Achieving a Designation
The American Society of Appraisers (ASA) confers two designations upon qualified candidates – the Accredited Member (AM) designation and the Accredited Senior Appraiser (ASA) designation. While each of ASA’s appraisal disciplines have their own specific requirements to achieve these designations, the following general information will help get you started:
To qualify for Accredited Senior Appraiser (ASA) status, an individual must have a minimum of five (5) years of full-time appraisal experience or the equivalent. At least two (2) years of full-time appraisal experience or the equivalent are necessary for Accredited Member (AM) status.
Education and Examinations
In general, each Candidate for a designation with ASA must have a four-year college degree or its equivalent (equivalencies are described in detail within each discipline accreditation guide). Most ASA disciplines also require the Candidate to pass a set of four (4) Principles of Valuation courses which lay the foundation for the remainder of the accreditation process. Some disciplines require candidates to pass a comprehensive exam before a designation is awarded to evaluate the technical appraisal proficiency of the Candidate and their acquaintance with the society's ethics, principles and basic precepts. Be sure to check your discipline’s specific requirements found in each discipline accreditation guide.
The submission of an appraisal report is a significant factor in the evaluation of the total accreditation application and should support and define the experience, education and appraisal qualifications of each applicant. Accreditation is awarded to those candidates who demonstrate proficiency in performing complex appraisal assignments. ASA's International Board of Examiners will issue a final decision on all accreditation applications after all factors (experience, education, examination and appraisal reports) have been considered.