How Long Does It Take to Become an Appraiser?
If you are considering a career in the appraisal field, you may be curious about how long it takes to get licensed and start earning an income as a real estate appraiser. The exact answer will vary due to a number of factors, including what state you live in. Here is some information to help answer the frequently asked question, “How long does it take to become an appraiser?”
How long does it take to get licensed?
It depends on a number of factors, including the credential level you are seeking and your state’s specific requirements. Some states allow you to obtain a Licensed Residential Appraiser credential after 6 months of experience. In other states, it takes longer. Some states require 12 months of experience before you can apply for this credential.
Education and exam requirements that may add time onto the process as well. For example, it might take you several months to complete the 150 education hours you need to qualify for a Licensed Residential Appraiser credential. Plus, once you get your education and experience completed and submit to the state to sit for the exam, it might take the state several weeks to approve the application, and it might take another several weeks for you to schedule and pass the exam.
Checking your state’s appraisal licensing website to research your state’s requirements is a good first step. In the meantime, here’s a breakdown of the national requirements for the various license levels.
Real property appraiser qualification criteria
Can I work in the industry while earning my license?
Yes. Many appraisers start out as an appraisal assistant or office assistant. This is a great way to get your foot in the door and start learning the business. As soon as you’ve completed the 75 hours of basic appraisal education required to become a Trainee Appraiser, you can apply for a trainee job and begin working under a supervising appraiser. This is how you’ll complete the experience hours you need to become a licensed appraiser.
Is there any way to speed up the process?
Yes. Online appraisal licensing classes allow you to complete your qualifying education requirements at your own pace, and on your own schedule. Online coursework can often be completed more quickly compared to taking in-person classes, so this is a great option if you’re eager to begin your appraisal career as soon as possible.