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Home » Business » Real Estate » Real Estate Appraisal » Real Estate Appraisal Certification

Real Estate Appraisal Certification

Posted on June 2, 2024June 2, 2024 by Jim Peterson
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Educational Requirements for Appraisal Certification

Becoming a certified real estate appraiser requires a combination of education, experience, and examination. The educational prerequisites vary based on the certification level desired: Trainee, Licensed Residential, Certified Residential, or Certified General. All aspiring appraisers must complete a set of core courses that cover basic appraisal principles, procedures, and ethics. For instance, topics typically include real estate law, types of property valuation, and fundamentals of residential and commercial property appraisal.

In California, additional state-specific requirements apply, reflecting local real estate laws and valuation techniques specific to the region’s diverse property types. Candidates must successfully complete courses accredited by the Appraiser Qualifications Board (AQB) and often need additional hours of specialized education depending on their desired level of certification.

After fulfilling these educational requirements, candidates in California and other states must also complete a certain number of hours of supervised practical experience before they are eligible to sit for the certification exam. Continuing education is mandatory for maintaining certification, ensuring that appraisers stay up-to-date with industry changes and standards.

1. What does becoming a certified real estate appraiser require?

A) Education and examination only
B) Experience and examination only
C) Education, experience, and examination
D) Education, experience, examination and physical fitness

2. Which of the following is NOT a certification level for real estate appraisers?

A) Licensed Residential
B) Certified Residential
C) Certified General
D) Authorized Intermediate

3. What are the core topics typically included in the basic course for aspiring appraisers?

A) Real estate law, property valuation types, and appraisal fundamentals
B) Property acquisition, valuation techniques, and ethics
C) Professional ethics, property rights, and mortgage laws
D) State-building codes, property rights, and valuation techniques

4. Which board accredits the courses that candidates for appraiser certification must complete?

A) Board of Real Estate Education
B) Appraiser Qualifications Board
C) Board of Property Valuation
D) Real Estate Law Board

5. What additional requirement do candidates for appraiser certification in California and other states have after their education?

A) Completing a physical fitness test.
B) Obtaining a master’s degree in real estate.
C) Completing a certain number of hours of supervised practical experience.
D) Gaining 10 years of experience in real estate sales.

6. Why is continual education necessary for certified appraisers?

A) To fulfill annual credit requirements.
B) To stay current with industry changes and standards.
C) To increase their salary.
D) To shift their specialty area.

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