Certified General Exam Success: Expert Tips for the Comprehensive Appraisal Exam
Achieving Certified General (CG) status is a prestigious accomplishment in the real estate appraisal industry. The key to getting there is passing the Comprehensive Exam, a detailed and rigorous assessment designed by the Appraisal Institute. While the exam can seem overwhelming, expert preparation strategies can make all the difference. In this blog, we share expert-backed tips to help you pass each module and earn your CG designation with confidence.
Know What You're Up Against
The Comprehensive Exam is divided into four independent modules:
General Concepts
Cost Approach and Highest & Best Use (HBU)
Sales Comparison Approach
Income Capitalization Approach
Each module is time-limited and must be passed individually. You schedule them within a 30-day test window, and you can take them in any sequence. Understanding the breakdown helps you manage your preparation and test-day expectations more effectively.
Expert Tip #1: Focus on General Concepts First
Most appraisers underestimate this module. Don't make that mistake. A strong command of basic principles can actually make the other modules easier. Focus your study on:
Core appraisal definitions and terminology
Economic principles influencing real estate value
The valuation process and USPAP fundamentals
Use flashcards, glossary reviews, and concept drills to build mental speed and clarity.
Expert Tip #2: Build Analytical Strength for the Cost & HBU Module
This module tests both numerical calculations and logical reasoning. The highest and best use section is particularly critical. Focus on:
Understanding cost estimating methods
Identifying and calculating different types of depreciation
Applying the four tests of Highest & Best Use
Writing short HBU summaries based on case scenarios
Take real property examples and walk through full HBU determinations to strengthen your logic and clarity.
Expert Tip #3: Get Precise with the Sales Comparison Module
Success here depends on your ability to defend every adjustment. You need to show not just how, but why you adjusted. Study:
Paired sales and market-based adjustments
Quantitative vs. qualitative analysis
Bracketing, reconciliation, and adjustment justification
Practice with mock sales grids and time yourself to improve both speed and accuracy.
Expert Tip #4: Master the Income Module with Repetition
This module is the most math-intensive, and it often requires the most study time. Don’t just memorize formulas—practice applying them. Focus on:
Direct Capitalization and Discounted Cash Flow
Net operating income (NOI) modeling
Expense trending, lease analysis, and reversion calculations
Band of investment and rate derivation
Work through dozens of real or simulated problems and challenge yourself to explain each answer clearly.
Expert Tip #5: Simulate the Real Exam Weekly
Nothing builds confidence like real-world practice. Take at least one full mock exam per week starting a month before your test. Include:
Timed modules
No aids or notes
Flagging and reviewing questions
Full analysis of missed answers
This routine will sharpen your endurance, improve time management, and reduce test anxiety.
Expert Tip #6: Create a Strategic Study Plan
Cramming doesn't work for this exam. Instead, build a plan that spans 8 to 10 weeks and includes:
Daily topic focus (2–3 hours)
Weekly module rotations
Biweekly review of all past material
Formula sheet review every morning
Use digital tools like spreadsheets or study apps to keep yourself accountable and track your progress.
Expert Tip #7: Use the Best Exam Prep Tools
Leverage expert-curated resources to make your study more effective. Top choices include:
Appraisal Institute Comprehensive Guidebook
Practice Exams for Real Estate Appraisers
CompuCram and McKissock exam simulators
Custom flashcard decks and formula review sheets
These tools are designed specifically for the CG exam structure and will help you prepare smarter.
Expert Tip #8: Own Exam Day with Confidence
When it’s finally time to sit for a module, preparation is everything—but mindset is just as important. On test day:
Show up early and well-rested
Bring required ID and tools
Manage your time within the module carefully
Flag tricky questions and return later if needed
Stay calm—confidence is earned through prep
Trust your plan and your knowledge.
Success in the Certified General Exam doesn’t require perfection—it requires strategy, consistency, and the right mindset. By following these expert tips, studying each module in depth, and using proven resources, you’ll be well-equipped to pass and move forward in your appraisal career. Take your time, stay disciplined, and go into each module with focus and purpose. You've got this.