A professional designation awarded by the National Auctioneers Association to help professional auctioneers learn the responsibilities of appraising assets. Designees are taught to conduct a complete and appropriate appraisal, as well as taught to know the various factors that affect the value of appraised items. MPPA designees specialize in one or more of the following areas: antiques and estates, plant machinery and equipment, construction and agricultural equipment, or small business valuation. In order to be granted the MPPA designation, the auctioneer must already be credentialed with the GPPA.
The National Auctioneers Association created the Master Personal Property Appraiser (MPPA) professional designation to provide GPPA auctioneers with advanced training in appraisals. The MPPA designation is designed to recognize three elements: a commitment to continuing education in the appraisal field, longevity and experience in the discipline of property appraisal, and a depth of experience in personal property appraisal.