• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

4 Year Degree Requirement For Cert Appraisers

Status
Not open for further replies.

Digger88

Elite Member
Joined
May 11, 2010
Professional Status
Certified Residential Appraiser
State
Virginia
does anyone think that will go away anytime in the next few years? my son has problems in typical school settings and i just dont see him doing well in college but he'd make a good appraiser as he has shown interest and come with me on a number of inspections and he said hed like to be an appraiser. hell just 3 appraisals a week is 70k! alternately ive only seen 1 company accept licensed appraisers and that was urban lending or red something (us bank's AMC) but they have probably changed by now anyway.
 

Elliott

Elite Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
The new AQB standard is about one year of college credit, 1500 hours of residential experience, and you are a Cert Res. I'm imagine the AMCs are gearing up as we speak to flood the market with $250 appraisers.
 

Digger88

Elite Member
Joined
May 11, 2010
Professional Status
Certified Residential Appraiser
State
Virginia
The new AQB standard is about one year of college credit, 1500 hours of residential experience, and you are a Cert Res. I'm imagine the AMCs are gearing up as we speak to flood the market with $250 appraisers.

really??? so they are ditching the bachelors degree requirement?

edit: just saw the video and yes they are looking to probably fix the 4 year degree requirement, nice!
 
Last edited:

Digger88

Elite Member
Joined
May 11, 2010
Professional Status
Certified Residential Appraiser
State
Virginia
Yes - at $450 a pop. But that fee probably isn't an accurate expectation for most newly licensed appraisers.

my clients pay 450 on up with some nipping me an AP fee but yea i hear ya. every place in different. i only have 4 clients but theyre solid so i think i should be able to get him on a list or two then in 5 years the VA panel.
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Residential was Associate Degree. General required Bachelors. They are watering that down.
 

TXTea

Sophomore Member
Joined
Aug 25, 2016
Professional Status
Certified General Appraiser
State
Texas
does anyone think that will go away anytime in the next few years?
I hear they're going to water it down. I am firmly against any relaxing of education requirements. This is a profession that requires a fundamental understanding of several major disciplines including economics, geometry and statistics, and a strong command of the English language. I just don't see how people can acquire these skills outside of a formal education. When I review appraisals, there is a clear and definite difference in the quality of analysis between a licensed and certified appraiser. The education requirement also serves as a useful and valuable barrier to entry for our industry.

Regarding your son, I would push him towards success. Have him start slow and easy in a junior college setting for a couple of years then wrap it up at a university. He'll thank you later. And we'll thank you for it too should he decide to become an appraiser.

Appraisers should respect the profession and reject any and all attempts at watering down the education requirements.
 

BRCJR

Elite Member
Gold Supporting Member
Joined
Sep 20, 2005
Professional Status
Licensed Appraiser
State
Virginia
I hear they're going to water it down. I am firmly against any relaxing of education requirements. This is a profession that requires a fundamental understanding of several major disciplines including economics, geometry and statistics, and a strong command of the English language. I just don't see how people can acquire these skills outside of a formal education. When I review appraisals, there is a clear and definite difference in the quality of analysis between a licensed and certified appraiser. The education requirement also serves as a useful and valuable barrier to entry for our industry.

Regarding your son, I would push him towards success. Have him start slow and easy in a junior college setting for a couple of years then wrap it up at a university. He'll thank you later. And we'll thank you for it too should he decide to become an appraiser.

Appraisers should respect the profession and reject any and all attempts at watering down the education requirements.
So are you assuming all the licensed folks have no degree and all certified do?
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks