Going Concern (GC) Specialty Program

ASA is now offering the profession's only specialty designation in Going Concern Valuation. This 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.

ASA's Going Concern Program is comprised of two courses (RP401, Allocating Components in Going Concerns Appraisals and RP400, Going Concerns Appraisals Case Studies Appraisals) and was developed in response to requirements impacting SBA-backed business loans and moves by financial institutions, both of which have provided new opportunities for ASA-designated appraisers who specialize in Going Concern Appraisals.

Applying for the ASA-Real Property Going Concern Specialty


Before applying online, please be sure you meet the following pre-requisites:
  • Confirm you hold the Accredited Senior Appraiser (ASA) in Real Property and that you are a member in good standing;
  • Pass the following education requirements:
         a.  RP401, Allocating Components in Going Concerns Appraisals
         b.  RP400, Going Concerns Appraisals Case Studies
  • Complete the ASA online application for the Going Concern Specialty;
  • Pay any online application fees; and
  • Online Upload: Upload one (1) going concern-related actual report for reviewing Going Concern valuations.