Certified General Real Property Appraiser

The Commercial Path

What can I appraise as a Certified General Real Property Appraiser?

You’ll be able to appraise residential and commercial properties without regard to value or complexity.

What steps do I need to take?

Step 1: You must hold a bachelor’s degree (or equivalent)

Step 2: Complete at least 300* hours of qualifying education

Basic Appraisal Principles (30 Hours)
Basic Appraisal Procedures (30 Hours)
15-Hour National USPAP Course (15 Hours)
Valuation Bias and Fair Housing Laws and Regulations (8 hours)
Real Estate Finance, Statistics, and Valuation Modeling (15 Hours)
General Appraiser Market Analysis and Highest & Best Use (30 Hours)
General Appraiser Sales Comparison Approach (30 Hours)
General Appraiser Site Valuation and Cost Approach (30 Hours)
General Appraiser Income Approach/Part 1 (30 Hours)
General Appraiser Income Approach/Part 2 (30 Hours)
General Appraiser Report Writing and Case Studies (30 Hours)
Electives (22 Hours)

If you hold a valid Trainee Real Property Appraiser or Licensed Residential Real Property Appraiser credential, you must complete the following additional courses:

Real Estate Finance, Statistics, and Valuation Modeling (15 Hours)
General Appraiser Market Analysis and Highest & Best Use (30 Hours)
General Appraiser Sales Comparison Approach (30 Hours)
General Appraiser Site Valuation and Cost Approach (30 Hours)
General Appraiser Income Approach/Part 1 (30 Hours)
General Appraiser Income Approach/Part 2 (30 Hours)
General Appraiser Report Writing and Case Studies (30 Hours)
Electives (22 Hours)

If you hold a valid Certified Residential Real Property Appraiser credential, you must complete the following additional courses:

General Appraiser Market Analysis and Highest & Best Use (30 Hours)
General Appraiser Sales Comparison Approach (30 Hours)
General Appraiser Site Valuation and Cost Approach (30 Hours)
General Appraiser Income Approach/Part 1 (30 Hours)
General Appraiser Income Approach/Part 2 (30 Hours)
General Appraiser Report Writing and Case Studies (30 Hours)

*Check with your state to see if additional courses (or criteria) are necessary.

Step 3: Obtain 3,000 hours of experience in no fewer than 18 months (1,500 hours must be in non-residential appraisal work).

Step 4: Pass the National Certified General Real Property Appraiser Exam.

Did you know?

AI PAREA—the Appraisal Institute Practical Applications of Real Estate Appraisal program—is a standardized and convenient approach to gaining the experience you need to achieve the licensed residential (LR) appraisal credential.

Learn About AI PAREA