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GAA
designation source: National
Association of Realtors®
http://www.realtor.org/appsourc.nsf/pages/designationinformation
GAA®
General Accredited Appraiser is a designation
awarded to appraisers by the National Association of Realtors® that specialize in
commercial, industrial, and income producing
properties.
In
1991, the
National Association of Realtors® established "The
Appraisal Section" after the former American
Institute of Real Estate Appraisers voted to
disaffiliate with NAR and merge with the society of
Real Estate Appraisers to form the Appraisal
Institute. In 1994, the section created two
designations, GAA and RAA, for Appraisal Section
members who meet tested education requirements that
exceed the requirements for state licensing.
Appraisers may obtain both designations. The program
was approved by NART Board of Directors at the
1993 Annual Convention.
Criteria
for the GAA designation are:
- Must
be a REALTOR® or have Institute Affiliate
membership in the National
Association of Realtors®.
An Institute Affiliate member must be a
designee of one of the following five (5) NAR
affiliates:
Institute of Real Estate Management (IREM),
Commercial Investment Real Estate Institute (CCIM),
REALTORS® Land Institute (RLI), Society of
Industrial and Office
REALTORS® (SIOR), and the Counselors of Real
Estate (CRE). Must be a State Certified General
Appraiser.
- A
minimum of 1,000 hours experience in addition to
the experience required to obtain state
certification.
- Completed
60 hours of tested course work in addition to
the Appraiser Qualification Board education
requirement at the time of certification.
GAA is one of two appraisal designations
with the strength and tradition of the REALTOR®
name!
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