Getting Your Appraisal License

2019 Course Schedule. Online Courses Frequently asked question.

Manfred Real Estate Learning Center

The Leader in NYS Real Estate Training for over 30 years.

What is An Appraiser

According to The Appraisal Foundation, an appraiser is one who develops and reports an opinion of value on a specific type of property. Appraisers may opt to specialize in various disciplines such as: Real Property appraisal, which is the valuation of real estate.

An appraiser gives an estimate of the value of real estate property before it’s sold, taxed, mortgaged, insured, or developed. As an appraiser you will be creating reports with detailed overviews of the worth of the property. Appraiser will take photos, verify public records, interact with clients and do property comparisons. 

Appraisers spend a lot of their time in the field, visiting properties and assessing the value. Many appraisers work from a home office.  Appraisers often create their own schedules.  You can work full time or part time. 

The job prospects for people considering a career in real estate appraisal are strong. The industry is projected to have a higher than average growth in number of positions. Many existing appraisers are approaching the retirement age. There is a large need for new appraisers. If you are considering a career in real estate appraisal, then you can be confident that you are considering a career path with a strong job outlook.

How to Get your License in NYS?

The process of becoming an appraiser differs among the various appraisal disciplines.

A "State certified real estate appraiser" means a person who develops and communicates real estate appraisal and who holds a current, valid certificate issued to him or her for either general or residential real estate under the provisions of this article. "Appraisal" or "real estate appraisal" means an analysis, opinion or conclusion relating to the nature, quality, value or utility of specified interests in, or aspects of, identified real estate.


The NYS Board of Real Estate Appraisal certifies, licenses and registers real estate appraisers to perform real estate appraisals. You must start with the Appraiser Assistant License to obtain the experience hours that qualify you to take the exam for Licensed Residential, Certified Residential, and Certified General Appraiser licenses. Below is a chart for each appraisal discipline.


These courses can be completed online or in the classroom and are not required to be taken in sequential order. However, the Manfred Schools recommends you first complete Basic Appraisal Principles, we guarantee after completion of this course, you will know if this new career is right for you!

Role

Non-complex 1-4 family residential units valued under 1,000,000 or complex 1-4 family units valued under $250,000


Qualifications:

Assistant: none

Residential : College Education: Associates Degree or 30 Semester Hour Credits

State Exam: Yes - Valid for 24 months

Assistant: None

Residential: Experience Hours: 2000 hours in no less than 24 months

Training Hours: 150


Required Courses:

R5 - Basic Appraisal Principles - 30 hour

Supervisory/Training Course - 4 hour

R6 - Basic Appraisal Procedures - 30 hour

R7 - Residential Market Analysis and Highest and Best Use - 15 hour

R8 - Residential Site Valuation and Cost Approach - 15 hour

R9 - Residential Sales Comparison and Income Approach - 30 hour

R10 - Residential Report Writing and Care Studies - 15 hour

National USPAP Course - 15 hour


 

Role: 

Qualified to perform federally-related residential real estate appraisals on 1 to 4 unit residential properties without regard to the complexity or dollar amount. These appraisers are also permitted to appraise non-residential properties having a transaction value of $250,000 or less.


Qualifications: 

College Education: Bachelor's Degree

Federal Exam: Yes

Experience Hours: 2500 hrs in no less than 24 months

Training hours: 200


Required Courses: 

R5 - Basic Appraisal Principles - 30 hour

R6 - Basic Appraisal Procedures- 30 hour

R7 - Residential Market Analysis and Highest and Best Use- 15 hour

R8 - Residential Site Valuation and Cost Approach- 15 hours

R9 - Residential Sales Comparison and Income Approach- 30 hour

R10 - Residential Report Writing and Care Studies- 15 hour

R11 - Advanced Residential Report Writing and Case Studies

National USPAP Course - 15 hour

Statistics, Modeling, Finance - 15 hour

One of the following electives:

RE-1 - Introduction to Residential Income Properties- 20

RE-2 - Fair Housing, Fair Lending and Environmental Issues

Role:

Able to appraise all types of real property


Qualifications: 

College Education: Bachelors Degree

Federal Exam: Yes

Experience hours: 3000 hrs in no less than 30 months

Training hours: 300


Required Courses:

R5 - Basic Appraisal Principles - 30 hour

R6 - Basic Appraisal Procedures- 30 hour

National USPAP Course - 15 hour

Statistics, Modeling, Finance - 15 hour

G4 - General Market Analysis and Highest and Best Use - 30 hour

G5 - General Appraisal Sales Comparison Approach- 30 hour

G6 - General Appraisal Site Valuation and Cost Approach

G7 - Part 1 - General Appraisal Income Approach - 30 hour

G7 - Part 2 - General Appraisal Income Approach- 30 hour

G8 - General Appraisal Report Writing and Case Studies - 30 hour

GE-1 - Fair Housing, Fair Lending and Environmental Issues- 15 hour

One of the following electives:

GE-2 - Specialty Appraisals -15 hour

GE-3 - Using the HP12C Calculator -15 hour

Helpful Resources

NYS Department of State - FAQ - Real Estate Appraiser

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National Exam Information.

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