Real Estate Appraiser
Department of Inspections, Appeals, & Licensing Licensing Division
AboutReal estate appraisers provide an independent opinion of value. A person who is not a certified real estate appraiser may appraise real estate for compensation if certification is not required by federal or state law. Certified appraisers are required for all federally related transactions or where federal or state law, rule or policy require a certified appraiser. Code Citation Code of Iowa, Chapter 543D, IAC 193F Who Applies Any individual interested in offering real estate appraisal services. When To Apply Before services are provided. Initial Requirements Associate Appraisers: 1) Background Check (completed within past 180 days); 2) Procurement of a Supervisor; 3) 75 hours of Qualifying Education (specific coursework)(taken within past 5 years); 4) 4 hour Supervisor/Trainee Course; 5) Registration Application. Upgrade to Certified Residential Appraiser: 1) An active associate appraiser status for at least 12 months and experience equal to 1,500 hours in residential work; 2) Exam and Experience Application and passing of national exam within past 24 months; 3) Successful Completion of Work Product Review (done during the exam and experience application); 4) Collegiate Education per IAC 193F-5.2; 5) 200 total hours of Qualifying Education (specific coursework); 6) Background Check consistent with Iowa Code section 543D.22; 7) Conversion Application. Upgrade to Certified General Appraiser: 1) An active associate appraiser status for at least 18 months and experience equal to 3,000 hours in which 1,500 hours is in non-residential work; 2) Exam and Experience Application and passing of national exam within past 24 months; 3) Successful Completion of Work Product Review (done during the exam and experience application); 4) Bachelor’s Degree; 5) 300 total hours of Qualifying Education (specific coursework); 6) Background Check consistent with Iowa Code section 543D.22; 7) Conversion Application Reciprocity of Certified Appraisers: 1) Must hold a valid and active certified license in another jurisdiction matching the license status requested and be in good standing in all states which a license is held. Temporary Practice Permits (TPP): 1) A TPP (temporary certification of an appraiser) may be granted, on to an appraiser who is certified in another state. Applicants must provide the full address or legal description of the property(ies). TPPs are issued per engagement letter. If the appraiser has more than one property on 1 engagement letter, that constitutes 1 TPP. Separate engagement letters would require separate TPPs. Unlimited TPPs may be issued per calendar year. Duration Residential Associate Appraisers Experience Requirement: A minimum of 12 months. General Associate Appraisers Experience Requirement: A minimum of 18 months. Licenses for all types are good for two years, except that the initial license may not be valid for a full two years depending on the approval date. Processing Time 3-5 days excluding the background check process. Fee Structure $51 background check fee $100 Temporary Practice Permit $200 for renewal or initial associate appraiser (active status) $280 for renewal or initial certified appraiser (active status) $150 reinstatement fee $150 Exam Application Fee (A separate fee of $145 is paid directly to the exam provider) $300 Work Product Review Fee (Residential) $650 Work Product Review Fee (General) Late fees vary based on license status and type. Refer to IAC 193F-Chapter 12 Renewal Requirements Twenty-eight (28) hours of continuing education are required biennially for renewal in Iowa. Appraisers must successfully complete the seven–hour National USPAP Update Course, or its equivalent, each two–year renewal cycle. “USPAP” is the Uniform Standards of Professional Appraisal Practice. If an individual fails to renew and complete their education before June 30 of their renewal year, the individual may reinstate their license during the 30 day period following expiration consistent with Iowa Administrative Code Rule 193F-9.4. Exam Examinations require pre-approval and are administered by appointment through the exam provider. Additional Information Iowa adopted the 2022 AQB Criteria. The Criteria can be found here.
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