CHANGES TO REAL PROPERTY APPRAISER QUALIFICATIONS
The Appraiser Qualifications Board of The Appraisal Foundation has adopted changes to the Real Property Appraiser Qualification Criteria. These changes will become effective on January 1st, 2015 and represent minimum national requirements that will be required beginning in 2015.
The most critical change that is taking place relates to the requirement that in order to reach the Certified Residential Appraiser license level a bachelor's degree will be required. Again, this is a minimum requirement. For the Trainee or Licensed Residential Appraiser classifications no degree is required, but college credit may be necessary.
Trainee Level - No college credit or degree required
License Residential Appraiser Level - 30 semester credit hours of college level education from an accredited college, junior college, community college or university OR an Associate's degree or higher (in any field).
Certified Residential Appraiser Level - Bachelor's degree or higher (in any field) from an accredited college or university.
Certified General Appraiser Level - Bachelor's degree or higher (in any field) from an accredited college or university.
Note: These new college education & degree requirements are in addition to the required training and education necessary to prepare for any examination. Find the education requirements for your state on our site here Online Real Estate Appraisal School.
SUPERVISEROY APPRAISER EDUCATION
Another change is the introduction of required supervisory appraiser education designed to orient the supervisor and trainee on the requirements and responsibilities of Supervisory Appraisers and the expectations placed on Trainee Appraisers. Supervisory appraisers will also be limited to having only three trainee appraisers at any given time.
Over the next few weeks VanEd will be posting our suggestions for those who are currently at the various license levels on how they can complete the requirements and advance their career in appraisal prior to the 2015 requirements taking effect. In the meantime, you can view all of the changes online using the link below.
The information is also posted online at http://www.asisvcs.com/publications/pdf/220913.pdf
Written and Published by: VanEd
