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Appraisal Licensure Requirements

Licensure/Certification Process in Ohio

There are four classifications for appraisers in Ohio:

The four classifications are tiered, meaning that each level builds on the knowledge and experience of the latter, and each has specific requirements. To obtain any of the classifications candidates must obtain the specific requirements and pass a test offered by the state of Ohio. The requirements consist of classroom education and practical experience. (Very little of the classroom education and none of the experience can be gained at Ohio State University.)

For the specific requirements of each classification, and to see what is available at Ohio State, click on any of the classifications above.

There are numerous resources offered by the Division of Real Estate and Professional Licensing in the Ohio Department of Commerce and by the Appraisal Foundation. These resources include where candidates can obtain classroom education, further explanation of requirements and general guidance through the process.

The Division of Real Estate and Professional Licensing is the best place to begin. They can be very helpful and you can get a live person when you call. Their website has an abundance of info including testing info. The Appraisal Foundation also has an abundance of info on their website, but the info is much more general and geared towards enhancing a career, not beginning one.

Division of Real Estate and Professional Licensing
Ohio Department of Commerce

http://www.com.ohio.gov/real/
614-466-4100
77 South High Street, 20th Floor
Columbus, OH 43215
WebReal@com.state.oh.us

Appraisal Foundation
www.AppraisalFoundation.org
202-347-7722
1155 15th Street NW, Suite 1111
Washington, DC 20005

Certification Requirements

Bullet Appraiser Assistant Requirements

An Appraiser Assistant is the starting point for folks who are looking to enter the appraisal profession. There is a minimal amount of education required and there is no experience requirement. However, to take the test to become an Appraiser Assistant candidates must be sponsored by an Ohio appraiser (either State-Licensed or State-Certified.)

To find a list of registered appraisers in Ohio go to http://www.com.ohio.gov/real/asclookup.aspx and follow the instructions.

For the Appraiser Candidate Information Bulletin (specific requirements) created by the state go to http://www.com.ohio.gov/real/AppMain.aspx.

 

Requirements to obtain the license:

Education:

  • Fair Housing Course
  • 15 Hours of USPAP
  • 30 Hours of Basic Appraisal Procedures
  • 30 Hours of Basic Appraisal Principles

Experience:

None. However, Appraiser Assistant candidates must be sponsored by an Ohio appraiser (either State-Licensed or State-Certified.)

Bullet State-Licensed Residential Requirements

A State-Licensed Residential Real Estate Appraiser is any person licensed to appraise non-complex 1-4 unit single-family residential real estate having a transaction value of less than one million dollars and complex 1-4 unit of single-family residential real estate having a transaction value of less than two hundred fifty thousand dollars.

For the Appraiser Candidate Information Bulletin (specific requirements) created by the state go to http://www.com.ohio.gov/real/AppMain.aspx.

 

Requirements to obtain the license:

Education:

  • 150 classroom hours of instruction in the required core curriculum
  • 1 (at least) course devoted exclusively to federal, state, and municipal fair housing law presented by an institution of higher education
  • 15 hours towards the completion of the national uniform standards of professional appraisal practice course or its equivalent. (Equivalency shall be determined by the appraiser qualifications board approval program or by an alternate method established by the appraiser qualifications board.)
  • 30 hours of instruction in basic appraisal principles
  • 30 hours of instruction in basic appraisal procedures
  • 15 hours of instruction in residential market analysis and highest and best use
  • 15 hours of instruction in residential appraiser site valuation and cost approach
  • 30 hours of instruction in residential sales comparison and income approaches
  • 15 hours of instruction in residential report writing and case studies

Experience:

  • 2,000 experience hours in no less than 24 months preceding application. Experience must be achieved under the supervision of a licensed or certified appraiser who has been in good standing with the state for at least two years before becoming a supervisor and at all times during the supervision period. Up to 25% of the experience requirement may instead be completed through an AQB-approved practicum course or a state approved mentorship program.

Bullet State-Certified Residential Requirements

A State-Certified Residential Real Estate Appraiser is any person certified to appraise 1-4 unit single-family residential real estate without regard to transaction value or complexity.

For the Appraiser Candidate Information Bulletin (specific requirements) created by the state go to http://www.com.ohio.gov/real/AppMain.aspx.

 

Requirements to obtain the license

Education:

(1) Associate Degree or higher. In lieu of required degree, twenty-one semesters credit hours covering the following subjects: English Composition, Principles of Economics (Micro OR Macro), Finance, Algebra, Geometry or higher mathematics, Statistics, Computer Science, Business Law or Real Estate Law.

(2) 200 classroom hours of instruction in the required core curriculum

  • 1 (at least) course devoted exclusively to federal, state, and municipal fair housing law presented by  an institution of higher education
  • 15 hours towards the completion of the national uniform standards of professional appraisal practice course or its equivalent. (Equivalency shall be determined by the appraiser qualifications board approval program or by an alternate method established by the appraiser qualifications board
  • 30 hours of instruction in basic appraisal principles
  • 30 hours of instruction in basic appraisal procedures
  • 15 hours of instruction in residential appraiser market analysis and highest and best use
  • 15 hours of instruction in residential appraiser site valuation and cost approach
  • 30 hours of instruction in residential sales comparison and income approaches
  • 15 hours of instruction in residential report writing and case studies
  • 15 hours of instruction in statistics, modeling and finance
  • 15 hours of instruction in advanced residential applications and case studies
  • 20 hours of instruction in appraisal subject matter electives

Experience:

  • 2,500 experience hours in no less than 24 months preceding application Experience must be achieved under the supervision of a certified appraiser who has been in good standing with the state for at least two years before becoming a supervisor and at all times during the supervision period. Up to 25% of the experience requirement may instead be completed through an AQB-approved practicum course or a state-approved mentorship program.

Bullet State-Certified General Requirements

A State-Certified General Real Estate Appraiser is any person certified to appraise all types of real property (i.e., agricultural, commercial, industrial, residential).

For the Appraiser Candidate Information Bulletin (specific requirements) created by the state go to http://www.com.ohio.gov/real/AppMain.aspx.

 

Requirements to obtain the license:

Education:

(1) Bachelor’s degree or higher. In lieu of required degree, 30 semesters credit hours covering the following subjects: English Composition, Principles of Economics (Micro AND Macro), Finance, Algebra, Geometry or higher mathematics, Statistics, Computer Science, Business Law or Real Estate Law. Two elective courses in accounting, geography, agricultural economics, business management or Real Estate.

(2) 300 classroom hours of instruction in the required core curriculum

  • 1 (at least) course devoted exclusively to federal, state, and municipal fair housing law presented by  an institution of higher education
  • 15 hours towards the completion of the national uniform standards of professional appraisal practice course or its equivalent. (Equivalency shall be determined by the appraiser qualifications board approval program or by an alternate method established by the appraiser qualifications board.)
  • 30 hours of instruction in basic appraisal principles
  • 30 hours of instruction in basic appraisal procedures
  • 30 hours of instruction in general appraiser market analysis and highest and best use
  • 15 hours of instruction in statistics, modeling and finance
  • 30 hours of instruction in general appraiser sales comparison approach
  • 30 hours of instruction in general appraiser site valuation and cost approach
  • 60 hours of instruction in general appraiser income approach
  • 30 hours of instruction in general appraiser report writing and case studies
  • 30 hours of instruction in appraisal subject matter electives

Experience:

  • 3,000 experience hours in no less than 30 months preceding application, at least 50 percent of which is completed in connection with the appraisal of real estate other than residential consisting of one to four units. Experience must be achieved under the supervision of a certified appraiser who has been in good standing with the state for at least two years before becoming a supervisor and at all times during the supervision period, and whose certificate is within the scope of appraisal work being performed. Up to 25 percent of the experience requirement may instead be completed through an AQB-approved practicum.