Loading...

Upgrade Your Maryland Real Estate Appraiser License

Move from a MD trainee to a licensed appraiser with AQB-approved online appraisal courses

Course Search
Choose the Maryland online appraisal courses that are right for you

All individual Maryland appraisal courses are online, AQB-approved and conveniently available anytime, anywhere.

Residential Sales Comparison and Income Approaches

Format | Online Self-Paced

Credit Hours | 30

Category | Upgrade License

SKU | 558MD019001

$349.00
More Info

More Info

Get an understanding of the fundamental concepts of appraising with this online appraisal course. It guides you through the different data that needs to be collected and reviewed during the appraisal process. This course explains how to use sales comparison grids and how to search for public comparable sales data in a computerized database. You'll learn the process and steps in the income appoach. Completion of Basic Appraisal Principles and Basic Appraisal Procedures courses are a prerequisite for this course. This course fulfills 30 hrs of the Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

Select a Class to add to your cart

Residential Report Writing and Case Studies

Format | Online Self-Paced

Credit Hours | 15

Category | Upgrade License

SKU | 558MD013001

$199.00
More Info

More Info

Want to produce professional, thorough appraisal reports? Then this appraisal course is for you! You'll get a crash-course on the numerous writing exercises needed to be a successful appraiser. This online course covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. With is hands-on course, you'll retain information better as you complete the exercises, including: compiling of competent and practical narrative comments to be included in appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports.

Select a Class to add to your cart

Maryland Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Maryland Commission of Real Estate Appraisers, Appraisal Management Companies and Home Inspectors. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.

Maryland Appraisal Licensure Levels:

  • Appraiser Trainee 
  • Licensed Real Estate Appraiser
  • Certified Residential Real Estate Appraiser
  • Certified General Real Estate Appraiser

Maryland Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Must meet the educational requirement for the applying level of licensure
  • Must meet the experience requirement for the applying level of licensure
  • For Certified Residential level:  A minimum of an Associates Degree OR 21 college semester hours in specific subject matters is also required
  • For Certified General level:  A minimum of a Bachelors Degree OR 30 college semester hours in specific subject matters is also required
  • Satisfactory completion of the state examination (Trainees are not required to take a state exam)
  • Submit application, required documents, and associated fees

Maryland Appraisal Education Requirements:

  • 75 hours for the Appraiser Trainee which consist of the following courses:  Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
  • 150 hours for the Licensed Real Estate Appraiser which include the same hour requirement as the Trainee level AND:  Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
  • 200 Hours for the Certified Residential Real Estate Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND:  Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
  • 300 hours for the Certified General Real Estate Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND:  Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours) 

Experience Requirements:

  • Appraiser Trainee – No experience requirement
  • Licensed Real Estate Appraiser – 2000 hours in no less than 24 months
  • Certified Residential Real Estate Appraiser – 2500 hours in not less than 24 months
  • Certified General Real Estate Appraiser – 3000 hours in not less than 30 months with at least 1500 hours of experience in nonresidential appraisals 
  • All real estate appraiser licenses are valid for three years commencing on the effective date that appears on the license 
  • Licensees are required to complete 42 hours of continuing education during each renewal period 
  • All licensees must take the 7 hour USPAP Update course at least once every two years 

Stay up to date

with access to the latest courses, discounts, insights and much more!

 

We do NOT share your information with third parties.

        
                         
        
© 2020 Mbition LLC | All rights reserved.