This slide show will walk you through the Appraisal Qualifications Board (AQB) requirements for becoming a real estate appraiser and the newest - 2015 - changes to the requirements. For more information about becoming an appraiser and the appraiser profession, please visit howtobecomeanappraiser.com.

1. Appraiser
Requirements
Changes to the
rules

2. AQB stands for Appraiser Qualification Board.
It is an independent board of The Appraisal
Foundation and charged with establishing the
core minimum requirements to become an
appraiser.
What is the AQB?

3. Requirement Changes
On January 1, 2015, the requirements for becoming
an appraiser will become more stringent. Much of
the changes have to do with the educational
requirements involved in ascending to more
advanced categories of appraiser-ship.
This slideshow will outline these changes by first
discussing things that haven’t changed in order to
attain the different appraiser levels followed by the
requirements that have changed.

4.  Basic Appraisal
Principals – 30 hours
 Basic Appraisal
Procedures – 30 hours
 Uniform Standards of
Professional Appraisal
Practice (USPAP) – 15
hours
Trainee Requirements
Education

5. Trainee Experience
and Exams
Experience – There is no
prerequisite experience necessary
in becoming a Trainee Appraiser.
Examination – There is no
examination requirement for
becoming a Trainee Appraiser.
However, there are examinations
associated with each of the Core
Curriculum courses detailed above.

6. Licensed Residential Real
Estate Appraiser
Education
Requirements 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

7. Licensed Residential Real
Estate Appraiser
Experience – 2,000 hours of
experience are required for this
designation. These experience hours
must be completed in no fewer than 12
months.
Examination – There is an examination
required in order to obtain this level of
license. The only way to bypass this
exam is to qualify for and pass the
Certified Residential Appraiser or
Certified General Appraiser Exam
instead.

8. Licensed Residential Real
Estate Appraiser
30 semester credit
hours of college-level
education from an
accredited college,
junior college,
community college, or
university OR an
associated degree or
higher in any field.
•New requirement as of January 1, 2015

9. Certified Residential
Statistics, Modeling and
Finance – 15 Hours
Advanced Residential
Applications and Case
Studies - 15 Hours
Appraisal Subject Matter
Electives – 20 Hours
Education Requirements

10. Certified Residential
Experience and Examinations
Experience - 2,500 accumulated
hours of experience are required for
this designation. These experience
hours must be completed in no
fewer than 24 months.
Examination - There is an
examination required in order to
obtain this level of license. The only
way to bypass this exam is to qualify
for and pass the Certified General
Appraiser Exam instead.

11. Certified Residential
As of January 1, 2015, you will need a
bachelor’s degree or higher (in any
field) from an accredited college or
University.
Prior to this time, only 21 semester
hours in specified subject areas were
necessary.
Collegiate Coursework

12. Certified General
Education Requirements
General Appraiser Market
Analysis and Highest and Best Use -
15 Hours
General Appraiser Sales Comparison
Approach - 15 Hours
General Appraiser Site Valuation and
Cost Approach - 15 Hours
General Appraiser Income
Approach – 45 Hours
General Appraiser Report
Writing and Case Studies - 10 Hours

13. Certified General
Experience - 3,000 of
accumulated hours (1,500 hours in
non-residential appraisal work) of
experience are required for this
designation. These experience
hours must be completed in no
fewer than 30 months.
Examination - There is an
examination required in order to
obtain the Certified General
Appraiser designation. There is no
alternative to taking this exam.
Experience and Examinations

14. Certified General
Collegiate Coursework
As of January 1, 2015, you will need
a bachelor’s degree or higher (in
any field) from an accredited
college or University.
Prior to this time, only 30 semester
hours in specified subject areas
were necessary.

15. More AQB Changes
Education and experience must be completed prior to taking the AQB-approved
National Uniform Licensing and Certification Examination.
All candidates for a real property appraiser credential must undergo background
screening. State appraiser regulatory agencies are strongly encouraged to
perform background checks on existing credential holders as well.
Credit towards qualifying education requirements may be obtained via the
completion of a degree program in Real Estate from an accredited degree-
granting college or university provided the college or university has had its
curriculum reviewed and approved by the AQB.
States had the option to implement the 2008 Real Property Appraiser
Qualification Criteria via the “segmented approach.” This implementation option
will no longer be valid effective January 1, 2015.
States had the option to implement the 2008 Real Property Appraiser
Qualification Criteria via the “segmented approach.” This implementation option
will no longer be valid effective January 1, 2015.
A written, proctored examination is required for all qualifying education distance
course offerings. The term written refers to an examination that might be
written on paper or administered electronically on a computer
workstation or other device.
Added topics on green building (qualifying and continuing education), seller
concessions (qualifying and continuing education) and developing opinions of
real property value in appraisals that also include personal property and/or
business value (continuing education only).
National Uniform Licensing
and Certification Exams
Background Checks
College Degree Acceptance
and Core Curriculum
Requirements
Deletion of the Segmented
Approach to Criteria
Implementation
Restriction on Continuing
Education Course Offerings
Distance Education
Requirements
Revisions to Subtopics in
Guide Note 1 (GN-1) and
Continuing Education Topics

16. A Word From
Your Sponsor
The information for this slideshow was
assembled from various articles on my site and
information directly from The Appraisal
Foundation. If you like what you see and want to
learn more about becoming a real estate
appraiser, visit my site:
Howtobecomeanappraiser.com for a more in-
depth view of the appraisal profession. And while
you are at it, leave a comment and let us know
what you think or ask a question if you can’t find
the answer on the site. We’d love to hear from
you.
Images from freedigitalphotos.net and
Howtobecomeanappraiser.com