What does it mean to be a commercial appraiser?
Commercial appraisers provide an unbiased estimate of a property’s value. Commercial appraisers can appraise all types of real property, including residential units, retail spaces, industrial or agricultural property and more.
Are you interested in becoming a commercial appraiser? We’re here to help you chart your journey. We’ve compiled tips on how you can get started. You can also learn more about education, experience and exam requirements.
Commercial appraisers can appraise all types of real property, including residential units, retail spaces, industrial or agricultural property and more. But they do so much more:
- Estimate the value of a property for a potential refinance.
- Help a seller establish an acceptable sales price and a buyer establish a reasonable offering price.
- Establish a starting point to reorganize property ownership or combine the ownership of various properties under one owner.
- Determine appropriate insurance coverage on a property.
- Provide expert testimony and reports in legal cases involving property disputes, eminent domain and divorce settlements.
- Assess the impact of environmental factors on property value such as contamination or proximity to environmentally sensitive areas.
- Assist with lease negotiations for rental properties.
If you want to focus on commercial properties, becoming a certified general real property appraiser is the path for you!
After you complete introductory or pre-licensing courses, you’ll complete additional qualifying education as well as experience hours you’ll need to complete as a trainee. Each state has different requirements for becoming a certified real estate appraiser but most states require around 300 hours of qualifying education and 3,000 hours of experience.
You’ll also need to pass the National Certified General Appraiser Exam.
Don’t worry! We’ve outlined the path for you. AI offers qualifying education courses and we’ve fully mapped out the steps to licensing and certification.
Commercial Appraisal News at Your Fingertips
Learn more about commercial appraising by reading up on the latest developments in the field.
Magazines, journals, e-newsletters, podcasts — we offer multiple avenues to pique your interest, expand your knowledge and pursue your career.
Quarterly magazine addressing today’s most pressing appraisal, legal, legislative and business concerns.
The Appraisal Journal
Appraisal profession’s premier peer-reviewed technical and academic publication.
Appraiser News Online (ANO)
Weekly e-newsletter keeping you informed of the latest news, industry trends, challenges and regulatory developments.
Face Value Podcast
Don’t miss out on appraisal news you won’t find anywhere else!
Join hosts Warren Boizot, SRA, AI-RRS, and Tonia Vailas, MAI, AI-GRS, each month as they share experiences, insights and stories about the latest trends in the valuation profession.Listen to the Latest Episode
How do Standards of Professional Practice requirements apply to hazardous substances? Valuation in the aftermath of a disaster? Comparable selection in a declining market?
Our Guide Notes address these situations and more.Read the Guide Notes
Resources for Commercial Appraisers
We have cultivated sample agreements, certification statements, report formats and more, all designed to make your job easier.
Developed by appraisers for appraisers, AI Reports® include various report formats designed to ensure all required elements are included and can be easily read by your clients.View AI Reports®
We have a seat at the table in Washington, D.C., making sure your concerns are heard by lawmakers and regulators.
Our Washington office also allows us to keep you updated on key issues being discussed on The Hill and how they affect you.Read More about AI Advocacy Efforts
Sample Engagement Contracts
Set the foundation for a successful engagement by clearly outlining the details of the assignment(s).
Create an effective engagement contract using AI’s sample contracts as a guide. Exclusively available to AI Professionals, they were developed by practicing appraisers and reviewed by outside counsel.View Sample Contracts
Sample Certification Statements
As an AI Professional, you have access to sample certification statements for written appraisal, appraisal review and appraisal consulting service reports.
These statements incorporate the requirements of the Uniform Standards of Professional Practice (USPAP) and the Certification Standard Rules of the Appraisal Institute and can serve as a guide to help you confidently craft your own statements.See Certification Statements
Find an Appraiser
Extend your reach! A listing in the Find an Appraiser directory connects you directly to clients, enhancing your earning potential.
Join AI as a Designated Member, Candidate for Designation or Practicing Affiliate, to be listed in this critical resource.
Our Career Center
Ready for a change? Our Career Center is updated daily with the latest job postings. Search listings in your area and create specialized job alerts.
Don’t forget to post your resume! Employers rely on our robust pool of applicants to find the ideal candidates.