The ARKANSAS APPRAISAL FOUNDATION, INC was founded on February 21, 1989 with it's purpose to analyze and affect real estate appraisal legislation in Arkansas, and to actively propose, support, or oppose such legislative issues, laws, or proposals that affect real estate appraisers. National Assn. of Farm Managers and Rural Appraisers National Association of Independent Fee Appraisers National Association of Master Appraisers The permanent executive/secretary is Tom M. Ferstl, who was also the co-author of the Arkansas Appraiser Licensing and Certification Law, enacted in 1991. The Arkansas Appraisal Foundation has effectively become the "voice" of the various appraisal organizations here in Arkansas and a focal point for unification for all individual appraisers. Arkansas Appraisers Association was founded in 2005 through the efforts of Tom Ferstl who became its first president. The AAA was organized to become the "voice" for individual appraisers, certified, licensed or registered here in Arkansas.

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