Certified General Appraiser Exam Practice Questions and Answers

Non-residential property with value less than $250,000. Licensed or Certified? Licensed Appraiser $1 million residential property. Licensed or Certified? Certified Appraiser Particularly Complicated Assignment. Licensed or Certified? Certified Appraiser $150,000 Family home. Licensed or Certified? Licensed Appraiser Particularly complicated assignment. Licensed or Certified? Certified Appraiser $500,000 residential property. Licensed or Certified? Certified Appraiser Professional Appraisers: A Comparative Market Analysis is an informal estimate of the value of a property created by real estate broker. Right or wrong? Right! A CMA is an informal estimate of the value of a property and can be made by other real estate professionals who hold a license, such as a real estate broker. A CMA is just as important and accurate as a form real estate appraisal? True or False? Wrong!