Earn Your Real Estate Appraisal License!

State Certified Residential
Real Estate Appraiser

Education: 200 hours

Experience: 1500 hours over a period of not less than 24 months.  Residential experience must contain experience in residential single-family, residential multi-family, vacant lot or farm.

• Basic Appraisal Principles (R-5) (30 hours)
• Basic Appraisal Procedures (R-6) (30 hours)
• 15 Hour National USPAP (15 hours)
• Residential Market Analysis and Highest/best Use (R-7) (15 hours)
• Residential Appraiser Site Valuation and Cost Approach (R-8) (15 hours)
• Residential Sales Comparison and Income Approach (R-9) (30 hours)
• Res. Report Writing and Case Studies (R-10) (15 hours)
• Statistics, Modeling and Finance (SMF) (15 hours)
• Advanced Residential Applications and Case Studies (R-11) (15 hours)
• Introduction to Residential Income Properties (RE-1) 20 hours OR Fair Housing, Fair Lending and Environmental Issues (RE-2) (20 hours)

Exam Required: Yes

College: 

1. Bachelor’s Degree in any field of study
2. Associate’s Degree in a focused field of study, such as business, economics, or real estate;
3. Successful completion of 30 college semester credit hours in specified topics;
4. Successful completion of College-Level Examination Program (CLEP)1 exams equivalent to a minimum of 30 semester credit hours in specified subject matter areas; or
5. Any combination of #3 and #4 above that includes all of the topics identified.
6. A LICENSED RESIDENTIAL appraiser who has been licensed for a minimum of 5 years and in good standing for at least 5 years with no disciplinary actions that would affect the individual’s ability to appraise may upgrade to CERTIFIED RESIDENTIAL without completing any college coursework.

State Certified General
Real Estate Appraiser

Education: 300 hours

Experience: 3000 hours over a period of not less than 24 months.  A Minimum of 1500 hours must be in non-residential appraisal.

• Basic Appraisal Principles (R-5) (30 hours)
• Basic Appraisal Procedures (R-6) (30 hours)
• 15 Hour National USPAP (15 hours)
• Gen. Market Analysis and Highest/best Use (G-4) (30 hours)
• Statistics, Modeling and Finance (SMF) (15 hours)
• General Appraiser Sales comparison Approach (G-5) (30 hours)
• General Appraiser Site Valuation and Cost Approach (G-6) (30 hours)
• General Appraiser Income Approach (G-7) (60 hours)
• General Appraiser Report Writing and Case Studies (G-8) (30 hours)
• Fair Housing, Fair Lending and Environmental Issues (GE-1) (15 hours)
• Specialty Appraisals (GE-2) (15 hours) OR Using the HP12C Financial Calculator (GE-3) (15 hours)

Exam Required: Yes

College: Bachelor’s Degree or higher