GPPA – Graduate Personal Property Appraiser

GPPA Auctioneer DesignationGPPA – Graduate Personal Property Appraiser

The National Auctioneers Association’s custom designed program enhances the professional auctioneer’s appraisal skills and knowledge. After attending and completing the GPPA designation, you will feel empowered to take on virtually any appraisal.

The GPPA program teaches students the responsibilities of being an appraiser and provides advanced training in the Uniform Standards of Professional Appraisal Practice (USPAP) guidelines.

The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraiser in federally related transactions. State Appraiser Certification and Licensing Boards; federal, state, and local local agencies, appraisal services; and appraisal trade associations require compliance with USPAP.

Classroom instruction includes training in the following topic areas:

  • Marketing your appraisal business
  • Function and responsibilities of the appraiser
  • Factors effecting the value of appraised assets
  • Personal property identification and valuation
  • Methodology of appraisals
  • Researching comps
  • What to look for: Identifying marks, condition, etc.
  • Drafting appraisal reports

Requirements:

To attend:

  •   Be at least 21 years of age
  •   Be a high school graduate or equivalent
  •   Complete the Prerequisite Designation Course before attending or hold another NAA designation

To complete the designation:

  •   Complete 40 classroom hours
  •   Complete all assignments
  •   Pass final exam
  •   Submit two appraisals within 90-days of class
  •   Successfully complete 15-hour USPAP course within one year of taking GPPA class

To maintain the designation:

  •   Pay yearly designation fee
  •   Obtain 24 hours of continuing education every three years
  •   Must remain current with USPAP certification, 15-hour USPAP class within one year of GPPA class, 7-hour update every two (2) years thereafter

Tuition Cost:

Member price – $ 570
Non-member price – $870


Questions?

Contact the NAA Education Department at (913) 541-8084 or email education@auctioneers.org