Coalition of Pennsylvania Real Estate Appraisers

The Coalition of Pennsylvania Real Estate Appraisers (CPREA) was formed in late 2012 by the five Pennsylvania Chapters of the Appraisal Institute and other interested appraisal professionals to be the Voice of Responsible Real Estate Valuation in Pennsylvania. CPREA grew as a response to a push by the Pennsylvania Association of Realtors® (PAR) to enact legislation that would permit salespersons and brokers to provide valuation services outside of the brokerage context. The chapters realized they did not have a system in place to provide a timely response to legislation which affects the industry and the public trust. As a result, our Chapter’s Board of Directors unanimously decided to contribute financial resources and manpower to form CPREA to provide this conduit, and to have a voice in the Pennsylvania legislative arena. The fight against SB 869, introduced in the Pennsylvania Senate in April, gains momentum every day. Browse the Coalition’s website at www.cprea.org to get more information.