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Master the Valuation of Properties

Licensed Appraiser


Required Basic Appraisal Principles - R5
Courses: Basic Appraisal Procedures - R6
  Residential Market Analysis & Highest & Best Use - R7
  Residential Appraisal Site Valuation & Cost Approach - R8
  Residential Sales Comparison & Income Approach - R9
Residential Report Writing & Case Studies - R10
National USPAP
Schedule: Brooklyn, Queens
 

Authorization: Allows an individual to appraise real property consisting of 1-4 residential units with a transaction value under $1,000,000, and real property units with a transaction value of less than $250,000.

Experience Criterion: 2,000 hours of experience over a period of not less than 24 months is required, 75% (1,500 hours) of which must be from appraisals of residential properties listed on the Appraisal Experience Report.

Educational Requirements: Complete the required 150 hours of class then take the State exam.

 

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