Certified General Appraisers may conduct appraisals of residential real estate and commercial real estate without regard to transaction value. Certified Residential Appraisers may conduct appraisals of residential real estate without regard to transaction value and of commercial real estate having a transaction value of not more than $250,000. Licensed Appraisers may conduct appraisals of complex 1-4 family residential property having a transaction value of not more than $250,000, non-complex 1-4 family residential property having a transaction value of not more than one million dollars and commercial real estate having a transaction value of not more than $250,000.