Iowa Appraisal License Information

• Associate Appraiser
• Certified Residential Real Property Appraiser
• Certified General Real Property Appraiser

• At least 75 hours of appraisal education and training, including 15 hours of ethics and standards of practice.
• No appraisal experience is required.
• College-level requirements: None

• Candidates must complete 200 hours
• Including 15-hours USPAP
• You must accumulate a total of 2500 hours of appraisal experience in a minimum of two calendar years.
• College-level requirements: Associate degree or higher. In lieu of the required degree, 21 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law.

• Candidates must complete 300 hours
• Including 15-hours USPAP
• You must accumulate a total of 3000 hours of appraisal experience with at least 50% (1500 hours) in the nonresidential area in a minimum of 30 months.
• College-level requirements: Bachelors degree or higher. In lieu of the required degree, 31 semester credit hours covering the following subject matter courses: English Composition; Principles of Economics (Micro or Macro); Finance; Algebra, Geometry or higher mathematics; Statistics; Computer Science; and Business or Real Estate Law; and 2 elective courses in accounting, geography, ag-economics, business management, or real estate.

IMPORTANT: For detailed information on understanding the 2008 Real Property Appraiser Qualification Criteria, please follow this link to the Appraisal Foundation.

Beginning January 1, 2015, the AQB has made significant changes to appraisal qualifications. It is possible that some states may choose to implement the changes sooner, so be sure to check with your state regulator.

Several important changes are outlined below, with complete details available in this AQB publication: http://www.asisvcs.com/publications/pdf/220913.pdf

IMPORTANT CHANGE: Increased College Degree Requirements

Implications: After 1/1/15, you must hold a bachelor's degree to obtain the Certified Residential license level or beyond. If you achieve this license level prior to 1/1/15, you will be grandfathered under the old regulations.

IMPORTANT CHANGE: Experience Hours are Required BEFORE taking the licensing exam.

Implications: For the Licensed, Certified Residential and Certified General license levels, the required experience must be completed prior to taking the licensing exam. If you intend to upgrade your license prior to the 1/1/15 rules change, you need to be sure that you have enough time to complete your experience hours.