How to Get a Vermont Real Estate Appraiser License

The Vermont Board of Appraisers have identified three levels of real property appraisal classification:

• Licensed Real Estate Appraiser
• Certified Residential Real Estate Appraiser
• Certified General Real Estate Appraiser

Current Vermont Real Estate Appraiser License Requirements

The Vermont Board of Real Estate Appraisers has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:

Licensed Real Estate Appraiser

• 150 hours of education which must include the 15-hour Uniform Standards of Professional Appraisal Practice Course
• 2,000 hours experience
• Pass the state-licensing exam
• College-level requirements: None

• 200 hours of education (may include 90 hrs above) which must include the 15-hour Uniform Standards of Professional Appraisal Practice Course
• 2,500 hours of appraisal experience obtained during no fewer than 24 months
• Pass the state-licensing exam
• 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.

• 300 hours of education (may include 90 hrs noted above) which must include the 15-hour Uniform Standards of Professional Appraisal Practice Course
• 3,000 hours of appraisal experience obtained during no fewer than 30 months (1,500 or more must be in non-residential appraisals)
• Pass the state-licensing exam
• 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.

Vermont Appraisal Regulatory Agency

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.