The requirements an individual must meet in order to become a state licensed or certified real property appraiser will significantly increase. Whether you are someone considering becoming an appraiser, an appraiser seeking a different state credential, a provider of appraisal education, or a state appraiser regulator, these changes will impact you.

While the effective date of the new Real Property Appraiser Qualification Criteria is a couple of years in the future, the impact of the new Criteria on certain individuals will occur as early as 2005. This is due to a number of reasons, one of which is the amount of experience an individual needs in order to become an appraiser (up to 30 months for the Certified General classification). Another reason certain individuals could be impacted by the new Criteria as early as 2005 is that some states may choose to implement the new Criteria prior to 2008.

If you are a state appraiser regulator, you need to be aware of the implementation options available to your state and the consequences of each option.

If you are an educational provider, you need to be aware of the changes in educational requirements that appraisers will have to meet, some of which include an increase in classroom hours and more specific subject content.

And if you are considering becoming an appraiser or seeking a different state appraiser credential, you need to be aware of the new criteria requirements and how your state will be implementing the new requirements.