Definition of a Certified Residential Appraiser:
The Certified Residential Appraiser may appraise 1-4 residential units without regard to transaction value or complexity. This classification does not include the appraisal of subdivisions.
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In order to upgrade from a Trainee to Certified you must complete the following clock hour courses before sitting for the state exam:
- Residential Market Analysis and Highest & Best Use 15 clock hours
- Residential Site Valuation and Cost Approach 15 clock hours
- Residential Sales Comparison and Income Approaches 30 clock hours
- Residential Report Writing and Case Studies 15 clock hours
- Real Estate Finance, Statistics, and Valuation Modeling 15 clock hours
- Advanced Residential Applications and Case Studies 15 clock hours
- (1) 20 clock hour, state approved elective
Requirements for renewing your Appraisal License are: 28 hours of continuing education, which must include the 7-hour 2020-2021 USPAP update.
MYKUT online Real Estate and Appraisal School
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Renewing your license
Taking the next step toward your certification
Becoming an Apprentice/Trainee
Certified Residential Appraiser
To find any of the required clock hour courses to upgrade your Appraisal level click button below.
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Licensed level Appraiser
*As of March 15, The Hondros Learning company (Fastclass) was purchased by the Colobri Group. The Colobri Group uses McKissock's Appraisal courses as there go to for all online learning. You will still be able to access your purchased FastClass course through the button above. Mykutonline appreciates your understanding.
Requirements for becoming a apprentice/trainee are as follows:
- Appraisal Principles 30-hours
- Appraisal Procedures 30-hours
- 2018-2019 15-hour USPAP
- Supervisor/Trainee Course 4-hours
Definition of a Licensed Appraiser:
The Licensed Residential Appraiser may appraise non-complex 1-4 residential units having a transaction value less than $1,000,000 and complex 1-4 residential units having a transaction value less than $250,000. This classification does not include the appraisal of subdivisions.
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In order to upgrade from a Trainee to a Licensed Appraiser, you must complete the following clock hour courses before sitting for the state exam:
- Residential Market Analysis and Highest & Best Use 15 clock hours
- Residential Site Valuation and Cost Approach 15 clock hours
- Residential Sales Comparison and Income Approaches 30 clock hours
- Residential Report Writing and Case Studies 15 clock hours