The first phase in the appraisal licensing process requires one to be an apprentice for 24 months and the second phase will include requirements of becoming a licensed appraiser. A total of 150 hours of classroom time is required.
At the Real Estate School for Success, our courses will satisfy all requirements for the apprentice level license and the regular license level. Should you desire to later upgrade to Certified Residential, an additional 200 hours of classroom training will be required as well as an Associate's Degree or at least 21 hours of specific college course work. The college coursework must be in: English Composition, Principles of Economics, Finance, Algebra/Geometry/or higher mathematics, Statistics, Introduction to Computers, Word Processing/Spreadsheets and Business or Real Estate Law.
Should you desire a upgrade to Certified General Appraiser, an additional 300 hours of classroom training will be required as well as a Bachelor's Degree or at least 30 hours of the following college coursework: English Composition, Principles of Economics (Micro or Macro), Finance, Algebra/Geometry/or Higher Mathematics, Statistics, Introduction to Computers, Word Processing/Spreadsheets and Business or Real Estate Law, Two Electives in Accounting, Geography, Agricultural Economics, Business Management or Real Estate.
Complete the first three courses (QE-1, QE-2, QE-3) and you will be able to start your apprenticeship! HP-12C calculator recommended.
30 hour course
Textbook required: Basic Appraisal Principles
Tuition: $330 + $45 textbook
Textbook required: Basic Appraisal Procedures
15 hour course
Standard textbook and student manual required
Tuition: $200 + $50 textbooks
Complete the next four courses (QE-4, QE-5, QE-6, QE-7) and you will be ready for the state exam and your appraisal license!
Textbook required: Market Analysis and Highest and Best Use
Tuition: $245 + $37.50 textbook
Textbook required: Residential Site Valuation and Cost Approach
Textbook required: Residential Sales Comparison & Income Approaches
Textbook required: Residential Report Writing
Textbook required: Statistics Modeling and Finance
Textbook required: Advance Residential Applications and Case Studies
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