How to Become an Appraiser in Oklahoma
Are you interested in starting a career as a real estate appraiser? If you’re already a licensed appraiser, are you ready to take your career to the next level? Review the state requirements below to learn how to become an appraiser in Oklahoma or how to upgrade your credential. Rely on McKissock Learning for the appraisal courses and professional development resources you need to launch and grow your career.
Oklahoma Appraiser License: Trainee
How to become an appraiser in Oklahoma
If you want to become a real estate appraiser in Oklahoma, the first thing you’ll need to do is become a Trainee Appraiser. As a Trainee, you will gain on-the-job experience assessing properties under the guidance of a Certified Appraisal Supervisor.
Follow these steps to become a Trainee Appraiser in Oklahoma:
Step 1: Complete 79 hours of required appraisal qualifying education.
Step 2: Find a Certified Residential or Certified General Appraiser to act as your supervisor and mentor.
Step 3: Submit your application and background check to the Oklahoma Real Estate Appraiser Board.
Important: Double-check all requirements with the Oklahoma licensing board. Contact the Oklahoma Real Estate Appraiser Board at 405.521.6636 for more information.
Oklahoma Trainee Appraiser (79 hours) – AQB recommended course order
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 Oklahoma – 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
Rosters are sent by email each business day.
Governing Agency
FAQs about how to become an appraiser in Oklahoma
What does an Oklahoma real estate appraiser do?
Real estate appraisers estimate the value of a property by objectively evaluating factors such as the property’s square footage, condition, amenities, and features. They also research market information and comparable properties to help them develop an unbiased opinion of value. Finally, they compile a report detailing their findings. Appraisers spend some of their time in the office, and some of their time on the go visiting properties.
How much do appraisers make in Oklahoma?
According to Salary.com, most residential real estate appraisers in Oklahoma earn between $47,727 and $96,162 per year, and most commercial appraisers in Oklahoma earn between $41,903 and $127,278 per year.1-4 The Bureau of Labor Statistics lists the mean annual wage of Oklahoma property appraisers and assessors as $47,970.5 Glassdoor gives much higher numbers, listing the average salary of Oklahoma home appraisers as $115,527 and the average salary of Oklahoma commercial real estate appraisers as $93,061.6,7
Appraisal income is influenced by factors including license level, experience level, location, and advanced skills or certifications.
Should I get my Oklahoma appraiser license?
Launching an appraisal business in Oklahoma comes with low costs and little risk. Even during slow real estate periods, there’s a demand for appraisers to provide their services for tasks like estate planning and divorce settlements. This allows appraisers to buffer their income against possible downturns in the real estate market.
How long does it take to become an appraiser in Oklahoma?
You can get your Trainee Appraiser credential in Oklahoma at your own pace. Begin by completing 79 hours of education while teaming up with a Certified Residential or Certified General Appraiser for supervision. You can tackle both simultaneously to save time. Afterward, submit your application and undergo a background check for approval. Once you have that, you can work directly with your supervisory appraiser.
McKissock offers both livestream courses for interactive learning and on-demand options for those who like to learn at their own pace. Choose which learning format works best for you and your schedule.
Helpful resources:
- Oklahoma Licensing Information
- Guide: Is an Appraisal Career Right for You?
- FAQ: How to I find a supervisory appraiser?
- Appraisal Salary Guide
Sources cited:
- Appraiser (Residential Real Estate) Salary in Oklahoma (Salary.com)
- Appraiser Sr. (Residential Real Estate) Salary in Oklahoma (Salary.com)
- Appraiser I (Commercial Real Estate) Salary in Oklahoma (Salary.com)
- Appraiser IV (Commercial Real Estate) Salary in Oklahoma (Salary.com)
- Occupational Employment and Wage Statistics: Property Appraisers and Assessors (US Bureau of Labor Statistics)
- Residential Real Estate Appraiser Salaries in Oklahoma (Glassdoor)
- Commercial Real Estate Appraiser Salaries in Oklahoma (Glassdoor)
Oklahoma Appraiser License: State Licensed
How to become a State Licensed Appraiser in Oklahoma
In Oklahoma, a State Licensed Appraiser (sometimes called a home appraiser or Licensed Residential Appraiser) 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
Follow these steps to become a State Licensed Appraiser in Oklahoma:
Step 1: Complete 154 hours of required appraisal education (75 hours on top of what you earned to become a Trainee).
Step 2: Accumulate at least 1,000 hours of supervised appraisal experience in no fewer than 6 months.
Step 3: Pass the the National Uniform Licensing and Certification Exam for Licensed Residential Appraisers.
Step 4: Submit your licensing application to the Oklahoma Appraiser Board, including proof of coursework completion and supervised experience.
Important: Double-check all steps and requirements with the Oklahoma licensing board. Contact the Oklahoma Real Estate Appraiser Board at 405.521.6636 for more information.
Oklahoma State Licensed Appraiser (154 hours) – AQB recommended course order
Online Info
Required Education:
154 Hours.
Basic Appraisal Principles – 30 hours.
Basic Appraisal Procedures – 30 hours.
National USPAP Course or Equivalent – 15 hours
Supervisor/Trainee Course for Oklahoma – 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
Rosters are sent by email each business day.
Governing Agency
Frequently asked questions about your Oklahoma appraisal license
Do I need a college degree to become a State Licensed Appraiser in Oklahoma?
No. In the state of Oklahoma, you do not need any college level education to obtain the State Licensed Appraiser classification.
Once I have my Oklahoma appraiser license, then what?
After becoming a licensed or certified appraiser, you will need to maintain your credential with Continuing Education (CE). In Oklahoma, this means completing 42 hours of approved CE courses within your 3-year license renewal period, including the 7-hour USPAP course.
Helpful resources:
Oklahoma Appraiser License: Certified Residential
How to become a Certified Residential Appraiser in Oklahoma
In Oklahoma, a Certified Residential Appraiser can evaluate any residential property with 1-4 units, no matter its complexity or value. This includes assessing vacant or unimproved land suitable for 1-4 family use.
Follow these steps to become a Certified Residential Appraiser in Oklahoma:
Step 1: Complete 204 total hours of required appraisal education (includes your previous licensing education).
Step 2: Complete 1,500 of acceptable appraisal experience in no fewer than 12 months.
Step 3: Pass the National Uniform Licensing and Certification Exam for Certified Residential Appraisers.
Step 4: Submit your application to the Oklahoma Appraiser Board, including proof of coursework completion and supervised experience.
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 Business, Finance, Accounting, 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 level education is required for State Licensed Appraisers who have been licensed for a minimum of 5 years and have been in good standing for the past 5 years.
Important: Double-check all steps and requirements with the Oklahoma licensing board. Contact the Oklahoma Real Estate Appraiser Board at 405.521.6636 for more information.
Oklahoma Certified Residential Appraiser (204 hours) – AQB recommended course order
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 Oklahoma – 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 of acceptable appraisal experience in not less 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
Rosters are sent by email each business day.
Governing Agency
FAQs about becoming a Certified Residential Appraiser in Oklahoma
Why become a Certified Residential Appraiser in Oklahoma?
When you obtain your Certified Residential Appraiser credential in Oklahoma, you can appraise various residential properties with up to four units, with no limit to transaction value or complexity. This broadens your assignment choices, opening up more opportunities to earn. As a Certified Residential Appraiser, you can develop a niche specialty in luxury homes or other complex properties for which you can charge higher fees.
How much do Certified Residential Appraisers earn in Oklahoma?
While salary depends on a variety of factors, including location and experience, most upper-level residential real estate appraisers in Oklahoma earn between $66,144 and $96,162, according to Salary.com.1 Glassdoor gives a much higher number, listing the average salary of Oklahoma home appraisers as $115,527 per year.2
Helpful resources:
- Oklahoma Licensing Information
- Real Estate Appraiser Exam Prep
- Your Guide to an Appraisal License Upgrade
Sources cited:
Oklahoma Appraiser License: Certified General
How to become a Certified General Appraiser in Oklahoma
As a Certified General Appraiser (also called a commercial appraiser) in Oklahoma, you’ll have no exceptions or limits on the work you can do with your credential. You’ll be able to appraise all property types, including single-family homes, multi-family units, farmland, industrial spaces, and commercial properties.
Follow these steps to become a Certified General Appraiser in Oklahoma:
Step 1: Complete 304 total hours of required appraisal education (includes your previous licensing education).
Step 2: Accumulate 3,000 hours of acceptable appraisal experience in no fewer than 18 months, with at least 1,500 hours in non-residential property.
Step 3: Successfully pass the National Uniform Licensing and Certification Exam for Certified General Appraisers.
Step 4: Submit your application to the Oklahoma Appraiser Board, including proof of coursework completion and supervised experience.
You must also have a Bachelor’s degree from an accredited college or university.
Important: Double-check all steps and requirements with the Oklahoma licensing board. Contact the Oklahoma Real Estate Appraiser Board at 405.521.6636 for more information.
Oklahoma Certified General Appraiser (304 hours) – AQB recommended course order
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 Oklahoma – 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 of acceptable appraisal experience in not less 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
Rosters are sent by email each business day.
Governing Agency
FAQs about becoming a Certified General Appraiser in Oklahoma
Do I need a college degree to be a Certified General Appraiser?
Yes, a Bachelor’s degree from an accredited college or university is necessary to become a Certified General Appraiser in Oklahoma.
How much do Certified General Appraisers earn in Oklahoma?
While appraisal income varies based on factors like location and years of experience, most commercial appraisers in Oklahoma earn between $41,903 and $127,278, according to Salary.com.1,2 Glassdoor lists the average salary of Oklahoma commercial real estate appraisers as $93,061 per year.3