Will any of the experience requirements be changing in 2008?

In the new Criteria, the State Licensed classification will require the 2,000 hours of experience to be obtained in no less than twelve months. The experience requirements for the Certified Residential and Certified General classifications will remain as they are today.

there any restrictions on how “old” the experience can be?

Yes, effective January 1, 2008, experience for all classifications must be obtained after January 30, 1 989 and must be USPAP compliant.

In searching for an appraiser to train me, are there any qualifications that I should be looking for?

Yes, effective January 1, 2008, a supervising appraiser must be either a Certified Residential or Certified General appraiser in good standing and not subject to any disciplinary action within the last two years that affect the supervising appraiser’s legal eligibility to practice appraisal.

In addition, as of January 1, 2008, supervising appraisers will be limited to supervising a maximum of three (3) trainees at one time, unless the state appraiser regulatory agency provides For progress monitoring, supervising certified appraiser qualifications, and supervision and oversight requirements For supervising appraisers.

Candidates should be sure to check with their respective state appraiser regulatory agencies to determine if there are any additional restrictions or considerations.

Is there a way that I can obtain experience other than by serving in an apprenticeship capacity with an appraiser?

Yes, the Real Property Appraiser Qualification Criteria allows candidates to accumulate up to 50% of the total experience required for a credential by completing case studies or practicum courses approved through the AQB Course Approval Program.

Course content includes, but is not limited to: requiring the student to practice credible appraisals that utilize an actual subject property; performing market research containing sales analysis; and applying and reporting the applicable appraisal approaches in conformity with USPAP. Assignments must require actual problem solving skills for a variety of property types for the credential category.