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ASA to Offer Profession’s Only Specialty Designation in Going Concern Valuation

Apr 15, 2019
 
ASA is now offering the profession’s only specialty designation in Going Concern Valuation. This Going Concern (GC) specialty is designed for those appraisers who value complex commercial real estate with a business component, such as car washes, fueling stations/c-stores and lodging properties on a regular basis.

Appraisers in this specialty have the knowledge and understanding of when (and when not) to properly allocate/segregate the value components as required by lending institutions, and the ability to analyze their effect on value as required by USPAP.

Applying for the ASA-Real Property – Going Concern Specialty
Before applying online, please be sure you meet the following pre-requisites:
  1. Confirm you hold the Accredited Senior Appraiser (ASA) in Real Property and that you are a member in good standing. Not a member join today or apply for ASA’s Professional Education Equivalency Certification Program (PEECP).
  2. Pass the following education requirements:
    a.    RP401, Allocating Components in Going Concerns Appraisals
    b.    RP400, Going Concerns Appraisals Case Studies
  3. Complete the ASA online application for the Going Concern Specialty.
  4. Pay any online application fees.Online Upload: Upload one (1) going concern-related actual report for review.
Questions
Contact an RP Accreditation Specialists today at credentials@appraisers.org or (800) 272-8258.