-mail
member@appraisers.org.