How to become a licensed real estate appraiser in Idaho
Requirements for Idaho Real Estate Appraiser License
What are the requirements to become a licensed Idaho real estate appraiser?
If you wish to become a real estate appraiser in Idaho, you must obtain a license from the Idaho Real Estate Appraiser Board (REAB). Idaho offers licensure by examination or reciprocity.
Licensed Residential Real Estate Appraiser licensure by examination process:
- Complete the required qualifying education. Applicants may complete 150 classroom hours of approved coursework, including the 15-hour National Uniform Standards of Professional Appraisal Practice (USPAP) course, or register as an appraiser trainee and complete 75 classroom hours of specified residential appraisal coursework.
- If pursuing the trainee pathway, register as an appraiser trainee and complete the required trainee education.
- Complete at least 1,000 hours of qualifying appraisal experience within a period of at least six months. Alternatively, applicants may complete an approved Licensed Residential or Certified Residential Practical Applications of Real Estate Appraisal (PAREA) program.
- Submit the required application and supporting documentation to REAB.
- Respond to any requests for additional documentation. The board may request two work samples selected from the applicant’s experience log.
- Meet the examination requirement by passing the AQB-approved Licensed Residential Appraiser examination or the Certified Residential or Certified General Appraiser examination.
Licensure by reciprocity is available to applicants who hold an appraiser credential from another jurisdiction and meet Idaho’s applicable licensing requirements. Applicants should contact REAB to confirm the requirements and documentation needed for their specific credential.
How do I get an Idaho real estate appraiser license?
If you meet the requirements for licensure, complete and submit the Idaho Application for Licensure by Examination or Application for Licensure by Reciprocity.
Submit the completed application, all required documentation, and a check or money order for $300 payable to the Idaho Division of Occupational and Professional Licenses (DOPL) to:
Real Estate Appraiser Board
Idaho Division of Occupational and Professional Licenses
PO Box 83720
Boise, ID 83720-0063
How much does the Idaho real estate appraiser license cost?
Initial license fee (including application fee): $300
Biennial renewal fee: $550
Are there any continuing education requirements for Idaho Real estate appraisers?
All Idaho licensed real estate appraisers must complete fifteen hours of continuing education every year. Do not submit your continuing education records to the REAB unless you have been selected for an audit.
What else do I need to know to start a real estate appraisal business in Idaho?
Business entities such as corporations and LLCs provide a variety of benefits and protections for Idaho real estate appraisers. Idaho does not require real estate appraisers to set up any one type of entity, except that they cannot form professional corporations or LLCs. Idaho does not require businesses to indicate the type of business they perform in the business name.