What type of experience is required for a Certified General Appraiser?

To achieve the designation of a Certified General Appraiser, the appraisal experience required must include a comprehensive understanding of non-residential properties. This designation is intended for appraisers who perform appraisals on a wide variety of property types, including commercial and industrial properties, not just residential ones.

The requirement of a minimum of 1,500 hours of non-residential appraisal work is particularly essential as it ensures that prospective Certified General Appraisers have substantial experience in a variety of appraisal settings, which is crucial for accurately assessing the market value of different property types. This type of experience prepares an appraiser for the complexities and nuances involved in appraising commercial properties, which often differ significantly from residential properties in terms of valuation methods, regulations, and market dynamics.

Therefore, this specific experience requirement aligns with the standards established by regulatory bodies to confirm that Certified General Appraisers have the necessary skills and knowledge to conduct thorough appraisals across varied property categories.