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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 have a license from the Idaho Real Estate Appraiser Board (REAB). Idaho allows licensure by examination or reciprocity.

Residential Real Estate Appraiser licensure by examination process:

  • Applicant must be registered as an appraiser trainee
  • Successfully complete 75 classroom hours of courses related to real estate appraisal
  • 2,000 hours of supervised appraisal experience as a trainee in no less than 12 months
  • Submit application and jurisprudence exam to REAB
  • REAB will request 2 work samples
  • Send work samples to REAB
  • Application is approved by IREA
  • Receive letter with exam info
  • Applicant must pass Appraiser Qualification Board exam
  • Submit exam completion certificate to PearsonVUE.
  • Receive your license from IREA

Licensure by reciprocity requires the applicant to be licensed in a state with the same or substantially the same requirements as Idaho. Reciprocal applicants will need to sign the consent to service of process and affidavit and have it notarized. They are also required to complete the Idaho jurisprudence exam attached to the application. For a list of reciprocal jurisdictions, see the REAB website.

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 form, all requested documentation, and a check or money order for $375 to:

Real Estate Appraiser Board
PO Box 83720
Boise, ID 83720-0058

How much does the Idaho real estate appraiser license cost?

Application fee: $250
Original license fee: $125
Renewal fee: $350.

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.

Resources

Idaho Real Estate Appraiser Board

Idaho SOS


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