Pennsylvania Appraisal License Information |
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The Pennsylvania State Board of Certified Real Estate Appraisers has identified three levels of real property appraisal classification:
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Current Pennsylvania Appraiser License Requirements
Licensed Appraiser Trainee: At least 75 hours of appraisal education and training, including 15 hours of ethics and standards of practice, and passing the Registered Appraiser examination. College-level requirements: NoneCertified Residential Appraiser: At least 200 hours of appraisal education and training, including 15 hours of ethics and standards of practice; 2,500 hours (including 1,500 hours non-residential) of appraisal experience across at least 30 months; and passing the Level B licensing examination. 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. Certified General Appraiser: At least 300 hours of appraisal education and training, including 15 hours of ethics and standards of practice; 3,000 hours (including 1,500 hours non-residential) of appraisal experience across at least 30 months; and passing the Level C certification examination. 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. |
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UPCOMING CHANGES TO REAL PROPERTY APPRAISER QUALIFICATIONS
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. |
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State Regulatory Agency Pennsylvania State Board of Certified Real Estate Appraisers Daniel A. Bradley: Chairperson P.O. Box 2649 Harrisburg, PA 17105-2649 (717) 783-4866 Click for State Website |
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