Determine The Kind Of Appraiser You Want To Be
Two types of appraisers’ certification are available in Pennsylvania:
A certified residential appraiser is qualified to appraise properties of between 1 and 4 residential units of any value or complexity, including vacant or unimproved land that is used for – or for which the highest and best use is for – 1-to-4 family purposes. A certified residential appraiser CANNOT appraise a subdivision where a development analysis or appraisal is necessary.
A certified general appraiser is qualified to appraise all types of real property at any value.
Then, Complete The Necessary Additional Appraisal Courses
Once licensed appraiser trainees have completed the specified 79 hours of initial course work, and while obtaining required appraisal field experience, they simultaneously can continue to complete the remaining education necessary for certification.
To become as a certified residential appraiser, they will take a total of 204 classroom hours in the designated appraisal curriculum (below) outlined by the Appraisal Qualifications Board:
Basic Appraisal Principles, 30 hours;
Basic Appraisal Procedures, 30;
National USPAP Course, 15;
National Appraising for the Supervisor and Trainee, 4;
Residential Market Analysis and Highest-And-Best Use, 15;
Residential Site Valuation and Cost Approach, 15;
Residential Sales Comparison and Income Approaches, 30;
Residential Report Writing and Case Studies, 15;
Statistics, Modeling and Finance, 15;
Advanced Residential Applications and Case Studies, 15; and
Appraisal Subject Matter Electives, 20.
To become a certified general appraiser, 304 classroom hours:
Basic Appraisal Principles, 30 hours;
Basic Appraisal Procedures, 30;
National USPAP Course, 15;
National Appraising for the Supervisor and Trainee, 4;
Statistics, Modeling and Finance, 15;
General Market Analysis and Highest-And-Best Use, 30;
General Sales Comparison Approach, 30;
General Site Valuation and Cost Approach, 30;
General Income Approach, 60;
General Report Writing and Case Studies, 30; and
Appraisal Subject Matter Electives, 30.
Post-Secondary Education Requirements
The Appraiser Qualifications Board also has specified post-secondary education requirements for appraisal license candidates. Read them here (an Adobe Acrobat document will open in a separate window, and can be saved to your computer).
Articles in this series:
- The First Step Toward Certification
- The Basics On What Appraisers Do
- What Kind Of Appraiser Do You Want To Be?
- Gaining Field Work Experience
- Taking The Certification Exam
Last updated 20180702; photo from Google Images