Appraiser Development Initiative (ADI)

Appraiser Development Initiative™

Appraisals play a vital role in housing finance. ADI was launched to raise awareness of real estate appraisal career options through outreach events and to facilitate opportunities for overcoming barriers to entry in the field. In conjunction with the Appraisal Institute, Freddie Mac, and the National Urban League, Fannie Mae is helping to build appraisal career path awareness. ADI focuses on scholarships, mentoring, and an introduction to job opportunities, using approaches designed to educate, advise, and provide financial assistance to candidates through scholarships.

Find out how you can help ADI’s mission.

Our biggest need is for supervisor sponsors and financial donations. Supervisors work with appraiser trainees as they gain their experience hours required to become fully certified in their state. Financial donations allow ADI to provide quality scholarships and benefits to the scholarship winners. Find out how you can help help advance ADI’s initiative by contacting us.

Sponsorship inquiry

Learn more about the Appraiser Development Initiative

Overview

Recognizing the need for new entrants into the real estate appraisal profession, ADI offers workshops and events tailored to meet that need.
These events cover topics such as:

The need for new real estate appraisers
What an appraiser does
Requirements to become an appraiser
Panel discussions with working appraisers

Attend a Workshop

ADI hosts “How to Become a Real Estate Appraiser” workshops throughout the U.S. and virtually. These workshops inform attendees about the multiple career paths available as well as opportunities to work flexible hours in the field or office. Learn how to become an appraiser, ask questions during discussion time with a panel of local successful appraisers, and hear about scholarship opportunities.

Find a workshop

Overview

ADI offers scholarship opportunities to aspiring appraisers needing financial assistance. To be eligible, potential candidates must attend an ADI workshop and submit an scholarship application. Scholarships include initial trainee education, books, calculators, paid conference events, and more. ADI also offers other scholarships which include additional advanced education towards state licensing requirements and Practical Application of Real Estate Appraisal (PAREA) programs.

Scholarship winners receive:

Qualifying education coursework toward an appraiser trainee, licensed residential, or certified residential credential in their state or territory (as determined by the scholarship they received)
Instructional materials and financial calculator
Hands-on support throughout the program
Opportunity to learn from an advisor in the faster tracks
Monthly check-ins with program representatives
Monthly meetings with peers and colleagues
Numerous opportunities to network and connect with leaders, colleagues, and peers in the real estate appraisal profession
Software and technology offers for successful program completionists

Overview

Advisors play a vital part in the initiative. They are volunteers who have a background in the real estate appraisal profession and want to help program attendees reach their potential.

The role of an advisor is to:

Provide one-on-one assistance to scholarship winners
Assist with course work
Answer industry-related questions
Provide introductions to profession networks

Overview

Programs like ADI rely heavily on sponsors for a variety of support. Sponsorships allow your organization to help attract new entrants into the appraisal field.

Inquiries on the program can be addressed by visiting www.appraiserinstitute.org/adi.

ADI relies on sponsors for:

Resources for supervisor/advisor support
Workshop sponsorships
Service technology support
Community outreach and engagement
Introduction to job opportunities
Monetary support

Appraiser Development Initiatives FAQs

The Appraiser Development Initiative is designed to attract new entrants to the real estate appraisal field and educating them about the appraisal profession. Launched in 2018, ADI provides resources for interested candidates to help them get on a path to success.

A real estate appraiser is a valuation professional who uses their knowledge and current data to develop an opinion of value for real property (residential or commercial).

Mortgage lenders rely on appraisers to give a fair and accurate values of real estate. Appraisers are also important to homeowners and communities because of the economic impact housing values have on the community.

Scholarships are administered and partially funded by the Appraisal Institute with additional funding from industry donors. Information on how to apply for an ADI scholarship is provided at the end of each workshop.

The ADI scholarship is designed to support the journey to becoming an appraiser trainee and covers the costs of state required qualifying education. Additional benefits include a activities to support the development of appraisers, industry conferences, monthly community support activities and more. ADI also offers other scholarships which include additional advanced education towards state licensing requirements and PAREA or practicum programs.

ADI sponsors include industry guidance and in-kind assistance.

Industry Guidance:

Supervisor sponsors are state certified real estate appraisers committed to working with an appraiser trainee as they gain their field experience hours.
Advisor sponsors are valuation professionals who offer mentorship and guidance to scholarship winners as they complete their qualifying education, without the formal agreement of a supervisor.

In-Kind Assistance:

Servicer/Technology sponsors make a financial commitment or provides goods or services to ADI participants, such as access to real estate appraisal technology platforms, and data services.
Community sponsors commit to recruiting potential trainee candidates by promoting and advertising upcoming ADI workshops in organization newsletters and publications.
Workshop sponsors make a financial commitment towards hosting an ADI workshop, including expenses such as meals, audio visual, facilities, etc.
Financial sponsors make monetary contributions which support scholarships and other program needs.

The biggest need is for supervisor sponsors and financial donations. Supervisors work with appraiser trainees as they gain their experience hours required to become fully certified in their state. Financial donations allow ADI to provide quality scholarships and benefits to the scholarship winners.

ADI awards 200+ scholarships annually.

Need more information or have a question?

Visit the Appraisal Institute.

Need more information or have a question?

Visit appraisalinstitute.org/adi

Creating opportunities in the appraisal profession