200 QE Hours.
15-hour Nat’l USPAP or Equivalent.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 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.
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.