How do I get an appraisal license in Arizona?
Arizona Certified General Appraiser
- Basic Requirements:Must be 18 years or older and submit a completed application.
- Training Requirements: 3,000 hours of experience in no fewer than 18 months.
- Education Requirements: Must have a Bachelor’s degree or higher; 300 hours of qualifying education courses.
Who regulates real estate appraisers in Arizona?
Arizona Board of Appraisal
State Appraisal Regulatory Agencies
| AL | Alabama Real Estate Appraisers Board | 334-242-8747 |
|---|---|---|
| AZ | Arizona Board of Appraisal | 602-542-1539 |
| AR | Arkansas Appraiser Licensing & Certification Board | 501-296-1843 |
| CA | Bureau of Real Estate Appraisers | 916-552-9000 |
| CO | Colorado Board of Real Estate Appraisers | 303-894-2166 |
How much do home appraisers make in AZ?
The average salary for a real estate appraiser is $59,756 per year in Arizona.
How long does it take to become a real estate appraiser in Arizona?
Successful completion of the Appraiser Qualifications Board endorsed Uniform State Licensed Real Property Appraiser Examination or its equivalent. Two thousand hours of appraisal experience is required in not less than 18 months.
What is the difference between a certified appraiser and a licensed appraiser?
A certified residential appraiser can legally appraise a building with up to four dwelling units, regardless of the value of the property or its complexity. A licensed residential appraiser is limited to appraising less valuable and less complex properties.
Who holds appraiser accountable?
Appraisers are accountable to this appraisal board, which is usually appointed by the governor or another high-ranking officials within the state.
What are the levels of appraisers?
What are the Different Levels of Real Estate Appraisers?
- Level 1 – Appraisal Trainee.
- Level 2 – Licensed Residential Appraiser.
- Level 3 – Certified Residential Appraiser.
- Level 4 – Certified General Appraiser.
Can a borrower sue an appraiser?
“Residential appraisers or small commercial appraisers could be sued for professional negligence. ‘ If you’re appraising for a home loan, the lender will be the client and the intended user, and that is the only party that should be able to sue.” Learn more about appraiser liability.
Can an appraisal be challenged?
An appraisal dispute involves challenging the value of a home as determined by an appraiser. In order to challenge an appraisal, you must have good reason to believe that the appraisal was wrong. Once you’re empowered with this information, submit a reconsideration of value request to your lender.