Real Estate Appraisers, through their contracts with clients, provide land, commercial and residential property appraisal services.

The Board of Registration of Real Estate Appraisers licenses qualified professional appraisers in compliance with the mandates of Title XI, the Federal Financial Institution Reform, Recovery and Enforcement Act (FIRREA) of 1989. The Board insures the integrity of its licensees through fair and consistent enforcement of the statutes and regulations.

The Board of Registration of Real Estate Appraisers licenses approximately 4,070 appraisers in the Commonwealth. In fiscal year 2003, the Board received 36 new complaints and resolved 35 complaints from this and previous fiscal years. The Board held one investigative conference, entered into six consent agreements, suspended six licenses, accepted the voluntary surrender of four licenses and placed four licenses on probation.