|
Course Info |
Appraiser
Assistant License |
Certified
Residential
|
Certified
General |
|
Appraiser
General Course Information |
|
Appraiser courses
at NYREI help you get the following
licenses
|
When: Click above to see schedule
of classes
Cost:
Prices vary from $250 to $395 per
course
Discount Package 6 classes for $1800
(Normal price $2070)
Discount Package 6 classes Plus
USPAP for $2000 (Normal price $2365) |
What is an
appraiser?
4 Types
of Appraisers
How do
I become an appraiser?
What
skills are required?
Levels
of Licensure?
D.O.S F.A.Q
Appraisal Foundation
Real Estate Appraiser Walk-In
Examination |
|
What is an
appraiser?
An
appraiser
is
one
who
develops
and
reports
an
opinion
of
value
on a
specific
type
of
property.
Appraisers
may
opt
to
specialize
in
various
disciplines
such
as:
- Real Property appraisal, which is the valuation of real estate. Real Property appraisers can choose specialties to practice within such as residential, commercial and agricultural.
- Personal Property appraisal, which encompasses all types of personal property such as fine and decorative arts, antiques, gems and jewelry and machinery and equipment.
- Business Valuation which is the valuing of businesses including all tangible and intangible assets ranging from the value of the equipment to the value of the business name or logo
- Mass Appraisal which encompasses techniques that are used when valuing multiple types of real property or personal property using general recognized formulas.
While
most
appraisers
choose
to
specialize
in
just
one
area
of
practice,
many
appraisers
practice
in
more
than
one
discipline.
The Appraiser
Qualifications Board
(AQB) of The
Appraisal Foundation
recommends the
following minimum
criteria for state
licensed/certified
real property
appraisers:
For
specific questions
about the
requirements , you
will need to contact
the state appraisal
board. Click on the
following link to
get state specific
information:
Appraisal Foundation
State Directory |
|
-
Categories of
Appraisers
1. Appraiser Assistant
License/Trainee Real
Property Appraiser –
This classification requires
the trainee to work under
the direct supervision of a
certified or licensed real
property appraiser. The
scope of practice for the
appraiser trainee
classification is the
appraisal of those
properties, which the
supervising appraiser is
permitted to appraise.
- 1.1 The “Appraiser
Assistant License/Trainee
Real Property Appraiser” –
no experience required.
Applicant must provide proof
of 150 classroom hours
appraisal education
completed during last ten
years, including 15 hours of
the Uniform Standards of
Professional Appraisal
Practice during last two
years. Trainee’s appraisal
experience must be under the
direct supervision of a
Licensed or Certified Real
Property appraiser. If the
Trainee plans to use these
experience points as part of
the experience needed for
licensure, the work must be
included in the Trainee’s
assignment log, and the
appraisal report must be
signed by the supervising
appraiser.
2. Certified Residential
(NYS Certified Residential
real estate Appraiser)-able
to appraise residential
property of 1-4 units,
without regard to
transaction value or
complexity:
Certified Residential Real
Property Appraiser – This
classification refers to
those individuals
licensed by the Board as
being qualified to perform
federally-related
residential real estate
appraisals on 1 to 4 unit
residential properties
without regard to the
complexity or dollar amount.
These appraisers are also
permitted to appraise
non-residential properties
having a transaction
value of $250,000 or less.
The Certified Residential
Real Property Appraiser is
authorized to give a
“certified appraisal” on a
federally-related
transaction in accordance
with FIRREA requirements.
-
3.1 The
“Certified Residential Real
Property Appraiser” –
Applicant must have been an
appraiser in two of the last
five calendar years, with a
minimum of 250 points of
actual appraisal experience,
which represents
approximately 2500 hours.
Applicant must provide proof
of satisfactory completion
of at least 200 in-class
hours appraisal related
courses taken during last
ten years, that includes a
15-hour Uniform Standards of
Professional Appraisal
Practice course taken during
the last two years.
3.Certified General
(NYS Certified General real
estate Appraiser)-able to
appraise all types of real
property:
-
- Certified General Real
Property Appraiser – This
classification shall consist
of those persons
certified by the Board as
qualified to perform
appraisals on all types of
real estate, regardless of
complexity or transaction
value. This classification
allows the appraiser to give
a “certified
appraisal” on a
federally-related
transaction in accordance
with FIRREA requirements.
EDUCATION AND EXPERIENCE
REQUIREMENTS
|
