ABOUT
The Professional Association of Certified DOMAIN-APPRAISERS.

The ACDA's CDA designation is a voluntary certification which permits ready identification by the online community of qualified Certified Domain-Appraiser Professionals.

The designation was created for the express purpose of protecting the interests of individuals wishing to purchase or sell Cyberestate.

Cyberestate is defined as; Domains, individual or assembled, having either revenue producing, fully developed, partially developed, or undeveloped online content, (i.e. - the virtual equivalent of real estate, with or without improvements, similarly affected by the character of neighboring properties, and with or without an income-stream from business transacted at or from that facility, but transcending traditional real estate, which also have title, virtual improvements, and operations which could be transferred to ownership elsewhere in the world nearly instantaneously.)

To qualify for a CDA designation, a Certified Domain-Appraiser must meet EACH of the following three requirements;

1. Be either MAI*, SRPA, SREA designated, or provide acceptable proof of an appraisal career begun prior to 1989, in which the applicant has appraised extensively for a licensed MAI or similar,
or:
Be a CPA, Certified in Business Valuation by AICPA (ABV designation)
and;
2. Be a Licensed Real Estate Broker or Salesman with Continuing Education Requirements current,
and;
3. Have been actively online prior to December of 1997 or a minimum of two years prior to date of application for accreditation.

Note: An active attorney in good standing with his/her respective state Bar Association, who is otherwise qualified under the real estate license law, and provides proof in the form of applicant's current Bar card, shall be exempt from requirement for licensure as a Real Estate Broker.

Note: An MAI, or a CPA specializing in Business Valuations as referenced above, who is not currently a Licensed Real Estate Broker or Salesman , but who is otherwise qualified under ACDA guidelines,shall be permitted to perform Domain-Appraisals, providing only that the appraisal is co-signed by a consulting ACDA member who is a duly Licensed Real Estate Broker or Salesman, and who is in concurrence with final value conclusion.

WHY ALL THREE REQUIREMENTS for ACDA Certification? - By virtue of the requirement for an ACDA accredited Domain-Appraiser to be BOTH a professional Real Estate or Business Appraiser as well as a Licensed Real Estate Broker or Salesman, and coupled with the requirement for the ACDA accredited Domain-Appraiser to have had significant exposure to the online marketplace for a minimum of two years, the ACDA certified Domain-Appraiser is considered significantly better equipped to assess a domain's value than a non-ACDA accredited broker or appraiser, regardless of existing designations or licenses.

A Professional Appraiser, benefitting from many years worth of training, is best equipped to evaluate existing and projected income stream from sales, advertising or other forms of online e-commerce revenues. Professional real estate appraisers, and CPAs specializing in business valuation are expected to have excellent analytical and writing skills.

A Licensed Real Estate Broker or Salesman will realize that the mere fact of a domain name being comprised of a certain number of letters, or incorporating a catchy phrase, will have little actual impact on value, without the attendant broad market which is likely desirous of such a product or service.

Similarly, a Licensed Real Estate Broker or Salesman who has actively marketed real property for a significant number of years will have a clear grasp of the subtleties of how, to whom, and more importantly, why a particular domain will or will not have significant market value.

Experienced Member of the Online Community: The requirement to have been a member of the online community for a minimum of two years will assist in ensuring the Domain-Appraiser's in-depth familiarity with the mindset of new and existing web inhabitants. The requirement will also increase the likelihood of the Domain-Appraiser's familiarity with the direction of emerging growth patterns of the web which are expected to have an effect on near term or long term domain value.

Signatory Requirement For High Traffic or Significant Revenue Producing Properties: For domains which are producing revenues of significant dollar volume, or those which are generating a particularly high traffic count, the appraisal must either be signed or co-signed by an ACDA accredited MAI or CPA-ABV who will be charged with verifying appraised value conclusions.

NON-ACDA Appraisal Preparation Prohibited: Domain-Appraisals may NOT be prepared by or signed by a non-ACDA accredited Domain-Appraiser, nor may they be co-signed by an ACDA accredited MAI unless said appraisal was actually prepared BY an ACDA accredited Domain-Appraiser.

US EDUCATION AND LICENSING REQUIREMENTS FOR REAL ESTATE PROFESSIONALS:
In every State and in the District of Columbia, real estate agents and brokers must be licensed. All States require prospective agents to be a high school graduate, be at least 18 years old, and pass a written test. The examination is more comprehensive for brokers than for agents; includes questions on basic real estate transactions and laws affecting the sale of property. Most States require candidates for the general sales license to complete between 30 and 90 hours of classroom instruction, whereas those seeking the broker's license are required to complete between 60 and 90 hours of formal training in addition to a specified amount of experience in selling real estate (generally 1 to 3 years). Some States waive the experience requirements for the Broker's license for applicants who have a bachelor's degree in real estate. State licenses generally must be renewed every 1 or 2 years, usually without reexamination. Many States, however, require continuing education for license renewal. Prospective agents and brokers should contact the real estate licensing commission of the State(s) in which they wish to work to verify exact licensing requirements.

For reference purposes, an example of requirements for basic Appraisal licenses is shown for the state of California.

*Real Property Appraisers who have either earned one of the Appraisal Institute's general MAI, SRPA, or SREA designations, or who are Independent Appraisers and/or Institute Candidates who have trained under and appraised extensively for, or in conjunction with MAI's, are backed by years of appraisal education and experience, and are highly respected by those seeking professional opinions of value - individual property owners, investors, government agencies, corporations, the courts, and others seeking professional appraisal services.

PROFESSIONAL APPRAISAL QUALIFICATIONS OF AN MAI

A professional Appraiser desirous of earning an MAI designation from the Appraisal Institute must first meet the minimum Appraiser Qualification Board (AQB) criteria (i.e., be a general State Certified Appraiser or provide documentation of meeting the AQB minimum requirements).

College Degree: must submit an official transcript evidencing a 4-year degree.

Demo Report: must receive credit for a demonstration appraisal report on an income-producing property.

Comprehensive Exam: must pass a 2-day, 4-part modular examination prior to final level of experience.

Experience: must receive credit for 3,000 hours of Specialized Appraisal Experience.

Upon completion of ALL of the requirements listed above, candidates may apply for MAI Designation.

PROFESSIONAL APPRAISAL QUALIFICATIONS OF CPA's holding an ABV designation from the AICPA.

With more than 330,000 members, the AICPA is the premier national professional association for CPAs in the United States.

To qualify for membership in the AICPA, an accountant must first possess a valid CPA certificate issued by the legally constituted authority of a state, District of Columbia, territory, or territorial possession of the United States.

He or she must then pass an examination in accounting and other related subjects satisfactory to the AICPA Board of Directors, which the Board has designated as the Uniform CPA Examination, and meet the AICPA Continuing Professional Education (CPE) requirement.

Members in public practice must complete 120 hours of CPA every three years, with no fewer than 20 hours per year. Members not in public practice must complete 90 hours every three years, with at least 15 hours each year.

In order to qualify for the ABV designation, the CPA must provide evidence of ten (10) business valuation engagements that demonstrate substantial experience and competence; provide evidence of ten (10) business valuation engagements that demonstrate substantial experience and competence;submit at the conclusion of every three-year period documentation demonstrating substantial involvement in five (5) business valuation engagements and, complete sixty (60) hours of related CPE during the same three-year period.

DISCLAIMER: ACDA's CDA designation is a voluntary certification which permits ready identification by the online community of qualified Certified Domain-Appraiser Professionals who are Specialists in the evaluation of CyberProperty. Although ACDA certification guidelines in some instances specify a requirement for an accompanying signatory with an AICDA designation or with an Appraisal Institute designation, and although members of ACDA may also be Members or Candidate Members of the Appraisal Institute, the ACDA is not formally affiliated with the Appraisal Institute, which is a professional association for appraisers of Real Property.

Copyright 1999 - 2008 Association of Certified Domain-Appraisers™
Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraisal Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser Domain Name Appraiser