Real Estate Appraiser

Exam

State exam

Education

Specific course

Experience

Not reported

Background check

Required

<p>Real Estate Appraisers appraise improved or unimproved real property to determine value for purchase, sale, investment, mortgage, or loan purposes. Develop a written appraisal, giving an opinion of the value of a property by applying knowledge of relevant market information (location, depreciation, value of similar property, income potential, etc.). There are four classes of appraiser: Apprentice Appraiser; Licensed Residential Appraiser; Certified Residential Appraiser, and Certified General Appraiser.</p> <p><strong>Legislation:</strong>&nbsp;NH RSA 310-B; Administrative Rules Chapter Rab 100-500</p> <p><strong>Licensure or Certification Requirements:</strong></p> <ul> <li>The requirements listed below are based on administrative rule changes effective January 1, 2015. All requirements are subject to change.</li> </ul> <ul> <li>Apprentice Appraiser</li> <ul> <li>Submit application and application fee</li> <li>Complete a minimum of 75 hours of qualifying coursework within the five-year period prior to the date of application submission. A specific list of approved courses can be found in Rab 302.9 (d).</li> <li>All qualifying education must be taken in a classroom setting</li> <li>Must take an Apprentice Trainee course</li> <li>The supervisory appraiser must take a Supervisor course</li> <li>Must be supervised by a New Hampshire certified appraiser in good standing for the preceeding three years in any jurisdiction in which he/she holds licensure or certification, with a minimum of three years as a certified appraiser, with whom the apprentice may gain experience hours</li> <li>Provide an affidavit signed by the apprentice's supervisor and notarized</li> <li>The apprentice must maintain an on-going log of experience hours, which must be signed by the apprentice's supervisor on a monthly basis</li> <li>Submit a notarized criminal history record release form for fingerprinting</li> </ul> </ul> <ul> <li>Licensed Residential Appraiser</li> <ul> <li>Submit applicati