How many hours of appraisal education must a Certified Residential Appraiser applicant have completed?

A Certified Residential Appraiser applicant must complete 200 hours of appraisal education. This requirement is established to ensure that applicants possess a comprehensive understanding of real estate principles, appraisal processes, and relevant laws and regulations. The education includes a combination of foundational and advanced appraisal courses, enhancing their analytical skills and capabilities in conducting residential property appraisals effectively.

This level of education is critical because it prepares appraisers to tackle complex appraisal assignments and make informed judgments regarding property value. It ensures they have the knowledge required to adhere to professional standards and practices, thus upholding the integrity of the appraisal profession.