Opens more pathways into the profession
• Opens a new route to the Licensed Residential classification that does not
require finding a supervisor. Working through an AQB-approved entity, an
applicant qualifies by completing three appraisal reports on actual properties, as
a complete alternative to the supervised path.
o As one of the more significant changes proposed, this route is explained
more fully in the Appendix.
• Adds a new Practical Applications of Real Estate Appraisal (PAREA) pathway at
the Certified General classification. An applicant may prepare for the general
credential through an approved PAREA program rather than only under a
supervisor, which is an option already available at the residential levels.
Removes requirements that do not affect practice readiness
• Drops the requirement that an applicant for Certified Residential or Certified
General credential holds a college degree or completes specific college courses,
neither of which was found to directly measure readiness. In its place, a new
required course teaches analytic skills directly through appraisal instruction
rather than relying on a degree to stand in for them. A real estate–related degree
can still count toward qualifying education, however, and the Appendix explains
how.
• Drops the requirement to take elective courses as qualifying education for a
Certified Residential or Certified General appraiser. The education required to
earn those credentials is now made up entirely of specific courses chosen for the
skills an appraiser needs, rather than electives picked from a broad list.
• Removes the requirement that an applicant’s minimum required experience
hours be spread across a minimum number of months. An applicant who
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completes those hours sooner can qualify sooner, instead of waiting for a fixed
period. The number of hours, when required, is unchanged.
• Removes the requirement that a Trainee Appraiser’s coursework must have
been completed within the last five years, allowing earlier coursework to maintain
credit. This brings parity to the other classifications that do not have a set limit.
• Allows an applicant to take the national examination as soon as the qualifying
education is finished, while the material is still fresh, rather than waiting until all
other requirements have been met.
• Extends the validity period for a passing examination score from two years to
never expiring.
• Shortens the required course on valuation bias and fair housing to five hours,
down from eight, gives it a name that more accurately reflects everything it
covers; and makes the repeating continuing-education version optional rather
than required.
• For mass appraisal work in an assessment office that operates under USPAP
STANDARDS 5 and 6, the experience log no longer needs a signature of any
kind. The office’s structured oversight and the state’s verification stand in for it,
clearing a documentation barrier for people whose office has no supervising
appraiser available to sign.
• Drops the continuing-education requirement for the Trainee Appraiser
classification, an added burden at what is an entry-level, supervised stage.
Adds flexibility for candidates and credential holders
• Allows a State Appraiser Regulatory Agency to give a candidate or credential
holder extra time to meet a deadline when something outside their control gets in
the way, such as serious illness, military deployment, or a natural disaster. Each
state sets the terms.
• Brings the rules on credential recognition across states (reciprocity, temporary-
practice, and renewal provisions) together into one plainly written section and
encourages State Appraiser Regulatory Agencies to recognize the continuing
education an appraiser has already completed and had accepted in another
jurisdiction.
Clarifies provisions that have caused confusion
• Defines the Practicum, an instructor-led program in which a candidate earns
experience by completing USPAP-compliant appraisals on actual properties
under direct instructor oversight, so that it is no longer mistaken for a logged-
hours pathway. Because of how it was worded and where it sat in the Criteria,
many read it as requiring a log of hours. The draft makes clear that a Practicum’s
credit is set when the AQB or State Appraiser Regulatory Agency approves the
program.
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• The Licensed Residential classification's boundary, one-to-four residential work,
is unchanged. The change here is limited to standardizing the definition of
transaction value so that it matches the federal regulatory definition.
• Reorganizes the Supervisory Appraiser provisions, so they are easier to find and
follow, without adding any new requirements for supervisors. For example, a
state has always been able to approve a supervisor for more than three trainees,
but that allowance was easy to miss where it previously sat; it is now stated
plainly.
• Defines terms the Criteria has long used but never spelled out and updates the
Guide Notes, adding two (one on the Supervisory Appraiser role, one on how the
pathways combine) and retiring four that are no longer needed.
Closing
Taken together, these proposals open the profession to a larger and wider group of
qualified people and shorten the route to a credential. What they safeguard, above all, is
public trust: the assurance that a credentialed appraiser is minimally qualified.