How to Earn or Upgrade Your New York Appraiser License
If you want to know how to become an appraiser in New York or you want to know more about upgrading an existing credential, the path starts by learning the state requirements you need to meet. But no matter if you’re just starting out or ready to advance to the next level of your career, McKissock Learning has the qualifying education and required courses you need to achieve your goals.
New York Appraiser License: Licensed Residential
Your career as an appraiser starts with an Appraiser Assistant, or a Trainee License. This credential allows you to appraise residential properties and write reports under the direct supervision of a Certified Residential or Certified General Appraiser. As an Appraiser Assistant, you can gain hands-on experience and earn income while still learning what you need to work independently in the future. To become an Assistant Appraiser, you ll need to meet the following requirements.
Step 1: Complete 79 hours of required New York appraiser education
Step 2: Find a Certified Residential or Certified General Appraiser agree to act as your supervisory appraiser (note: you will both need to take the Supervisor/Trainee Appraiser Course for New York)
Step 3: Complete and submit your application and background check
What does an New York real estate appraiser do?
Acting independently of the buyers or sellers in the transaction, a real estate appraiser provides an objective, unbiased estimate of the market value of the property. They complete their valuation by observing and documenting the property’s square footage, quality and condition, and amenities and by researching the local market and comparable properties. Appraisers then use this information to write their appraisal report of their findings.
Required courses to become an Associate Appraiser Trainee in New York
- Basic Appraisal Principles – 30 hours
- Basic Appraisal Procedures – 30 hours
- National USPAP Course or Equivalent – 15 hours
- Supervisor/Trainee Course for New York – 4 hours
Online Info
Required Education:
79 Hours.
Basic Appraisal Principles (R-5) – 30 hours
Basic Appraisal Procedures (R-6) – 30 hours
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for New York – 4 hours
2015 AQB Supervisor/Trainee Course Requirement: Both the Trainee Appraiser and Supervisory Appraiser shall be required to complete a course that, at minimum, complies with the specifications for course content established by the AQB. The course must be completed by the Trainee Appraiser prior to obtaining a Trainee Appraiser credential, and completed by the Supervisory Appraiser prior to supervising a Trainee Appraiser.
Experience: N/A
College Education: N/A
Online Limitations
The New York Department requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course!
The New York State Board of Real Estate Appraisal requires that you take your final exam at an approved proctor location within New York. CLICK HERE to view the list of approved proctor locations.
Roster
Governing Agency
Becoming a Licensed Residential Appraiser in New York
A Licensed Residential Appraiser in New York is permitted to appraise:
- Non-complex 1-4 residential units with a transactional value of less than $1 million
- Complex 1-4 residential units with a transaction value less than $250,000
- Vacant or unimproved land with a transaction value of less than $1 million for which the highest and best use is for 1-4 family purposes
To become a Licensed Residential Appraiser, you will need an added 75 hours of qualifying education on top of what you needed to become an Appraiser Assistant. When you apply for your credential, you will need to send proof of completing your coursework, plus verification of at least 1,000 hours of supervised appraisal experience gained in no less than six months. You must also pass the National Uniform Certification and Licensing Exam for Licensed Residential Appraisers to earn this credential. You don’t need college credits to earn your Licensed Residential Appraiser credential.
New York Licensed Residential Appraiser (154 hours) – AQB recommended course order
- Basic Appraisal Principles* – 30 hours
- Basic Appraisal Procedures* – 30 hours
- National USPAP Course or Equivalent* – 15 hours
- Supervisor/Trainee Course* – 4 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
*Part of required qualifying education needed to become a Trainee Appraiser
Frequently asked questions about your New York appraisal license
Once I have my New York appraiser license, then what?
After you become a licensed or certified appraiser, you will need to maintain your credential with Continuing Education (CE). In New York, you must complete 28 hours of approved appraiser continuing education courses within your two-year license renewal period, including the 7-hour USPAP course.
New York Appraiser License: Licensed
How to become an appraiser in New York
Your career as an appraiser starts with an Appraiser Assistant, or a Trainee License. This credential allows you to appraise residential properties and write reports under the direct supervision of a Certified Residential or Certified General Appraiser. As an Appraiser Assistant, you can gain hands-on experience and earn income while still learning what you need to work independently in the future. To become an Assistant Appraiser, you ll need to meet the following requirements.
Step 1: Complete 79 hours of required New York appraiser education
Step 2: Find a Certified Residential or Certified General Appraiser agree to act as your supervisory appraiser (note: you will both need to take the Supervisor/Trainee Appraiser Course for New York)
Step 3: Complete and submit your application and background check
What does an New York real estate appraiser do?
Acting independently of the buyers or sellers in the transaction, a real estate appraiser provides an objective, unbiased estimate of the market value of the property. They complete their valuation by observing and documenting the property’s square footage, quality and condition, and amenities and by researching the local market and comparable properties. Appraisers then use this information to write their appraisal report of their findings.
Required courses to become an Associate Appraiser Trainee in New York
- Basic Appraisal Principles – 30 hours
- Basic Appraisal Procedures – 30 hours
- National USPAP Course or Equivalent – 15 hours
- Supervisor/Trainee Course for New York – 4 hours
Online Info
Required Education:
154 Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for New York – 4 hours
Residential Market Analysis and Highest and Best Use (R-7) (15 hours)
Residential Appraiser Site Valuation and Cost Approach (R-8) (15 hours)
Residential Sales Comparison and Income Approaches (R-9) (30 hours)
Residential Report Writing and Case Studies (R-10) (15 hours)
Experience: 1,000 hours of acceptable appraisal experience in not less than 24 months.
College Education: No college-level education required.
Online Limitations
The New York Department requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course!
The New York State Board of Real Estate Appraisal requires that you take your final exam at an approved proctor location within New York. CLICK HERE to view the list of approved proctor locations.
Roster
Governing Agency
Good to Know: FAQs for how to become an appraiser in New York
Should I get my New York appraiser license?
Appraisers in New York can start their own business with lower start-up costs and less risk than many comparable professions. Even during downturns in the market, appraisers are sought after to provide non-lender valuations for estate planning, divorce settlements, and other purposes. This allows them to have more control over their income while enjoying a flexible schedule.
How long does it take to become an appraiser in New York?
There’s not a set time to earn your Appraiser Assistant credential. First, you’ll need to complete 79 hours of required education and find a Certified Residential or Certified General Appraiser to act as your supervisor. You can do these concurrently to save time. Then, once you complete these steps, you need to submit your application and background check and wait a few weeks for approval.
To help you complete your goals on a timeline that works best for you, McKissock offers both livestreaming courses for better engagement and the ability to ask questions in real-time and on-demand, self-paced courses that you can complete when and how it’s convenient for you.
Helpful resources:
New York Appraiser License: Certified Residential
How to become a real estate appraiser in NY: Certified Residential
In New York, a Certified Residential Appraiser can appraise any 1-4 unit residential property without regard to complexity or transaction value. This also includes appraising vacant or unimproved land for which the highest and best use is for 1-4 family purposes. To become a Certified Residential Appraiser in New York, you must complete the following:
- 204 hours of required education (79 of which was earned to become an Appraiser Assistant
- 1,500 of acceptable appraisal experience in no fewer than 12 months.
- Pass the National Uniform Licensing and Certification Exam for Certified Residential Appraisers
- Meet one of the following college education criteria:
- Bachelor’s degree from an accredited college or university in any field of study
- Associate’s Degree from an accredited college or university in a focused field of study, such as economics or real estate
- Successfully complete 30 hours of college credit in specified topics
- Complete at least 30 semester units of College Level Examination Program (CLEP) examinations that cover specified topics
- Any combination of college credit or CLEP credit in specified topics
New York Certified Residential Appraiser (204 hours) – AQB recommended course order
- Basic Appraisal Principles – 30 hours
- Basic Appraisal Procedures – 30 hours
- National USPAP Course or Equivalent – 15 hours
- Supervisor/Trainee Course for New York – 4 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
- Statistics, Modeling and Finance – 15 hours
- Advanced Residential Applications and Case Studies – 15 hours
- Appraisal Subject Matter Electives – 20 hours
Online Info
Required Education:
204 Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for New York – 4 hours
Residential Market Analysis and Highest and Best Use (R-7) (15 hours)
Residential Appraiser Site Valuation and Cost Approach (R-8) (15 hours)
Residential Sales Comparison and Income Approaches (R-9) (30 hours)
Residential 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)
Appraisal Subject Matter Electives (20 hours): Introduction to Residential Income Properties (RE-1), Fair Housing/Fair Lending and Environmental Issues (RE-2), or such other elective course approved by the Department.
Experience: 1,500 hours of acceptable appraisal experience in not less than 24 months.
College Education:
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.
Online Limitations
The New York Department requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course!
The New York State Board of Real Estate Appraisal requires that you take your final exam at an approved proctor location within New York. CLICK HERE to view the list of approved proctor locations.
Roster
Governing Agency
Good to Know – FAQs to become a Certified Residential Appraiser in New York
Why become a Certified Residential Appraiser in New York
The fewer limits you have on your credential, the more assignments you can take and the more income you can earn. Having the Certified Residential Appraiser credential lets you take on assignments for all types of residential property below four units, regardless of transaction value and complexity, opening the door for greater opportunities.
How much do residential appraisers earn in New York?
While salary depends on a variety of factors, including location and experience, the average residential appraiser in New York earns between $54,879 and $74,4941.
New York Appraiser License: Certified General
Certified General Appraisers in New York don’t have any exceptions or limits on their credential, so they can appraise all types of property, including single family homes, multi-family properties, farmland, industrial property, and commercial properties.
To earn your Certified General Appraiser credential, you must complete 304 hours of required education (this includes the 79 required hours to become an Appraiser Assistant). You will also need 3,000 hours of acceptable appraisal experience in no fewer than 18 months, 1,500 of which must be non-residential property. Certified General Appraisers must also pass the National Uniform Licensing and Certification Exam for Certified General Appraisers and hold a bachelor’s degree from an accredited college or university.
New York Certified General Appraiser (303 hours) – AQB recommended course order
- Basic Appraisal Principles – 30 hours
- Basic Appraisal Procedures – 30 hours
- National USPAP Course or Equivalent – 15 hour
- Supervisor/Trainee Course for New York – 4 hours
- General Appraiser Market Analysis and Highest and Best Use – 30 hours
- Statistics, Modeling and Finance – 15 hours
- General Appraiser Site Valuation and Cost Approach – 30 hours
- General Appraiser Sales Comparison Approach – 30 hours
- General Appraiser Income Approach – 60 hours
- General Appraiser Report Writing and Case Studies – 30 hours
- Appraisal Subject Matter Electives – 30 hours
Online Info
Required Education:
304 Hours:
Basic Appraisal Principles (R-5) (30 hours)
Basic Appraisal Procedures (R-6) (30 hours)
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for New York – 4 hours
General Market Analysis and Highest and 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)
Appraisal Subject Matter Electives (15 hours): Specialty Appraisals (GE-2) 15 hours Using the HP12C Financial Calculator (GE-3), or such other elective course approved by the Department.
Experience: 3,000 hours of acceptable appraisal experience in no less than 24 months.
College Education: Must have a Bachelor’s degree or higher.
Online Limitations
The New York Department requires that you spend the approved credit hours in your online course. Please be sure that you thoroughly review the course material, participate in all activities provided, and take your time to correctly answer all quiz and exam questions. Our secure online final exam process ensures you will receive the proper credit for your course!
The New York State Board of Real Estate Appraisal requires that you take your final exam at an approved proctor location within New York. CLICK HERE to view the list of approved proctor locations.
Roster
Governing Agency
Good To Know- Frequently asked questions to become a Certified General Appraiser in New York
Do I need a college degree to be a Certified General Appraiser?
Yes, you will need a bachelor’s degree from an accredited college or university.
How much do Certified General Appraisers earn in New York?
Certified General Appraisers’ median salary in New York is around $122,3522.
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