AI Immediate Past President Sara W. Stephens, MAI, Discusses Opportunities for Future Valuation Professionals
Starting Your Career
To become a real property appraiser, you will need to meet the minimum requirements
set by the Appraisal Qualifications Board (AQB) in the following three areas:
What is the AQB?
The AQB is an independent board of The Appraisal Foundation. Under the provisions
of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of
1989 (FIRREA), the AQB establishes the minimum education, experience and examination
requirements for real property appraisers to obtain a state certification. To learn
more about the AQB, click here.
Education
The current AQB minimum education criteria are outlined in the table below. In addition
to required education hours, there is also a uniform state licensing/certification
examination and a college degree requirement for the certified levels.
Minimum Criteria for Appraisal Education Hours
Level
Hours
Appraiser Trainee
75
Licensed Residential Real Property Appraiser
150
Certified Residential Real Property Appraiser
200
Certified General Real Property Appraiser
300
Convenient Education Packages
The Appraisal Institute offers several Education Packages to help you save time
and money. Save with Education Packages.
Please note: These are minimum criteria; states have the option
requiring more hours than listed. It is imperative that you understand your state
requirements. Many states may require more than the minimum required hours. For
more information about your state's requirements,
contact your state regulatory agency.
If you are a trainee looking for a supervising appraiser, the supervising appraiser
must be either a certified residential or certified general appraiser in good standing
and not subject to any disciplinary action within the last two years that affect
the supervising appraiser's legal eligibility to practice appraisal.
The AQB has set the following minimum criteria for experience:
Level
Hours of Experience Required
Trainee
Subject to direct supervision by a supervising appraiser who is certified in good
standing
Appraisal Institute courses do an excellent job to prepare you to pass state examinations
to become licensed or certified. Our courses reinforce real estate appraisal theory
and concepts by presenting and applying them to real-world problems and case studies.
How can the Appraisal Institute help you?
Start by joining as an Candidate for Designation or Affiliate and gain access to numerous professional development resources
that will help you advance your career:
Benefits Include:
Discounts of up to 30% on all education and up to 20% on all books
FREE subscriptions to The Appraisal Journal
and Valuation magazine
Premier research services through the Lum Library
Comprehensive protection plans and medical services through REAGIT
Exclusive discounts on Office Max products, STDBonline and
many more!
