Fulfill your Michigan pre-license appraisal requirements with Allied Real Estate Schools. Get all of the resources you need to successfully prepare you for your new appraisal career. These appraisal courses ABQ approved and provide you with a solid background and the necessary skills to work as a professionally licensed appraiser.
For a Limited Appraiser to become a State Licensed Appraiser, you will need to complete 2,000 hours of work experience over at least 1 year. You will also need to complete 150 hours of approved pre-license education, plus 30 semester hours of college-level education.
The Appraisal Qualifications Board or AQB determines the minimum education needs for appraisers looking to obtain, upgrade or renew their appraisal license. This is an independent board that is a part of the Appraisal foundation.
The Michigan appraisal license exam is taken with PSI, a private exam company. You can schedule your test time through their website. The state exam with PSI occurs after a Limited Appraiser has completed their trainee requirements. It is required in order to upgrade to a licensed appraiser.
Test takers will have four hours to complete the test and will need to bring their own financial calculator. No other personal items will be permitted, including books and study material. Check with PSI for scheduling and more information.
You can apply for a temporary appraisal permit in Michigan. Permits are valid of 180 days. You will need to submit a written description about the assignment and pay a $125.00 fee.
Allied Real Estate Schools has been a trusted source for real estate education since 1992. Online classes provide a convenient way for appraisers to complete their licensing education through a respected school that knows what you need.
Enroll now or talk with an Allied Representative today.
The 79-hour trainee package provides 75 hours of pre-license appraisal education, plus an additional four hours that focus on trainee/supervisory training. This package will help you prepare to become a trainee and is the starting point for a new appraisal career.
The 15-Hour National USPAP Course is a requirement for all new appraisal students, providing information on the generally-accepted and recognized standards of appraisal practice in the United States.
The 75-Hour Appraisal Licensing Package is the next step after you have achieved trainee status and met applicable state requirements. It provides the additional 75 hours of pre-licensing education you need, with a focus on residential market analysis and highest and best use, site valuation and cost, report writing, and sales comparison to meet the education requirements.
The Real Estate Appraisal Exam Prep Online helps you study with interactive, timed practice tests and mock state exam, which help you review important concepts, such as appraisal standards and ethics, cost approach, economic principles, highest and best use analysis, income approach, and many more – plus, you can effectively pinpoint topics needing extra attention.
As an existing appraiser, you are required to complete the 7-Hour National USPAP Update Course every two years with instruction in overall USPAP updates as well as issues that appraisers face in their daily appraisal assignments and common USPAP violations.