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  Virginia State Requirements for Appraisers Printer Friendly Version
 

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Virginia Real Estate Appraiser Board to obtain and maintain an appraisal license. The information provided below can be found on the Board's website. However, we recommend you contact the Real Estate Appraiser Board for more detailed information about the requirements for obtaining a real estate appraiser license.

 
Real Estate Appraiser State Requirements

Appraiser Trainee:

  Successfully complete 75 hours of Board-approved courses. Course must include 15 hours of the Uniform Standards of Professional Appraisal Practice (USPAP).
  Pass the school exam.
  Pass the state exam. Contact PSI to make scheduling arrangements. The examination fee is $80.00.
  Submit application, $96.00 fee, trainee verification form and verification of educational requirements.
  Appraiser Trainees must work under the supervision of a senior appraiser to obtain experience.
Licensed Residential Appraiser: 
  Successfully complete 150 hours of Board-approved courses. Course must include 15 hours of the Uniform Standards of Professional Appraisal Practice (USPAP). These hours may include the hours required for the appraiser trainee.
  Pass the school exam.
  Obtain a minimum of 2,000 hours appraisal experience under supervision of senior appraiser in no fewer than 12 months.
  Submit application, $191.00 fee, log and verification of educational requirements. You will receive notification from the board upon approval of your application.
  Pass the state exam with at least a 75%. Contact PSI to make scheduling arrangements. The examination fee is $80.00, please be sure to review the candidate handbook for further information.
Certified Residential Appraiser:
  Successfully complete 200 hours of Board-approved courses. Course must include 15 hours of the Uniform Standards of Professional Appraisal Practice (USPAP). These hours may include the hours required for the appraiser trainee or licensed appraiser.
  Pass the school exam.
  Have an Associates degree or higher or provide transcripts that meet equivalent education requirement in lieu of degree..
  Obtain a minimum of 2,500 hours appraisal experience in no fewer than 24 months under supervision of senior appraiser.
  Submit application, $191.00 fee, log and verification of educational requirements. You will receive notification from the board upon approval of your application.
  Pass the state exam with at least a 75%. Contact PSI to make scheduling arrangements. The examination fee is $80.00, please be sure to review the candidate handbook for further information.
Certified General Appraiser:
  Successfully complete 300 hours of Board-approved courses. Course must include 15 hours of the Uniform Standards of Professional Appraisal Practice (USPAP). These hours may include the hours required for the appraiser trainee, licensed appraiser or certified residential appraiser. In addition all applicants for certified general must complete an advanced level appraisal course of at least 30 hours in the appraisal of non residential properties
  Pass the school exam.
  Have a Bachelors degree or higher or provide transcripts that meet equivalent education requirement in lieu of degree.
  Obtain a minimum of 3,000 hours appraisal experience in no fewer than 30 months, at least 50% (1,500 hours) must be in nonresidential appraisal assignments which demonstrate the use and understanding of income approach, under supervision of senior appraiser.
  Submit application, $191.00 fee, log and verification of educational requirements. You will receive notification from the board upon approval of your application.
  Pass the state exam with at least a 75%. Contact PSI to make scheduling arrangements. The examination fee is $80.00, please be sure to review the candidate handbook for further information.
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Continuing Education Requirements
  All appraisers must complete 28 hours of CE every 2 year renewal period, 7 hours must be a 7 hour USPAP update course.
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