License Requirements

Appraiser Trainee

Both the Trainee Appraiser and Supervisory Appraiser shall be required to complete a course that, at minimum, complies with the specifications for course content established by the AQB. The course must be completed by the Trainee Appraiser prior to obtaining a Trainee Appraiser credential, and completed by the Supervisory Appraiser prior to supervising a Trainee Appraiser.

Requirements:

The required courses to become an Appraisal Trainee total 75 hrs.

• Basic Appraisal Principles
• Basic Appraisal Procedures
• 15-hr National USPAP Course

To Become State Licensed

You must have completed 30 semester hours from an accredited college, junior college, community college or university.  Applicants holding an Associate degree or higher from an accredited college, junior college, community college or university satisfy the 30-hour college level education requirement.

Required Education:

The required courses to become a Licensed Residential Appraiser need to complete an additional 75 hrs.

• Market Analysis and Highest & Best Use
• Residential Appraiser Site Valuation and Cost Approach
• Residential Sales Comparison and Income Approaches
• Residential Report Writing and Case Studies

Required Experience:

• 2,000 hours of appraisal experience in no fewer than 12 months is required.

To Become Certified Residential

Required Education:

You must have a Bachelor’s degree or higher from an accredited college or university.

• Residential Market Analysis and Highest & Best Use
• Residential Appraiser Site Valuation and Cost Approach
• Residential Sales Comparison and Income Approaches
• Residential Report Writing and Case Studies
• Statistics, Modeling & Finance
• Advanced Residential Applications and Case Studies
• Appraisal Subject Matter Electives

Required Experience:

• 2,500 hours of appraisal experience in no fewer than 24 months is required.

Online Limitations:

Trainees: Cannot complete Qualifying Education online.

Licensed Appraisers: may complete no more than 50% of the courses labeled (d) through (g) online.

Certified Residential Appraisers: may complete no more that 50% of the courses labeled (d) through (j) online.

(a) basic appraisal principles 30 hours

(b) basic appraisal procedures 30 hours

(c) the 15-hour national USPAP course and examination 15 hours

(d) residential market analysis and highest and best use 15 hours

(e) residential appraiser site valuation and cost approach 15 hours

(f) residential sales comparison and income approaches 30 hours

(g) residential report writing and case studies 15 hours

(h) statistics, modeling and finance 15 hours

(i) advanced residential applications and case studies 15 hours