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hi rolf katenka with Brightwood real.estate education how do you become a.licensed residential appraiser.well the appraisal institute recognizes.four levels of appraisal licensing now.these might be called slightly different.things in your state but there are.essentially four levels there's the.appraiser trainee.the licensed residential real property.appraiser if you're watching this video.that's most likely the one that you want.to become with more training and more.education than more exams you can become.a certified residential appraiser and.also a certified general real property.appraiser so for different levels so to.become a licensed residential appraiser.you must complete education you must.gain experience kind of field hours and.pass exams once you become a licensed.residential appraiser you're allowed to.come to a praise non-complex one to four.unit residential properties with a value.of less than $1,000,000 or complex one.to four unit residential properties less.than two hundred and fifty thousand.dollars now what is complex and non.complex a complex property is a property.building or form of ownership that's not.typical it's different than the norm it.might have zero lot lines or some kind.of weird construction or zoning issues.or you know different some kind of.complex and weird ownership or something.like that.here are four steps to become a licensed.residential appraiser step one education.that's where Brightwood real estate.education comes in that's what we do.that's why we're here so to become.licensed first you complete and pass.final exams for 75 hours of basic.appraisal education this includes a 30.hour basic appraisal principles course.it's about real estate and principles of.value followed by 30 hours both of.what's called basic appraisal procedures.kind of more the how-to the three.approaches to value and then 15 hours of.the universal standards of professional.Appraisal Practice.the acronym is use path this is a how.definitions they they kind of a.standardized the definitions the rules.the standards of ethical practice for.the industry now depending on your state.of practice you may need to complete an.exam to become a trainee appraiser then.once you've got that 75 hours done you.complete and pass final exams for.another 75 hours of additional appraisal.training and depending on the state.you're in you might be also out in the.field gaining field experience so you're.working and going to school at the same.time so this additional 75 hours.includes 15 hours of residential market.analysis and highest and best use.analysis 15 hours of residential.appraiser site valuation and cost.approach 30 hours of residential sales.comparison approach and income.approaches and then 15 hours of.residential report writing and case.studies so you can see you're learning.the practices you're learning the how.to's and you're out there gaining field.experience now some states are going to.require some prerequisites such as a.4-year degree or otherwise you're going.to want to make sure that you check with.your state because every state's gonna.have slightly different requirements of.what's required to become a residential.appraiser step 2 experience once you've.completed the first 75 hours of required.training like I mentioned you may.receive a designation which allows you.to start working it's going to be state.specific all right depending on your.state this designation may be called a.trainee what I've been calling it other.states will call it an apprentice.appraiser or registered appraiser or.your state may may not have a formal.training appraiser level of Licensing.again it depends upon the state in which.you want to practice so to do that you.have to locate a certified appraiser in.your area to work for while you gain.that expres will experience both you and.your supervising appraiser manager must.keep a log of your work they log your.time working this log will be reviewed.by your state regulatory.body when you apply for your license now.both you and that manager must complete.an approved supervisor trainee course.before you can begin logging hours.continue to complete your state's.experience requirements effective May.1st 2018 some states require you to.complete a thousand hours of experience.in no less than six months to obtain.that license check with your state to.see what the experience requirements are.where you want to practice so step 3.pass the exam take and pass the.appraisal qualifications board the aqb.approved license residential real.property appraiser exam so you've done.the training part you've got all the.education done you got your experience.you take the exam all licensing.education and experience must be.completed before taking this national.exam get that exam behind you step 4.apply for that license once you've.completed that education you experience.hours and the exam and the results are.documented you can submit your.application to the state in which you.want to practice hey thanks for watching.and best of luck on becoming a licensed.real estate appraiser.

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