Effective February 3, 2019, the New Mexico Real Estate Appraisers Board has changed their regulations for appraisal licensing and continuing education. New Mexico appraisers are now allowed to take all of their appraisal education online, including licensing, CE, and trainee courses. The new regulations also ease the minimum requirements for college education and experience hours—in accordance with last year’s AQB changes. This is great news for active New Mexico appraisers and prospective appraisers alike.
Online appraisal education available at all levels
It doesn’t matter where you’re at in your appraisal career. Whether you’re looking to become a trainee, earn your appraisal license, upgrade your license, or fulfill your ongoing CE requirements, you can now take all your appraisal courses online in New Mexico.
Before the new changes took effect, the state allowed only 14 hours of continuing education to be completed online. Now New Mexico appraisers can take all of their 28 CE hours online—at their own pace, from the comfort of their own home. View online CE courses in your state.
AQB changes to appraiser qualification criteria
In February of last year, the Appraiser Qualifications Board (AQB) approved changes to the Real Property Appraiser Qualification Criteria , which went into effect on May 1, 2018. As of February 3, 2019, New Mexico has adopted AQB changes regarding minimum requirements for college education and experience hours. These eased regulations may help attract new blood to the industry, in New Mexico as well as in other states that have adopted the changes.
Are there any other changes to be aware of?
If you are a New Mexico appraiser on the continuing education track, you will be happy to hear that the requirement for a jurisprudence exam/fee has been removed.
McKissock is your appraisal wingman. Whether you’re just getting started or a seasoned pro, we offer the online classes, live classes, and professional development you need to achieve success in your appraisal career.