Appraisal
Apply for an Appraiser License
To become a Licensed Appraiser an individual must:
- Register with the Division as an Appraiser Trainee by completing the Appraiser Trainee Registration.
Note: Appraiser Trainees must work under the direct supervision of a Certified Appraiser. - Take an additional 75 hours of required education (for a total of 156 non-duplicative hours) from our list of approved qualifying education providers & courses. Required courses are:
- Residential Market Analysis and Highest & Best Use - 15 hrs
- Residential Appraiser Site Valuation and Cost Approach - 15 hrs
- Residential Sales Comparison and Income Approaches - 30 hrs
- Residential Report Writing and Case Studies - 15 hrs
These 4 residential courses may be substituted with the equivalent 4 general courses: - General Appraiser Market Analysis and Highest & Best Use - 15 hrs
- General Appraiser Site Valuation and Cost Approach - 15 hrs
- General Appraiser Sales Comparison Approach - 30 hrs
- General Appraiser Report Writing and Case Studies - 15 hrs
- Accumulate a total of at least 1000 experience hours within six months to five years, while registered as a Trainee. Document experience on the following forms:
- Fee-Licensed Appraiser Experience Log (INSTRUCTIONS )
- Mass-Licensed Appraiser Experience Log (INSTRUCTIONS )
Use these Experience Appendices Rules to determine the allowed number of hours for each completed appraisal.
Note: Residential Appraiser Trainees must be accompanied by their supervisor on the first 35 interior/exterior inspections. General Appraiser Trainees must be accompanied by their supervisor for the first 20 inspections. - Or proof of completion of a Licensed Appraiser PAREA module
- Apply to sit for the Licensed Appraiser exam by submitting to the Division:
- Completed and signed Appraiser Application , including the application checklist .
- Completed Certification of Legal Presence .
- Completed and signed Appraiser Education Log .
- Completed and signed Appraiser Experience Log as indicated above.
- $350 non-refundable fee.
- Fee Appraisers
After your application has been reviewed, the Division will request, via email, 4 sample appraisals from your experience log. In addition to true copies of these appraisal reports the candidate must provide copies of the complete work file, which includes (but is not limited to) a verification source for each comparable that has been used; e.g., a copy of the MLS printout (if that is the source), a copy of the closing statement (or some other public record), and colored photos of the subject and all comparables.
Mass Appraisers
At the time of application, Licensed Appraiser applicants whose experience is earned primarily through mass appraisal shall submit proof of having performed at least 65 hours of appraisals conforming to USPAP Standards 1 and 2; In addition to true copies of these appraisal reports the candidate must provide copies of the complete work file, which includes (but is not limited to) a verification source for each comparable that has been used; e.g., a copy of the MLS printout (if that is the source), a copy of the closing statement (or some other public record), and colored photos of the subject and all comparables.
Please note that the confidentiality section of USPAP authorizes the disclosure of confidential information to state enforcement agencies. The reports you submit must not be altered in any way from the original format as submitted to your clients. Each appraisal must be signed by appropriate parties.
Use these Experience Appendices Rules to determine the allowed number of hours for each completed appraisal.
Note: Residential Appraiser Trainees must be accompanied by their supervisor on the first 35 interior/exterior inspections. General Appraiser Trainees must be accompanied by their supervisor for the first 20 inspections.
- Upon receipt of written approval from the Appraisal Board, take and pass the Licensed Appraiser exam.
- Upon passing the Licensed Appraiser exam, submit to the Division:
- Completed and signed documentation of successfully passing the exam (issued at the testing center).
- $125 non-refundable fee ($80 National Registry Fee, $40 Fingerprinting Fee, and $5 RapBack fee)
Note: Incomplete applications will be returned to the applicant.
Note: Licensed Appraisers may appraise non-complex 1-4 residential units with a value less than $1,000,000 and complex 1-4 residential units with a value less than $400,000.
Note: This Experience Review Form will be used by our Experience Review Committee to determine if you meet the qualifications to take the national licensing exam.