How to Become an Appraiser in New York
If you want to know how to become an appraiser in New York or how to upgrade your existing credential, start by reviewing your state’s licensing requirements. Whether you’re just starting out in real estate appraisal or you’re ready to take your career to the next level, McKissock Learning has the appraisal courses and professional development resources you need to achieve your goals.
New York Appraiser License: Appraiser Assistant
How to become an appraiser in New York
When launching a career as a real estate appraiser, you will begin at the Trainee level. In New York, Trainees are called Appraiser Assistants. After earning this credential, you’ll be allowed to appraise properties and write reports under the direct supervision of a Certified Supervisory Appraiser. During your stint as an Appraiser Assistant, you will learn the ropes of the appraisal profession and gain the required on-the-job experience needed to become a licensed or certified appraiser in the state of New York.
To become an Appraiser Assistant in New York, follow these steps:
Step 1: Complete 79 hours of required New York appraiser education.
Step 2: Find a Certified Residential or Certified General Appraiser who will agree to act as your supervisory appraiser. (Note: Both you and your supervisor will need to take the Supervisor/Trainee Appraiser Course for New York.)
Step 3: Complete and submit your application and background check to the New York Department of State.
Important: Verify all steps and requirements with the New York Department of State. For more information, contact the New York State Board of Real Estate Appraisal at 518.474.4429.
New York Appraiser Assistant (79 hours) – AQB recommended course order
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
FAQs about how to become an appraiser in NY
What does a 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 an appraisal report of their findings.
How long does it take to become an Appraiser Assistant in New York?
You can earn your Appraiser Assistant credential in a matter of weeks or months. 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’ll need to submit your application and background check and wait for approval from the NY Department of State, which could take a few weeks.
Note that you must apply for your Appraiser Assistant license within 5 years after completing your qualifying education courses.
To help you complete your goals on a timeline that works best for you, McKissock offers convenient online course packages in flexible learning formats to suit your needs.
After I become an Appraiser Assistant, then what?
Once you’re a licensed Appraiser Assistant, you can begin working under your supervisor and earning wages. In addition to logging a specified amount of appraisal experience, you’ll need to take some licensing and certification courses and pass a national exam to become a fully licensed certified real estate appraiser in New York. The entire process can be done in a little over 24 months.
Navigate to the “Licensed,” “Certified Residential,” and “Certified General” tabs at the top of this page to learn the specific requirements for each credential.
Helpful resources:
New York Appraiser License: Licensed Residential
How to become a Licensed Residential Appraiser in New York
A State Licensed Residential Real Estate Appraiser (or home 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 in New York, you must:
- Complete 154 hours of New York appraiser qualifying education (includes the 79 hours you completed to become an Appraiser Assistant, plus an additional 75 hours)
- Complete at least 1,000 hours of supervised appraisal experience gained in no less than 24 months
- Submit your application to the New York Department of State
- Pass the National Uniform Licensing and Certification Exam for Licensed Residential Appraisers
- No college education required
Important: Verify all steps and requirements with the New York Department of State. For more information, contact the New York State Board of Real Estate Appraisal at 518.474.4429.
New York Licensed Residential Appraiser (154 hours) – AQB recommended course order
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
FAQs about how to become a Lisensed Residential Appraiser in NY
Should I get my New York appraiser license?
If you’re looking for a real estate career that’s stable, flexible, challenging, and profitable, consider becoming a state licensed or certifed appraiser in New York.
New York real estate appraisers can start their own business with lower start-up costs and less risk than many comparable professions. Even when the housing market is slow, appraisers are sought after to provide non-lender valuations for estate planning, divorce settlements, and other purposes. This allows them to diversify their clients and buffer their income from possible downturns in the market.
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 New York appraiser CE courses every 2 years, including the 7-hour USPAP course.
How much do home appraisers make in New York?
According to Salary.com, the typical salary for residential real estate appraisers in New York ranges from $55,002 to $110,820, with experienced appraisers earning more.1,2 The Bureau of Labor Statistics lists the mean annual wage of New York property appraisers and assessors as $85,840.3 Glassdoor gives a much higher number, estimating that New York home appraisers make an average yearly salary of $127,889.4
Significant factors that influence an appraiser’s income include license level, years of experience, location, hours worked per week, and advanced skills or professional certifications. Increase your earning potential with flexible, high-quality appraisal classes and certification programs offered right here at McKissock Learning.
Helpful resources:
Sources cited:
- Appraiser (Residential Real Estate) Salary in New York (Salary.com)
- Appraiser Sr. (Residential Real Estate) Salary in New York (Salary.com)
- Occupational Employment and Wage Statistics: Property Appraisers and Assessors (US Bureau of Labor Statistics)
- Residential Real Estate Appraiser Salaries in New York State (Glassdoor)
New York Appraiser License: Certified Residential
How to become a Certified Residential Appraiser in New York
In New York, a State Certified Residential Real Estate Appraiser (also called a home 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 204 hours of required education (includes the 79 hours you completed to become an Appraiser Assistant, plus an additional 125 hours)
- Complete 1,500 of acceptable appraisal experience in no fewer than 24 months
- Submit your application to the New York Department of State
- 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 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
- Exception: No college education is required for Licensed Residential Appraisers who have been licensed for a minimum of 5 years and have been in good standing for the past 5 years.
Important: Verify all steps and requirements with the New York Department of State. For more information, contact the New York State Board of Real Estate Appraisal at 518.474.4429.
New York Certified Residential Appraiser (204 hours) – AQB recommended course order
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
FAQs about how to become a Certified Residential Appraiser in NY
Why become a Certified Residential Appraiser in New York?
Why become a Certified Residential vs. Licensed Residential Appraiser in the state of New York? The higher your credential level, the more assignments you can accept 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 or complexity, opening the door for greater opportunities.
How much do Certified Residential Appraisers earn in New York?
While salary depends on a variety of factors, including location and experience, most upper-level residential real estate appraisers in New York earn between $76,227 and $110,820, according to Salary.com.1 Glassdoor gives a higher number, listing the average salary of New York residential appraisers as $127,889 per year.2
Helpful resources:
- New York Licensing Information
- Real Estate Appraiser Exam Prep
- Your Guide to an Appraisal License Upgrade
Sources cited:
New York Appraiser License: Certified General
How to become a Certified General Appraiser in New York State
In New York, State Certified General Real Estate Appraisers (or commercial appraisers) don’t have any exceptions or limits on their credential. They can appraise all types of property, including single-family homes, multi-family properties, farmland, industrial property, and commercial properties like hotels, office buildings, and airports.
To become a Certified General Appraiser in New York, you must:
- Complete 304 hours of required education (includes the 79 hours you completed to become an Appraiser Assistant, plus an additional 225 hours)
- Complete 3,000 hours of acceptable appraisal experience in no fewer than 24 months, 1,500 of which must be non-residential appraisal work
- Submit your application to the New York Department of State
- Pass the National Uniform Licensing and Certification Exam for Certified General Appraisers
- Hold a bachelor’s degree or higher from an accredited college or university
Important: Verify all steps and requirements with the New York Department of State. For more information, contact the New York State Board of Real Estate Appraisal at 518.474.4429.
New York Certified General Appraiser (304 hours) – AQB recommended course order
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
FAQs about how to become a Certified General Appraiser in NY
Do I need a college degree to be a Certified General Appraiser in New York?
Yes, you must hold a bachelor’s degree (or higher) in any field from an accredited college or university.
How much do Certified General Appraisers make in New York?
Most commercial real estate appraisers in New York earn between $48,290 and $146,679, depending on experience level, according to Salary.com.1,2 Glassdoor lists the average salary of New York commercial appraisers as $123,601 per year.3
A Certified General Appraiser’s salary can vary significantly due to factors such as experience level, location, number of hours worked per week, and specialization (e.g., hospitality, commercial/industrial, agricultural).