Enter the Appraisal Field

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How to Become an Appraiser

This information is provided as a general overview of the requirements to become an appraiser. To ensure you meet all the requirements, please refer to the AQB Criteria and your state appraisal board.

There are four components to obtaining a license:

Here are some helpful documents in navigating your way to obtaining an Appraisal License:

College Education

Trainee
There is no college courses or degree required

Licensed
There is no college courses or degree required.

Certified Residential
Applicants for the Certified Residential license must have one of the following requirements:
*As of 2015, an Associate Degree or higher will be required.

Hold an Associate degree, or higher, from an accredited college, junior college, community college, or university.

or

Pass all of the following collegiate subject matter courses from an accredited college, junior college, community college, or university (21 semester credit hours or its equivalent for the certified residential appraiser):

  • English Composition
  • Principles of Economics (Micro or Macro)
  • Finance
  • Algebra, Geometry, or higher mathematics
  • Statistics
  • Computer Science
  • Business or Real Estate Law

Certified General
Applicants for the Certified General license must have one of the following requirements:
*As of 2015, a Bachelor’s Degree or higher will be required.

Hold a Bachelor’s degree or higher from an accredited college or university.

or

Successfully pass all of the following collegiate level subject matter courses from an accredited college, junior college, community college or university (30 semester credit hours or its equivalent for the certified general appraiser):

  • English Composition
  • Micro Economics
  • Macro Economics
  • Finance
  • Algebra, Geometry, or higher mathematics
  • Statistics
  • Computer Science
  • Business or Real Estate Law
  • Two elective courses in accounting, geography, agricultural economics, business management, or real estate.

Appraisal Education

The ASFMRA offers Education for both the Trainee Level and the Certified General Level. ASFMRA course that correspond to each module are listed in italics under the module name.

The minimum hours set forth by the AQB are:

Minimum Criteria for Appraisal Education Hours
Level Hours
Appraisal Trainee 75  hours
Licensed Residential Real Property Appraiser 150  hours
Certified Residential Real Property Appraiser 200  hours
Certified General Real Property Appraiser 300  hours

 

 

Appraisal Trainee Minimum Required Education
   
Basic Appraisal Principles
   - ASFMRA Basic Appraisal Principles
30  hours

Basic Appraisal Procedures
   - ASFMRA Basic Appraisal Procedures
30  hours

15 Hour National USPAP Course
   - ASFMRA 15 Hour National USPAP Course
15  hours

TOTAL 75  hours

 

Licensed Residential Appraiser Minimum Required Education
Appraisal Trainee Requirements 75  hours
Residential Market Analysis and Highest and Best Use 15  hours
Residential Appraiser Site Valuation and Cost Approach 15  hours
Residential Sales Comparison and Income Approaches 30  hours
Residential Report Writing and Case Studies 15  hours
TOTAL 150  hours

 

Certified Residential Appraisers Minimum Required Education
Licensed Residential Requirements 150  hours
Statistics, Modeling and Finance 15  hours
Advanced Residential Applications and Case Studies 15  hours
Appraisal Subject Matter Electives 20  hours
(May include hours over minimum shown above in other modules)
TOTAL 200  hours

 

Certified General Appraiser Minimum Required Education
     
Appraisal Trainee Requirements 75  hours

General Market Analysis and Highest & Best Use
   - ASFMRA General Market Analysis and Highest & Best Use
30  hours

Statistics, Modeling and Finance 15  hours

General Appraiser Sales Comparison Approach
   - ASFMRA Sales Comparison Approach for General Appraisers
30  hours

General Appraiser Site Valuation and Cost Approach
   - ASFMRA Cost Approach for General Appraisers
30  hours

General Appraiser Income Approach
   - ASFMRA Income Approach for General Appraisers, Part 1 (this class is the first 30 hours, you must take an Income Part 2 for 30 hours from another provider such as the Appraisal Institute for full fill this module)
60  hours

General Appraiser Report Writing and Case Studies 30  hours

Appraisal Subject Matter Electives
   - ASFMRA Integrated Approaches to Value
30  hours
(may include hours over minimum shown above in other modules)    

TOTAL 300  hours

Please note these are the minimum requirements, states have the option of requiring more hours than is listed. Please contact your state appraisal board for their specific education requirements.

Experience

The AQB has set the following minimum requirements for experience. States can set higher requirements for experience. Please contact your state appraisal board for their required experience hours.

License Level Hours of Experience Required
Trainee 0 – is subject to direct supervision by a supervising appraiser who is certified and in good standing
Licensed Residential 2,000 hours in no fewer than 12 months
Certified Residential 2,500 hours in no fewer than 24 months
Certified General 3,000 hours in no fewer than 30 months

State Examination

You are required to take and pass the comprehensive examination which corresponds to the license level you are seeking.  You will need to contact your state appraisal board to schedule your exam.

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Sign up for ASFMRA Emails

You can always know what is going on when you sign up for the ASFMRA Emails. From what education courses/seminars are going to be happening to special opportunities going on.

Click here to sign up

Ideas for new education? Provide us with your ideas for new classes.

ASFMRA develops its courses and seminars based on the needs of our members so we are always looking for input from our members on what those needs are. If you have an idea for a class or input on our education offerings of another kind, please tell us.
Send your ideas to us:

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