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2008 AQB Requirements | Appraisal
Timeline for the 2008 Appraisal Licensing Requirements
- What are the 2008 Appraiser Qualification Criteria?
- How do the 2008 Criteria compare to the existing criteria?
- How will Ohio be implementing the 2008 Criteria?
- With the impending 2008 Appraiser Qualification Criteria, when is the best time to get started in a new appraisal career?
- I am currently a licensed appraiser and I am interested in upgrading my credential. How do the 2008 Criteria affect me?
- At what point can I begin logging my experience hours?
- Will I be prepared for the 2008 examination if I complete my education requirement under the existing criteria?
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What are the 2008 Appraiser Qualification Criteria?
The 2008 Appraiser Qualification Criteria were adopted by the Appraiser Qualifications Board (AQB) in 2004. The primary role of the AQB is to determine if existing appraiser qualification criteria need to be revised or enhanced through critical evaluation of the appraisal industry and profession, including input from state and federal regulators, appraisal organizations, users of appraisal services, and even the general public. The 2008 Criteria enhance requirements for qualifying education hours, qualifying education curriculum, and college course requirements. -
How do the 2008 Criteria compare to the existing criteria?
The 2008 Criteria increase qualifying education hours for all credentials (except state-registered appraisal assistants) including: Residential Real Estate Appraiser License, Residential Real Estate Appraiser Certificate, and General Real Estate Appraiser Certificate. In addition, qualifying education has been enhanced to prescribe specific subject matter modules, known as the core curriculum, to all four license classifications. After 2008, qualifying education for each license classification must include core curriculum consistent with the 2008 Criteria. College-level course requirements are another new addition to appraiser qualification criteria for the Residential Certified and General Certified license classifications. -
How will Ohio be implementing the 2008 Criteria?
Ohio is considering adopting a hybrid implementation approach to the 2008 Criteria. This would mean effective January 1, 2008, any component of the current appraiser qualification criteria completed prior to January 1, 2008 may be carried forward under the 2008 criteria until the firm deadline of January 1, 2009. For example, if an appraisal student completes the current qualifying education component before January 1, 2008, the student may carry over that component of the current criteria until January 1, 2009. -
With the impending 2008 Appraiser Qualification Criteria, when is the best time to get started in a new appraisal career?
Now is the best time to get started in an Appraisal career. The sooner you get started the sooner you will begin enjoying the benefits of a new career. It is possible to get started now, complete qualifying education under the existing criteria, and achieve your licensed credential before the firm deadline of January 1, 2009! -
I am currently a licensed appraiser and I am interested in upgrading my credential. How do the 2008 Criteria affect me?
Currently credentialed appraisers who are interested in upgrading their license are also affected by the 2008 Criteria. Appraisers wishing to upgrade their license prior to the implementation of the 2008 Criteria should plan on completing the additional education hours associated with the prospective license prior to 2008. Now is the best time to upgrade your credential. -
At what point can I begin logging my experience hours?
In Ohio, it is necessary to complete at least 78 hours of qualifying education, including the 15-hour Uniform Standards of Professional Appraisal Practice course, and a 3-hour course in federal, state, and municipal fair housing law before submitting application to the Ohio Division of Real Estate and Professional Licensing to become a state-registered appraisal assistant. You may begin logging experience hours after registering as an appraisal assistant while working under the supervision of a state licensed or certified appraiser in good standing with the Ohio Appraiser Board. -
Will I be prepared for the 2008 examination if I complete my education requirement under the existing criteria?
Hondros College offers all of the tools you will need to help prepare you for your licensing examination, including CompuCram exam preparation software, our Crammer exam preparation course, and other study aids. The 2008 examination will evaluate and emphasize your ability to apply the concepts of the required core curriculum into appraisal scenarios and problems.