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Earn Your Real Estate Appraisal License!

LIBOR Offers Real Estate Appraisal Licensing and Appraisal Continuing Education Courses through Hondros College — ONLINE!

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. Real Property appraisers can choose specialties to practice within such as residential, commercial and agricultural.
  • Personal Property appraisal, which encompasses all types of personal property such as fine and decorative arts, antiques, gems and jewelry and machinery and equipment.
  • Business Valuation which is the valuing of businesses including all tangible and intangible assets ranging from the value of the equipment to the value of the business name or logo.
  • Mass Appraisal which encompasses techniques that are used when valuing multiple types of real property or personal property using general recognized formulas.

While most appraisers choose to specialize in just one area of practice, many appraisers practice in more than one discipline.

The Appraiser Qualifications Board (AQB) of The Appraisal Foundation recommends the following minimum criteria for assistant, state licensed and state certified real property appraisers.

Appraiser Assistant License

Experience: No Experience Required

Education: 150 hours

  • Basic Appraisal Principles (30 hours)
  • Basic Appraisal Procedures (30 hours)
  • National USPAP Course or its equivalent (15 hours)
  • Residential Market Analysis and Highest and Best Use (15 hours)
  • Residential Appraiser Site Valuation and Cost Approach (15 hours)
  • Residential Report Writing and Case Studies (15 Hours)
  • Residential Sales Comparison and Income Approach (30 hours)

Exam Required: No

College: No

State Licensed Residential
Real Estate Appraiser

Experience: 2000 hours

Education: 150 hours

  • Basic Appraisal Principles (30 hours)
  • Basic Appraisal Procedures (30 hours)
  • National USPAP Course or its equivalent (15 hours)
  • Residential Market Analysis and Highest and Best Use (15 hours)
  • Residential Appraiser Site Valuation and Cost Approach (15 hours)
  • Residential Report Writing and Case Studies (15 Hours)
  • Residential Sales Comparison and Income Approach (30 hours)

Exam Required: Yes

College: Associate Degree (or higher)

State Certified Residential
Real Estate Appraiser

Experience: 2500 hours

Education: 200 hours

  • Basic Appraisal Principles (30 hours)
  • Basic Appraisal Procedures (30 hours)
  • National USPAP 15 hours (15 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 Approach (30 hours)
  • Res. Report Writing and Case Studies (15 hours)
  • Statistics, Modeling and Finance (15 hours)
  • Advanced Residential Applications and Case Studies (15 hours)
  • Introduction to Residential Income Properties (20 hours) OR Fair Housing, Fair Lending and Environmental Issues (20 hours)

Exam Required: Yes

College: Bachelor’s Degree (or higher)

State Certified General
Real Estate Appraiser

Experience: 3000 hours

Education: 300 hours

  • Basic Appraisal Principles (30 hours)
  • Basic Appraisal Procedures (30 hours)
  • National USPAP (15 hours)
  • Gen. Market Analysis and Highest/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 (30 hours)
  • Fair Housing, Fair Lending and Environmental Issues (15 hours)
  • Specialty Appraisals (15 hours) OR Using the HP12C Financial Calculator (15 hours)


Exam Required
: Yes

College: Bachelor’s Degree (or higher)

Click Here for Pricing and to Register

Continuing Education Requirements for Appraiser License Renewal

  • Appraisal licenses expire two years from the date of issuance
  • All appraisers must complete 28 hours of continuing education appraiser classes within the two-year cycle
  • 7 hours must cover the USPAP Update course or its equivalent

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Helpful Links to NY Department of State Appraisal Licensing Requirements and FAQs

NY Department of State Contact Center

Hondros College Technical Support

  • 1-866-455-3278
Monday - Friday: 9:00 AM - 9:00 PM
Saturday: 10:00 AM - 3:00 PM