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Florida Licensing Requirements for Appraisers

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Florida Licensing Requirements for Appraisers

All applicant must be adults of at least 18 years of age and all must hold a high school diploma.

Steps to become a Registered Trainee Appraiser.
1- 100 classroom hours of board approve courses pertaining to REAB.
2- Submission of application, fees and fingerprint cards.
3- Submit a RE-2060-1 with employment information.
4- Complete a RE-2065-1 stating where one conducts the appraising.

Steps to become a Certified Residential Appraiser
1- 200 hours of board approve courses pertaining to REAB including 15 hours of the Uniform Standards of Professional Appraisal Practice.
2- Provide proof of higher education a 2 year associate degree or higher. An applicant can also provide 21 semester hours of English composition, Principles of economics, Finance, Algebra and economics.
3- Submission of application, fees and fingerprint cards.
4- A RE 2300 Form, stating that the applicant has 2500 hours of real property appraising over a period of 24 months.
5. Successful completion of the Residential National Exam.
6. Complete a RE-2065-1 stating where one conducts the appraising.

Steps to become a Certified General Appraiser
1- 300 hours of board approve courses pertaining to REAB including 15 hours of the Uniform Standards of Professional Appraisal Practice.
2- Provide proof of a 4 year bachelor degree or higher. An applicant can also provide 30 semester hours English composition, Micro and Macro economics, Finance, Algebra, Geometry, Statistics, Computer science, either Business law or Real State Law.
3- Submission of application, fees and fingerprint cards.
4- A RE 2300 Form with evidence of 3000 hours of property appraising over a 30 month period. 50% or more of this experience must be in nonresidential appraisal.
5- Successful completion of the Residential National Exam.
6-Complete a RE-2065-1 stating where one conducts the appraising.

Professional designations available to appraisers
MAI, SRA or SRPA designation requirements

The MAI membership
“Pass rigorous education requirements
Pass a final comprehensive examination
Submit specialized experience which must meet strict criteria
Receive credit for a demonstration appraisal report
Conduct his or her professional activities in accordance with the Appraisal Institute’s Code of Professional Ethics and are subject to a peer review process, which enforces the Code of Professional Ethics
Appraisal Institute MAI members are required to adhere to strict continuing education requirements to ensure they are up-to-date with the evolving real estate field”

The SRA Designation

1-Pass rigorous education requirements
2-“Submit residential experience which must meet strict criteria 3-Receive credit for a demonstration appraisal report
4-Conduct his or her professional activities in accordance with the Appraisal Institute’s 5-5-Code of Professional Ethics and are subject to a peer review process, which enforces the Code of Professional Ethics
6-Appraisal Institute SRA members are required to adhere to strict continuing education requirements to ensure they are up-to-date with the evolving real estate field.”

The SRPA Designation

1-“Pass rigorous education requirements
2-Received credit for real estate appraisal experience, at least half of which had to relate 3-to income-producing properties
4-Received credit for one income property demonstration appraisal report, which exhibited two forms of depreciation, physical incurable deterioration or either functional or external obsolescence
5-Conduct his or her professional activities in accordance with the Appraisal Institute’s 6-6-Code of Professional Ethics and are subject to a peer review process, which enforces the Code of Professional Ethics
7-Appraisal Institute SRPA members are required to adhere to strict continuing education requirements to ensure they are up-to-date with the evolving real estate field”

Bibliography
http://www.appraisalinstitute.org/designations/

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