Which area does the Arizona Board of Appraisal NOT regulate?

The Arizona Board of Appraisal is primarily responsible for regulating various aspects of the appraisal profession, specifically focusing on ensuring that appraisers are properly licensed, adhere to ethical standards, and maintain a certain level of competency in their appraisal work. This includes oversight of both residential and commercial property appraisals, as well as the licensing process and adherence to professional ethics within the appraisal industry.

However, the Board does not regulate real estate transaction negotiations. This aspect falls outside the scope of appraisal regulation and is more directly related to real estate brokerage and sales activities. This distinction is important, as appraisers provide value assessments of properties rather than engage in the actual buying, selling, or negotiating of transactions. By concentrating on appraisals rather than negotiations, the Board maintains its focus on developing and enforcing appraisal standards within Arizona.