Becoming an Appraiser

How to become a State Registered (trainee) appraiser

Approved Education Providers and their courses

​Education and work experience required for each license type

Forms

 

To become State Registered: You must take these courses prior to receiving your State Registration

October 11th, Jonesboro (Farm Credit) Registration form:  This course is scheduled for October 11th, 2018 at the Farm Credit office in Jonesboro, AR.  It will take place at 3000 Prosperity Dr., Jonesboro, AR 72404.  We will be providing lunch.  We are limited in the number of people so please register early.  The cut off date for registration for this course will be October 4th, we must have your form and money in hand no later than that date, thank you!

December 6th, LIttle Rock, Registration Form:  This course is scheduled for December 6th, 2018 in the basement conference room at 101 E. Capitol in LIttle Rock, AR.  The cut off date for registration is November 29th, please submit your registrations on time, if not early, as the course will fill up quickly.

Required Education

USPAP (must be taken in person) 15 hrs
Basic Appraisal Principles 30 hrs
Basic Appraisal Procedures 30 hrs
Supervisor/Trainee Course (only allowed taken through the ALCB)

4 hrs

                                                                                                 Total 79 hrs


To become State Licensed:

Required Education

Residential Market Analysis & Highest and Best Use 15 hrs
Residential Appraiser Site Valuation & Cost Approach 15 hrs
Residential Sales Comparison & Income Approaches  30 hrs
Residential Report Writing & Case Studies 15 hrs
TOTAL 75 hrs

 

You must have completed 30 semester hours from an accredited college, junior college, community college or university.  Applicants holding an Associate degree or higher from an accredited college, junior college, community college or university satisfy the 30-hour college level education requirement.

 

Required Experience

Two thousand (2,000) hours of experience are required to be obtained in no fewer than twelve (12) months. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.

 

 

To become Certified Residential:

Required Education

Residential Market Analysis & Highest and Best Use

15 hrs

Residential Appraiser Site Valuation and Cost Approach

15 hrs

Residntial Sales Comparison and Income Approaches

30 hrs

Residential Report Writing & Case Studies

15 hrs

Statistics, Modeling and Finance

15 hrs

Advanced Residential Applications and Case Studies

15 hrs

Appraisal Subject Matter Electives

20 hrs

                                                                               Total  

125 hrs

 

You must have a Bachelor’s degree or higher from an accredited college or university.

 

Required Experience

Two thousand five hundred (2,500) hours of experience obtained during no fewer than twenty-four (24) months is required.  While the hours may be cumulative, the required number of months must accrue before an individual can be certified.

 

 

To become Certified General:

Required Education

General Appraiser Market Analysis and Highest and Best Use 30 hrs
Statistics, Modeling and Finance 15 hrs
General Appraiser Sales Comparison Approach 30 hrs
General Appraiser Site Valuation & Cost Approach 30 hrs
General Appraiser Income Approach 60 hrs
General Appraiser Report Writing & Case Studies 30 hrs
Appraiser Subject Matter Electives 30 hrs
                                                                                        Total 225 hrs

 

You must have a Bachelor’s degree or higher from an accredited college or university.

 

Required Experience

Three thousand (3,000) hours of experience obtained during no fewer than thirty (30) months is required, of which, one thousand five hundred (1,500) hours must be in non-residential appraisal work.  While the hours may be cumulative, the required number of months must accrue before an individual can be certified.

 

Forms