The North Carolina Appraisal Board has identified three levels of real property appraisal classification:
- Registered Trainee
- Certified Residential Appraiser
- Certified General Appraiser
Current North Carolina Real Estate Appraiser License Requirements
The North Carolina Appraisal Board has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:
Registered Trainee
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- The 15-Hour National USPAP Course or its equivalent 15 Hours
- Residential Market Analysis & Highest & Best Use 15 Hours OR
- General Market Analysis & Highest & Best Use 30 Hours
- Total Trainee Education Requirements 90 Hours
Certified Residential - the following appraisal prelicensing courses plus an Associate's Degree or its equivalent.
*Note: As of January 1, 2015, a Bachelor's Degree will be required.
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- The 15-Hour National USPAP Course or its equivalent 15 Hours
- Residential Market Analysis & Highest & 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
- Statistics, Modeling and Finance 15 Hours
- Advanced Residential Applications and Case Studies 15 Hours
- Appraisal Subject Matter Electives 20 Hours (May include hours over minimum shown above in other modules)
- Total Certified Residential Education 200 Hours
2,500 hours worth of appraisals, and at least 2 years worth of experience.
Certified General - the following appraisal prelicensing courses plus a Bachelor's Degree or its equivalent.
- Basic Appraisal Principles 30 Hours
- Basic Appraisal Procedures 30 Hours
- The 15-Hour National USPAP Course or its equivalent 15 Hours
- General Appraiser Market Analysis and Highest and Best Use 30 Hours
- Statistics, Modeling and Finance 15 Hours
- General Appraiser Sales Comparison Approach 30 Hours
- General Appraiser Site Valuation and Cost Approach 30 Hours
- General Appraiser Income Approach 60 Hours
- General Appraiser Report Writing and Case Studies 30 Hours
- Appraisal Subject Matter Electives 30 Hours (May include hours over minimum shown above in other modules) Total Certified General Education 300 Hours
3,000 hours worth of appraisals, and at least 2 ½ years experience.
North Carolina Appraisal Regulatory Agency
North Carolina Appraisal Board
Donald T. Rodgers: Executive Director
5830 Six Forks Road
Raleigh , NC 27609
919-870-4854
Recent Changes to Real Property Appraiser Qualifications
Beginning January 1, 2015, the AQB has made significant changes to appraisal qualifications. 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 on this AQB publication:
Upcoming Changes to Real Property Appraiser Qualifications
Important Change: Increased College Degree Requirements
Implications: After January 1, 2015, you must hold a bachelor's degree to obtain the Certified Residential license level or beyond. If you achieve this license level prior to January 1, 2015, you will be grandfathered in 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 coursework must be completed prior to taking the licensing exam. If you intend to upgrade your license prior to the January 1, 2015 rules change, you need to be sure that you have enough time to complete your experience hours.