09-30-2016, 07:19 PM
My understanding is that Certified Residential Appraisers and Certified General Appraisers are required to hold a bachelor's degree (in any subject) in all 50 states at this point. I'm in PA, where there are only 3 levels recognized: Licensed Appraiser Trainee, Cert. Res., and Cert. Gen. The change was put into effect January 1, 2015, by the Appraisal Qualifications Board (AQB). Some states recognize a status between LAT and CR: Licensed Residential Appraiser. Since that option is not available in PA, my knowledge of it is limited, however, I understand it to be fairly limiting.
Meanwhile, the AQB has been floating an exposure draft which would alleviate the BD requirement for Cert. Res., but since I'm pursuing Cert. Gen., I will still need the degree. That's okay with me; the requirement finally got me off my duff. 39 credits to go!
Meanwhile, the AQB has been floating an exposure draft which would alleviate the BD requirement for Cert. Res., but since I'm pursuing Cert. Gen., I will still need the degree. That's okay with me; the requirement finally got me off my duff. 39 credits to go!