A licensed residential appraiser may appraise one-to-four (non-complex) residential units with a transactional value less than $1 million and one-to-four (complex) residential units with a transactional value less than $400,000.
Education requirement: at least 150 hours* of qualifying education:
*Certain states may require additional education, so please refer to the state's requirements.
Appraisal Institute Online Education Packages (pricing)
FLORIDA licensees: The state of Florida has different versions of the following courses: Residential Site Valuation and Cost Approach - Florida Version and Residential Report Writing and Case Studies - Florida Version.
The successful pass of the Licensed Residential Real Property Appraiser examination.