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Meeting roundup: budget surplus, mentorship idea, AARO delegation and a reminder on UAD 3.6

Tennessee Real Estate Appraisal Commission · July 20, 2026
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Summary

The commission reviewed a budget surplus, discussed outreach and a mentorship program for appraisers, approved sending two members to the AARO conference, and heard a public reminder that UAD 3.6 reporting changes are rolling out.

The commission's budget report showed a modest surplus (about $197,000) and staff explained timing variances related to AMC panel payments. Commissioners discussed tracking reviewer expenditures and the possibility of creating a dedicated line item so future budget presentations make reviewer costs clearer.

Members also discussed non‑enforcement initiatives: a proposed mentor network of current and past board members to help trainees and early-career appraisers navigate experience reviews and to reduce future complaints. The commission voted to send two board members to the AARO conference to monitor AQB and Fannie/Freddie guidance. During public comment Barry Shay of the Appraisal Foundation introduced himself as liaison and said, "I'm basically here as a resource," and a practitioner reminded the commission that UAD 3.6 reporting changes are imminent and encouraged the board to track adoption and software readiness.