An appraiser who has received the Accredited Rural Appraiser (ARA) designation is trained and tested to ensure they are equipped with the tools necessary to tackle a wide spectrum of real estate valuation assignments. As with all assignments, competency in any specific arena is the duty of the appraiser; however the ARA has demonstrated through a comprehensive and intensive process that they have the knowledge and skills to successfully administer the appraisal. The Accredited Rural Appraiser conducts valuation work on wide range of property types that exist in rural parts of the country. These properties are often among the most complex properties from a valuation standpoint and require a sophisticated valuation expert to properly appraise them. An ARA has demonstrated through course work, experience, work review and a comprehensive exam that they have the expertise required for these complex valuation assignments.
Below is a partial list of the types of properties that ARAs appraise each day:
- Agricultural Production Facilities – examples include: commercial feed yards, greenhouses, potato houses, cold storage and others
- Agricultural Properties – examples include: production agriculture, recreational ranches
- Natural Resources – examples include: oil/gas and other minerals, wind/geothermal/solar, timber, water and others
- Federal , State, local Condemnation and Right-of-Way Appraisals
- Partial Interests – examples include: undivided interest, leasehold/leased fee, life estate, conservation easements and others
- Commercial Properties– examples include: small office buildings
- Small business– examples include: machinery dealers
- Rural Residential properties
Approximately one half of all land found within the United States is utilized in some form of agricultural production and even more is included in uses such as rural residential and recreational properties. At the same time, the number of appraisers that have been educated and trained in this specific type of real estate is relatively small as a percentage of the entire appraisal workforce. As a result, appraisers in this industry have formed a very close network of peers which aids in the ability to gather significant factual data pertinent to very difficult and complex real property issues. Given the complexities of issues surrounding such a large percentage of real estate throughout the United States, and the significant investment required by market participants to acquire ownership, a well trained and experienced valuation professional has vast opportunities to obtain significant business.
Round 1 Dates
Application due by January 15
Reports due by March 1
Demonstration report due by April 1
Round 2 Dates
Application due by May 15
Reports due by July 1
Demonstration report due by August 1
Please submit your application, experience and demonstration report to firstname.lastname@example.org. Deanna Ilk is available to assist you with questions at email@example.com or (303) 692-1222.
ASFMRA Annual Conference
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