Home Appraisal FAQs - Appraisals What are the the required qualifications of an appraiser?
What are the the required qualifications of an appraiser?

Appraiser QualificationsThe minimum qualifications required of a real estate appraiser is to be licensed or certified by the state that they perform appraisals. Following is a list of the different license levels.

  • State Certified General Real Estate Appraiser (SCGREA) - permitted to perform commercial, farm, vacant land and residential appraisals.
  • Certified Residential Real Estate Appraiser (SCREA) - permitted to perform residential appraisals and complex residential appraisals.
  • State Licensed Residential Real Estate Appraiser (SLREA) - permitted to perform residential appraisals, non-complex in nature. Not permitted to supervise appraisers or trainees.
  • Appraiser Trainee Permit - must be under the direct supervision of a qualified certified appraiser. Limited in the work they are permitted to perform.

Considerations should also be considered when engaging the services of an appraiser, and should not be limited to the license or certification cited above. Here are a few other considerations that could be a good indicator of an appraisers qualifications.

Still have a questions?  Nexus Analytix™ can provide answers for your real estate appraisal questions. Please contact our offices at, Phone: (856) 985-0008 or by e-mail.

 

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