Get Your Wisconsin Appraisal License with Allied's Appraisal
Start your Wisconsin appraisal training today!
It is easy to fulfill the Wisconsin appraisal requirements with Allied Real Estate Schools. These courses provide you with all of the resources necessary to successfully prepare you for a new career. Plus theyâ€™re 100 percent online giving you the freedom to create your own study schedule. All courses are AQB approved, giving you the professional skills necessary to work as a licensed appraiser.
If you are new to the real estate appraisal industry, this is the licensing package for you. Allied's Appraisal Licensing Package meets AQB requirements by providing 150 hours of appraisal education. You can complete your appraisal license education and pass the state exam with one convenient package.
- 15-Hour National USPAP Course
- Study Guides with Instructions & Assignments
- Appraiser License State Exam Preparation
The products below are included in the real estate programs listed above at a discount price. They can be purchased separately by clicking on the selections below.
|15-Hour National USPAP Course
Price – $340
This course provides you with information on the generally-accepted and recognized standards of appraisal practice in the United States.
These products provide you with helpful self-assessment tests and comprehensive practice exams that prepare you for the actual state licensing exam.
Allied's state-approved courses give you everything you need to quickly and easily renew your appraisal license.
Is Wisconsin approved to provide appraisal education?
Allied's Wisconsin real estate appraisal program is approved by the Wisconsin Department of Regulation & Licensing to provide comprehensive appraisal training to students in the state of Wisconsin.
What are the Wisconsin license requirements?
There are three levels of Wisconsin real estate appraiser licenses:
- Licensed Appraiser
- Certified Residential License
- Certified General License
You must successfully complete the specified hours of approved real estate appraisal courses for each type of license, including a course of at least 15 hours that covers the Uniform Standards of Professional Appraisal Practice (USPAP). The specified hours include:
- A minimum of 90 hours of instruction for the licensed appraiser classification covering topics indicated in Wis. Admin. Code, RL 84.04 and Chapter 458 of the Wisconsin Statutes.
- A minimum of 120 hours of instruction for the certified residential appraiser classification covering topics indicated in Wis. Admin. Code, RL 84.02.
- A minimum of 180 hours of instruction for the certified general appraiser classification covering topics indicated in Wis. Admin Code, 84.03.
- Applicants for an appraiser license shall have a minimum of 2,000 hours of appraisal experience.
- Applicants for a certified residential appraiser certificate shall have a minimum of 2,500 hours of appraisal experience in not less than 24 months.
- Applicants for a certified general appraiser certificate shall have a minimum of 3,000 hours of appraisal experience in not less than 30 months, of which no more than 50% can be residential appraisal experience.
How do I apply for the national appraisal examination?
If you want to apply for an appraisal license, you need to pass a national examination on the type of appraisal practice you would like to perform. The examinations are currently administered by Promissor for Wisconsin. Information on the examinations may be obtained on their web site. The department will send an eligibility letter giving you approval to make an appointment for the examination. Please do not contact the test provider prior to receiving approval from the department. The national examination must be completed within 24 months of submitting the application for your appraisal license.
What are the continuing education requirements for a Wisconsin appraisal license?
As a licensed appraiser, you need to complete at least 28 hours (if initially credentialed in the second year of the biennium must complete only 14 hrs) of continuing education in each biennial
renewal period. At least 7 of those hours need to include instruction in the professional standards and code of ethics applicable to appraisers.
I am licensed or certified in another state but I want to appraise property in Wisconsin. How can I become licensed in Wisconsin?
You must provide verification of your current credentials in another state and verify that you have completed the education, examination and experience required by Wisconsin, including 15 hours of approved instruction in professional standards and ethics. You must also pass the examination on Wisconsin regulations. Call for further details.
How can I get a temporary license to do an appraisal in Wisconsin?
If you hold a current appraiser certificate in another state, you may perform an appraisal in this state, if all of the following apply:
- The appraisal is performed in a federally-related transaction.
- Your practice in this state is practice of a temporary nature.
- You complete the application and pay the appropriate fee.
The term "practice of a temporary nature" is defined by the department to mean the performance of one or more appraisals by an appraiser conducted for purposes of completing a specific appraisal assignment.
How long does it take to make a determination to provide credentials?
By law, an original completed application for a credential shall be reviewed within 60 business days after having been received, but the average time for review is 30 days. An application is considered completed when all materials necessary to make a determination on the application and all requested materials have been received.
May an individual who is not a licensed or certified appraiser assist in the preparation of an appraisal?
Yes, an individual who is not a state certified or licensed appraiser may assist in the preparation of an appraisal if: 1) the assistant is under the direct supervision of a licensed or certified individual; and 2) the final appraisal document is approved and signed by an individual who is certified or licensed.
How is the term "transaction value" defined?
The term "transaction value" is defined to mean one of the following:
- For loans or other extensions of credit, the amount of the loan or extension of credit.
- For sales, leases, purchases, and investments in or exchanges of real property, the market value of the real property interest involved.
- For the pooling of loans or interests in real property for resale or purchase, the amount of the loan or market value of the real property calculated with respect to each such loan or interest in real property.
How is the term "complex 1-4 family residential property appraisal" defined?
The term "complex 1-to-4 family residential property appraisal" is defined to mean an appraisal of 1-to-4 family residential property in which the property to be appraised, the form of ownership, or market conditions are atypical.