The National Association of REALTORS® awards two appraisal designations:
- RAA - Residential Accredited Appraiser
- GAA - General Accredited Appraiser
The only appraisal designations with the strength and tradition of the REALTOR® name!
Criteria for the designations are:
- You must be an active member of the National Association of REALTORS®. This includes membership with the Institute of Real Estate Management (IREM), Commercial Real Estate Institute (CCIM), REALTORS® Land Institute (RLI), Society of Industrial and Office REALTORS® (SIOR), and the Counselors of Real Estate (CRE).
- State Certified Residential or General Appraiser for RAA designation, and a State General Appraiser for the GAA designation. (For those few states in which the Certified Residential classification is unavailable, the requirement is State Licensed for the RAA designation.)
- A minimum of 1,000 hours experience in addition to the experience required to obtain state certification.
- Tested education: 45 hours for the RAA or 60 hours for the GAA of tested course work in addition to the Appraiser Qualification Board's education requirement at the time of certification.
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A one-time application fee of $100 per designation (which includes a non-refundable processing fee of $25), PLUS the quarterly prorated amount of the $100 annual maintenance fee for each designation, as listed below:
- First Quarter (January - March): $100
- Second Quarter (April - June): $75
- Third Quarter (July - September): $50
- Fourth Quarter (October - December): $25
For ensuing years, the fee is $100 annually for designation maintenance.
Appraisers may obtain both designations. The program was approved by NAR's Board of Directors at the 1993 REALTORS® Conference. The first designations were awarded at the 1994 Midyear Meeting with approximately 1,000 members maintaining one or both designations.
Access the Appraisal Designation Application (PDF: 173K) or the Fast Track Application to begin the designation process.
For questions regarding the RAA/GAA designation requirements please contact the NAR Appraisal Group at 800-874-6500 x8268 or appraisal@realtors.org
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