#1
5th March 2016, 02:03 PM
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Appraiser training
Hello sir I would like to know the steps to become to Apprentice Appraiser so please provide me suitable information about the same.
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#2
5th March 2016, 02:04 PM
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Re: Appraiser training
Appraisers need to complete approved education programs, such as a certificate or associate's degree program, and earn professional certification. Step 1: Become a Trainee/Apprentice Appraiser Education: Complete and pass 75 hours of basic appraisal education, which includes three courses: Basic Appraisal Principles 30 hours Basic Appraisal Procedures 30 hours 15-hour Universal Standards of Professional Appraisal Practice (USPAP) 15 hours Experience: The Trainee Appraiser level does not have an experience requirement. Each Trainee Appraiser must be supervised to get the required hours of experience before applying for the Licensed Residential Appraiser level Step 2: Become a Licensed Residential Appraiser When you become a Licensed Appraiser, you will be able to perform appraisals on your own. Education: You must complete a total of 150 hours of education. The 150 hours includes the 75 hours required for the trainee level and four additional courses: 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 2. Experience: You are required to complete 2,000 hours of experience in no less than 12 months. These hours must be directly supervised by an acceptable supervisory appraiser. Exam: The Appraisal Qualifications Board (AQB)-approved Licensed Residential Real Property Appraiser examination must be successfully completed. All education, degree, and experience hours must be completed prior to taking the national exam. Degree: Complete 30 semester hours of college-level education from an accredited college, junior college, community college, or university. An associate degree or higher satisfies this requirement. |
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