How to Earn or Upgrade Your Tennessee Appraiser License
If you want to own your own business in the real estate industry, learn how to become an appraiser and know how to meet the state requirements. Once you’re ready to get started, McKissock Learning provides the courses and support you need to help you achieve your goals on a timeline that works for you!
Tennessee Appraiser License: Registered Trainee
How to become an appraiser in Tennessee
Registered trainees can assess residential properties under the guidance of a licensed appraiser. Here are the steps to take:
Step 1: Complete 75 hours of qualifying education, plus the 4-hour Supervisor-Trainee course.
Step 2: Find a licensed appraiser to supervise you.
Step 3: Submit your application and background check.
What’s the Role of a Tennesee Real Estate Appraiser?
Real estate appraisers in Tennessee evaluate properties without bias to buyers or sellers, considering factors like size and condition. They also research local markets to determine insights from comparable properties and use their findings to draw up appraisal reports outlining the property’s value.
Tennessee Trainee Appraiser (79 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
Governing Agency
Good to Know: FAQs for how to become an appraiser in Tennessee
Should I get my Tennessee appraiser license?
Becoming an appraiser in Tennessee can be a great career move, whether you’re looking for a flexible schedule or want to own your own business. You’ll likely find a steady demand for appraisers, especially for tasks like estate planning or divorce settlements, even when the real estate market is slow. This allows freedom to manage your income and flexibility in your schedule.
How long does it take to become an appraiser in Tennessee?
Complete 79 hours of required education at your own pace and connect with a Supervisory Appraiser. Once you’ve completed these steps, just submit your application and go through a background check for approval.
To help, McKissock offers livestreaming courses for interactive learning and self-paced options that you can access whenever your schedule allows. It’s important to note that only Trainee classes may be taken online in Tennessee.
Helpful resources:
Tennessee Appraiser License: Licensed Residentia
Becoming a Licensed Residential Appraiser in Tennessee
A Licensed Residential Appraiser in Tennessee may 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
The following steps must be completed:
Step 1: 154 hours (an additional 75 hours to what you’ve earned as a trainee) of coursework.
Step 2: 1,000 hours of supervised appraisal experience in no less than six months.
Step 3: Apply for your State Licensed Appraiser credential, including submitting proof of coursework completion and supervised experience.
Step 4: Pass the State Licensed Appraiser exam of the National Uniform Certification and Licensing Exam.
Tennessee 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 (classroom only)
- Residential Appraiser Site Valuation and Cost Approach – 15 hours (classroom only)
- Residential Sales Comparison and Income Approaches – 30 hours (classroom only)
- Residential Report Writing and Case Studies – 15 hours (classroom only)
Frequently asked questions about your Tennessee appraisal license
Once I have my Tennessee appraiser license, then what?
After becoming a licensed or certified appraiser, you will need to maintain your credential with Continuing Education (CE). In Tennessee this means you must take 28 hours of approved appraiser continuing education courses within your two-year license renewal period, including the 7-hour USPAP course. These CE courses CAN be taken online.
Tennessee Appraiser License: Certified Residential
How to become a real estate appraiser in Tennessee: Certified Residential
Tennessee Certified Residential Appraisers evaluate any residential property with 1-4 units, no matter how complex or the transactional value. They also assess empty land fit for 1-4 family use.
To become a Certified Residential Appraiser in Tennessee complete the following:
Step 1: 204 hours of required education (including trainee education).
Step 2: 1,500 hours 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
Tennessee 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 (classroom only)
- Residential Appraiser Site Valuation and Cost Approach – 15 hours (classroom only)
- Residential Sales Comparison and Income Approaches – 30 hours (classroom only)
- Residential Report Writing and Case Studies – 15 hours (classroom only)
- Statistics, Modeling, and Finance – 15 hours (classroom only)
- Advanced Residential Applications and Case Studies – 15 hours (classroom only)
- Appraisal Subject Matter Electives 20 hours (classroom only)
Governing Agency
Good to Know – FAQs to become a Certified Residential Appraiser in Tennessee
Why become a Certified Residential Appraiser in Tennessee
A Certified Residential Appraiser in Tennessee can assess properties with up to four units, regardless of the price or complexity, allowing for more job opportunities and chances to earn income on your own schedule.
How much do residential appraisers earn in Tennessee?
Location and experience (as well as other factors), may impact salary, but the average residential appraiser in Tennessee earns between $58,000 and $65,0001.
Tennessee Appraiser License: Certified General
How to become a Certified General Appraiser in Tennessee
A Tennessee Certified General Appraiser can appraise any type of property, from single-family homes to commercial spaces. Here are the requirements:
Step 1: Complete 304 hours of required education, including trainee education.
Step 2: Gain 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.
Remember, you’ll need a bachelor’s degree from an accredited college or university to become a Certified General Appraiser in Tennessee.
Tennessee 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 (classroom only)
- Statistics, Modeling and Finance – 15 hours (classroom only)
- General Appraiser Site Valuation and Cost Approach – 30 hours (classroom only)
- General Appraiser Sales Comparison Approach – 30 hours (classroom only)
- General Appraiser Income Approach – 60 hours (classroom only)
- General Appraiser Report Writing and Case Studies – 30 hours (classroom only)
- Appraisal Subject Matter Electives – 30 hours (classroom only)
Governing Agency
Good To Know- Frequently asked questions to become a Certified General Appraiser in Tennessee
Do I need a college degree to be a Certified General Appraiser?
Yes, a bachelor’s degree from an accredited college or university is necesary to become a Certified General Appraiser in Tennessee.
How much do Certified General Appraisers earn in Tennessee?
Certified General Appraisers’ median salary in Tennessee is around $83,0002.
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