Appraisers

License

Appraisers

The following list represents the requirements to obtain a State Registered or State Trainee appraiser classification:

  1. Must be at least 18 years of age.
  2. Must be a high school graduate or the holder of a certificate of equivalency.
  3. Must have successfully completed 90 hours of qualifying courses approved by the Board:
    • 30 hours of Basic Appraisal Principals
    • 30 hours of Basic Appraisal Procedures
    • 15 hours of Uniform Standards of Professional Appraisal Practice (USPAP)
    • 15 hours of Residential Report Writing and Case Studies
    • All applicants for the State Trainee classification must have also completed an AQB approved Supervisory/Trainee Course.  Applicants for the State Registered  classification are not required to complete the Supervisory/Trainee Course to obtain the classification; however, they will need to have completed the course prior to completing any supervised assignments that will be used to meet the experience requirements for obtaining a higher classification level.
  4. Submit the appropriate application and fee to GREAB.  (Application for State Registered Appraiser or Application for State Trainee Appraiser.)
  5. A copy of the applicant’s criminal history or Georgia Crime Information Center (GCIC) Report must accompany the application. If the report indicates any criminal conviction, additional documentation may be required.  See the application for details.

You will be required to renew the classification by the last day of your birth month in the calendar year following the calendar year in which you first became registered. For example, if you pay the $125.00 classification fee in November and your birthday is in February, you will pay a renewal fee in February.

All appraisers who hold an Active appraiser classification are required to complete 14 hours of Board approved continuing education during each renewal period. In every two consecutive renewal periods, every appraiser must complete an AQB approved 7-hour USPAP Update course (the 15 hour USPAP Course does not count as a substitute).

List of Approved Appraiser Schools.

The following list represents the requirements to obtain a State Licensed appraiser classification:

    1. Must be at least 18 years of age.
    2. Appraisers holding a valid GA State Trainee or State Registered classification may satisfy the educational requirements for State Licensed appraiser by completing the following additional educational hours:
      • Residential Market Analysis and Highest and Best Use – 15 Hours
      • Residential Appraiser Site Valuation and Cost Approach – 15 Hours
      • Residential Sales Comparison and Income Approaches – 30 Hours
    3. Be a High School graduate or the holder of general education developmental equivalency diploma.
    4. Upon the filing of an application for examination, an applicant must submit a detailed appraisal experience log on forms prescribed by the Board documenting at least 1,000 hours of real property appraisal experience, gained over a period of at least 6 months.
    5. Must pass the examination administered by PSI and approved by the Board.  For details on the examination process and application, review the Candidate Handbook.

You will be required to renew the classification by the last day of your birth month in the calendar year following the calendar year in which you first became registered. For example, if you pay the $125.00 classification fee in November and your birthday is in February, you will pay a renewal fee in February.

All appraisers who hold an active appraiser classification are required to complete 14 hours of Board approved continuing education during each renewal period. In every two consecutive renewal periods, every appraiser must complete an AQB approved 7 hour USPAP course (the 15 hour USPAP Course does not count as a substitute).

List of Approved Appraiser Schools.

 

Classification by Reciprocity / Non-resident Classification

Georgia offers classification by reciprocity to Licensed and Certified Appraisers from all states.

If you are currently a Licensed or Certified Appraiser in another state, you may be eligible to obtain a reciprocal classification without taking an examination. You must have obtained your classification by passing an examination in that state and your classification must be currently in good standing (not lapsed or expired)

If you meet these requirements, complete the Appraiser Reciprocal Application. Be sure to read the instructions carefully and include any required attachments.

The following list represents the requirements to obtain a Certified Residential appraiser classification:

  1. Must be at least 18 years of age.
  2. Appraisers holding a valid GA State Trainee or State Registered classification may satisfy the educational requirements for State Certified Residential appraiser by completing the following additional educational hours:
    • Residential Market Analysis and Highest and Best Use – 15 Hours
    • Residential Appraiser Site Valuation and Cost Approach – 15 Hours
    • Residential Sales Comparison and Income Approaches – 30 Hours
    • Statistics, Modeling and Finance – 15 Hours
    • Advanced Residential Applications and Case Studies – 15 Hours
    • Appraisal Subject Matter Electives – 20 Hours

    Appraisers holding a valid State Licensed classification may satisfy the educational requirements for State Certified Residential appraiser by completing the following additional educational hours:

    • Statistics, Modeling and Finance – 15 Hours
    • Advanced Residential Applications and Case Studies – 15 Hours
    • Appraisal Subject Matter Electives – 20 Hours
  3. Qualifying Education
    1. All college-level education must be obtained from a degree-granting institution by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the US Secretary of Education. Applicants with a college degree from a foreign country may have their education evaluated for “equivalency” by one of the following:
      1. An accredited, degree-granting domestic college or university;
      2. A foreign degree credential evaluation service company that is a member of the National Association of Credential Evaluation Services (NACES); or
      3. A foreign degree credential evaluation service company that provides equivalency evaluation reports accepted by an accredited degree-granting domestic college or university or by a state licensing board that issues credentials in another discipline.
    2. Applicants for the Certified Residential credential must satisfy at least one of the following five options:
      1. Possession of a Bachelor’s Degree in any field of study;
      2. Possession of an Associate’s Degree in a field of study related to:
        • Business Administration;
        • Accounting;
        • Finance;
        • Economics; or
        • Real Estate
      3. Successful completion of 30 semester hours of college-level courses that cover each of the following specific topic areas and hours:
        • English Composition (3 semester hours);
        • Microeconomics (3 semester hours);
        • Macroeconomics (3 semester hours);
        • Finance (3 semester hours);
        • Algebra, Geometry, or higher mathematics (3 semester hours);
        • Statistics (3 semester hours);
        • Computer Science (3 semester hours);
        • Business or Real Estate Law (3 semester hours); and
        • Two elective courses in any of the topics listed above or in accounting, geography, agricultural economics, business management, or real estate (3 semester hours each).
      4. Successful completion of at least 30 semester hours of College Level Examination Program® (CLEP®) examinations from each of the following subject matter areas:
        • College Algebra (3 semester hours);
        • College Composition (6 semester hours);
        • College Composition Modular (3 semester hours);
        • College Mathematics (6 semester hours);
        • Principles of Macroeconomics (3 semester hours);
        • Principles of Microeconomics (3 semester hours);
        • Introductory Business Law (3 semester hours); and
        • Information Systems (3 semester hours).
      5. Any combination of 3 and 4 above that ensures coverage of all topics and hours identified in 3.
    3. As an alternative to the requirements in Section 3B, above, individuals who have held a Licensed Residential credential for a minimum of five (5) years may qualify for a Certified Residential credential by satisfying all of the following:
      1. No record of any adverse, final, and non-appealable disciplinary action affecting the Licensed Residential appraiser’s legal eligibility to engage in appraisal practice within the five (5) years immediately preceding the date of application for a Certified Residential credential;
      2. Successful completion of the additional required qualifying education as specified in Section 2, above;
      3. Successful completion of the required experience as specified in Section 4 below; and
      4. Successful completion of the Certified Residential Real Property Appraiser examination as specified in Section 5, below.
  4. Upon the filing of an application for examination, an applicant must submit a detailed appraisal experience log on forms prescribed by the Board documenting at least 1,500 hours of real property appraisal experience, gained over a period of at least 12 months, of which at least 25% must be in complex one to four unit residential appraisal work.
  5. Must pass the examination administered by PSI and approved by the Board. For details on the examination process and application, review the Candidate Handbook.

You will be required to renew the classification by the last day of your birth month in the calendar year following the calendar year in which you first became registered. For example, if you pay the $125.00 classification fee in November and your birthday is in February, you will pay a renewal fee in February.

All appraisers who hold an active appraiser classification are required to complete 14 hours of Board approved continuing education during each renewal period. In every two consecutive renewal periods, every appraiser must complete an AQB approved 7 hour USPAP course (the 15 hour USPAP Course does not count as a substitute).

List of Approved Appraiser Schools.

 

Classification by Reciprocity / Non-resident Classification

Georgia offers classification by reciprocity to Licensed and Certified Appraisers from all states.

If you are currently a Licensed or Certified Appraiser in another state, you may be eligible to obtain a reciprocal classification without taking an examination. You must have obtained your classification by passing an examination in that state and your classification must be currently in good standing (not lapsed or expired)

If you meet these requirements, complete the Appraiser Reciprocal Application. Be sure to read the instructions carefully and include any required attachments.

The following list represents the requirements to obtain a Certified General appraiser classification:

  1. Must be at least 18 years of age.
  2. Appraisers holding a valid GA State Trainee or State Registered classification may satisfy the educational requirements for State Certified General appraiser by completing the following additional educational hours:
    • General Market Analysis and Highest and Best Use – 30 Hours
    • Statistics, Modeling and Finance – 15 Hours
    • General Appraiser Sales Comparison Approach – 30 Hours
    • General Appraiser Site Valuation and Cost Approach – 30 Hours
    • General Appraiser Income Approach – 60 Hours
    • General Appraiser Report Writing and Case Studies – 15 Hours
    • Appraisal Subject Matter Electives – 30 Hours

    Appraisers holding a valid State Licensed classification may satisfy the educational requirements for State Certified General appraiser by completing the following additional educational hours:

    • General Market Analysis and Highest and Best Use – 15 Hours
    • Statistics, Modeling and Finance – 15 Hours
    • General Appraiser Sales Comparison Approach – 15 Hours
    • General Appraiser Site Valuation and Cost Approach – 15 Hours
    • General Appraiser Income Approach – 60 Hours
    • General Appraiser Report Writing and Case Studies – 15 Hours
    • Appraisal Subject Matter Electives – 30 Hours

    Appraisers holding a valid GA State Certified Residential classification may satisfy the educational requirements for State Certified General appraiser by completing the following additional educational hours:

    • General Market Analysis and Highest and Best Use – 15 Hours
    • General Appraiser Sales Comparison Approach – 15 Hours
    • General Appraiser Site Valuation and Cost Approach – 15 Hours
    • General Appraiser Income Approach – 45 Hours
    • General Appraiser Report Writing and Case Studies – 15 Hours
  3. Must provide official transcript confirming a Bachelors degree or higher from an accredited college or university.
  4. Must pass the examination administered by PSI and approved by the Board. For details on the examination process and application, review the Candidate Handbook.
  5. Upon the filing of an application for examination, an applicant must submit a detailed appraisal experience log on forms prescribed by the Board documenting at least 3,000 hours of real property appraisal experience, gained over a period of at least 18 months, of which at least 50% must be in non-residential work.

You will be required to renew the classification by the last day of your birth month in the calendar year following the calendar year in which you first became registered. For example, if you pay the $125.00 classification fee in November and your birthday is in February, you will pay a renewal fee in February.

All appraisers who hold an active appraiser classification are required to complete 14 hours of Board approved continuing education during each renewal period. In every two consecutive renewal periods, every appraiser must complete an AQB approved 7 hour USPAP course (the 15 hour USPAP Course does not count as a substitute).

List of Approved Appraiser Schools.

 

Classification by Reciprocity / Non-resident Classification

Georgia offers classification by reciprocity to Licensed and Certified Appraisers from all states.

If you are currently a Licensed or Certified Appraiser in another state, you may be eligible to obtain a reciprocal classification without taking an examination. You must have obtained your classification by passing an examination in that state and your classification must be currently in good standing (not lapsed or expired)

If you meet these requirements, complete the Appraiser Reciprocal Application. Be sure to read the instructions carefully and include any required attachments.