How to Earn or Upgrade Your North Carolina Appraiser License
Before you get (or upgrade) your North Carolina appraisal license, it’s crucial to understand the state’s requirements. McKissock Learning provides the courses and support you need to achieve your objectives in a way that works for your life!
North Carolina Appraiser License: Trainee
How to become an appraiser in North Carolina
The Trainee credential allows you to assess residential properties with guidance from a Certified Residential or Certified General Appraiser Supervisor to start gaining practical experience. To qualify, meet these requirements:
- Step 1: Finish 79 hours of required education.
- Step 2: Find a Certified Residential or Certified General Appraiser who can act as your supervisor. Note: They will also need to take the North Carolina Supervisor-Trainee course.
- Step 3: Submit your application and background check.
What’s the Role of a North Carolina Real Estate Appraiser?
North Carolina real estate appraisers assess property value impartially, considering factors like size and condition and research local market information and comparable properties to create a report outlining the property’s value.
Required courses to become a Registered Trainee in North Carolina
- Basic Appraisal Principles – 30 hours
- Basic Appraisal Procedures – 30 hours
- National USPAP Course or Equivalent – 15 hours
- Supervisor/Trainee Course – 4 hours
Online Info
Required Education:
79 Hours.
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for North Carolina – 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
Roster
Governing Agency
FAQs for how to become an appraiser in North Carolina
Should I get my North Carolina appraiser license?
Starting an appraisal business in North Carolina has lower costs and risks than other professions. Even in a slower real estate market, there’s a steady need for appraisers, especially for tasks like estate planning or in the case of a divorce settlement. This flexibility empowers appraisers to manage their earnings and enjoy a schedule that works for them.
How long does it take to become an appraiser in North Carolina?
Ready to start your journey to become aa appraiser in North Carolina?
Start by finishing 79 hours of required education at your own pace and find a Certified Residential or Certified General Appraiser for supervision and training. You can handle both tasks at once to streamline the process. Once completed, you can submit your application and undergo a background check for approval.
McKissock provides livestreaming courses for interactive learning and on-demand, self-paced options. You can learn at your own pace, whenever it suits you.
Can I work as an appraiser with an out-of-state license?
Yes, you can work as an appraiser in North Carolina without having to take additional classes or pass an exam so long as your former state’s requirements meet all the appraisal qualification criteria set up by the Appraisal Foundation.
You will just need to submit a letter of good standing from the appraiser licensing board of your former state, issued under seal within 30 days of the date you applied for your license in that state if you aren’t active on the Appraisal Subcommittee’s National Registry.
You also need to complete the Consent to Service of Process and Pleadings form and the Affidavit of Residency form if you aren’t a North Carolina resident.
Further, you need to either send a copy of your most recent criminal background check performed for whichever state where you are licensed, or obtain a background check from CastleBranch.
Your background check will need to be dated to within 60 days of your application . Mail these items to the Appraisal Board office for processing. After this, you will be issued a North Carolina appraisal license via mail.
Helpful resources:
North Carolina Appraiser License: Licensed Residential
Becoming a Licensed Residential Appraiser in North Carolina
A Licensed Residential Appraiser in North Carolina 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
Here are the steps you’ll need to complete:
Step 1: Complete 154 hours (75 hours on top of the 79 required to earn your trainee license) of qualifying education.
Step 2: Complete 1,000 hours of supervised appraisal experience in no less than six months.
Step 3: Apply for your State Licensed Residential Appraiser credential, including submitting proof of coursework completion and supervised experience and to sit for the National Uniform Licensing and Certification Exam.
Step 4: Pass the State Licensed Residential Appraiser exam of the National Uniform Certification and Licensing Exam.
North Carolina 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
Online Info
Required Education:
154 QE Hours.
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for North Carolina – 4 hours
Residential Market Analysis & 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.
Experience: 1,000 hours of acceptable appraisal experience in not less than 6 months.
College Education: No college-level education required.
Online Limitations
Roster
Governing Agency
North Carolina appraisal license FAQ
Once I have my North Carolina appraiser license, then what?
After becoming a licensed or certified appraiser, you will need to maintain your credential with Continuing Education (CE). In North Carolina, this means completing 28 hours of approved appraiser continuing education courses within your two-year license renewal period, including the 7-hour USPAP course.
What can I expect from the National Uniform Licensing & Certification Exam?
The exam takes 4 hours and is made up of 125 questions. You will need to earn a score of 75 to pass. If you don’t pass, you’re allowed to take the test again. However, if you fail your third attempt, you will need to take 15 hours of additional qualifying education before you can try the exam again.
North Carolina Appraiser License: Certified Residential
How to become a real estate appraiser in North Carolina: Certified Residential
In North Carolina, a Certified Residential Appraiser can assess any residential property with 1-4 units, regardless of its complexity or value. This includes evaluating vacant or unimproved land suitable for 1-4 family use.
To become a Certified Residential Appraiser in North Carolina, you need to follow these steps:
Step 1: 204 hours of required education (including trainee education).
Step 2: 1,500 of acceptable appraisal experience in a minimum of 12 months.
Step 3: Pass the National Uniform Licensing and Certification Exam for Certified Residential Appraisers.
You must also 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
North Carolina 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 – 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
- Statistics, Modeling or 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 – 30 hours.
Basic Appraisal Procedures – 30 hours.
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for North Carolina – 4 hours
Residential Market Analysis & 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.
Statistics, Modeling and Finance – 15 hours.
Advanced Residential Applications and Case Studies – 15 hours.
Appraisal Subject Matter Electives – 20 hours.
Experience: 1,500 hours in no fewer than 12 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
Roster
Governing Agency
Good to Know – FAQs to become a Certified Residential Appraiser in North Carolina
Why become a Certified Residential Appraiser in North Carolina
In North Carolina, Certified Residential Appraisers can evaluate different residential properties with up to four units, no matter how their price or complexity. This gives you more options for work and more opportunities to make money on your schedule.
How much do residential appraisers earn in North Carolina?
Salary will depend on many factors, including location and experience, but the average residential appraiser in North Carolina earns between $49,000 and $67,0001. The average base salary for an appraiser in North Carolina is $50,258 as of August 2024.
The cities offering the highest salaries in the state include:
- Raleigh-Durham ($113,525)
- Raleigh ($110,202)
- Charlotte ($70,667)
- Gastonia ($68,339)
- Ashville ($66,088)
- Hendersonville ($61,618)
If you earn your certified general or commercial appraisal license you could earn even more: the average salary for such appraisers in North Carolina ranges from $95,264 and $128,849.
North Carolina Appraiser License: Certified General
As a Certified General Appraiser in North Carolina, you’ll have no limits on the properties you can appraise. This includes single-family homes, multi-family units, farmland, industrial spaces, and commercial properties.
Here are the steps you’ll need to follow:
Step 1: Complete 304 total hours of required education, including trainee education.
Step 2: Accumulate 3,000 hours of acceptable appraisal experience within 18 months, with at least 1,500 hours in non-residential property.
Step 3: Pass the National Uniform Licensing and Certification Exam for Certified General Appraisers.
Don’t forget! You must hold a bachelor’s degree from an accredited college or university to be a Certified General Appraiser in North Carolina.
North Carolina Certified General Appraiser (304 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
- 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 – 30 hours.
Basic Appraisal Procedures – 30 hours.
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for North Carolina – 4 hours
General Appraiser Market Analysis & Highest and Best Use – 30 hours.
General Appraiser Site Valuation and Cost Approach – 30 hours.
General Appraiser Sales Comparison Approach – 30 hours.
General Appraiser Report Writing and Case Studies – 30 hours.
Statistics, Modeling and Finance – 15 hours.
General Appraiser Income Approach – 60 hours.
Appraisal Subject Matter Electives – 30 hours.
Experience: 3,000 hours of acceptable appraisal experience in no less than 18 months. A minimum of 1,500 hours of the required experience must be in non-residential appraisal work.
College Education: Must have a Bachelor’s degree or higher.
Online Limitations
Roster
Governing Agency
Good To Know- Frequently asked questions to become a Certified General Appraiser in North Carolina
Do I need a college degree to be a Certified General Appraiser?
Yes, you do! A bachelor’s degree from an accredited college or university is required to become a Certified General Appraiser in North Carolina.
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