The Appraiser Qualifications Board of The Appraisal Foundation establishes the minimum qualifications for real property appraisers in the United States. These qualifications can be found in the Real Property Appraiser Qualification Criteria.
Over the course of a number of meetings and after reviewing comments, the board recently changed the Real Property Appraiser Qualification Criteria. A summary of these changes, which are effective May 1, 2018, can be found Appraisal Foundation Website.
New Requirements for an Appraisal License as of May 1, 2018:
- An Associate’s degree (or similar college credit hours) is NO LONGER required for the Licensed Residential level
- A chart of six (6) options now clarifies the acceptable college credit requirements for the Certified Residential license level
Ed Note: The RPAQC Summary of Changes is linked above. Their infographic below can also be used to identify your path to the appraisal license level you are interested in obtaining. If you have questions, please contact us.