What is the highest federal level of licensure that an appraiser can achieve?

The highest federal level of licensure that an appraiser can achieve is the Certified General Real Property Appraiser. This designation allows appraisers to work on a wider range of properties, including both residential and commercial real estate. Certified General Appraisers can value any type of property, whereas other appraiser licenses, such as Certified Residential and Licensed Real Estate appraisers, have specific limitations on the types of properties they can appraise.

For example, Certified Residential Appraisers may only appraise residential properties up to a certain value, while Licensed Real Estate Appraisers have even more restrictions. Associate Real Estate Appraisers typically work under the supervision of a more experienced appraiser and do not hold an independent license.

Therefore, obtaining the Certified General Real Property Appraiser designation represents the highest level of qualification available to appraisers in the field, allowing for the broadest scope of practice and the ability to provide professional appraisals for varied property types.