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Q: Real Estate Appraising ( Answered,   0 Comments )
Question  
Subject: Real Estate Appraising
Category: Reference, Education and News > Job and Careers
Asked by: jmoore-ga
List Price: $20.00
Posted: 09 Dec 2002 20:42 PST
Expires: 08 Jan 2003 20:42 PST
Question ID: 122204
Where can I find out what education and/or experience you need to
become a Real Estate Appraisor in the state of Idaho?
Answer  
Subject: Re: Real Estate Appraising
Answered By: googlenut-ga on 09 Dec 2002 23:11 PST
 
Hello jmoore-ga,

In order to be a real estate appraiser in the state of Idaho, you are
required to obtain a license from the Idaho Real Estate Appraiser
Board (http://www2.state.id.us/ibol/rea.htm).

Information about the licensure process can be obtained at the
Appraiser Board website
(http://www2.state.id.us/ibol/REA/rea%20licensure.htm).

Unless you are already a licensed real estate appraiser in the states
of Wyoming, Montana, Washington, Utah, Oregon, or Louisiana, you will
first have to register as a trainee.  The website states the
following:

“Please be aware that there is no current requirement to be a
registered trainee. After July 1, 2003, however, ONLY that appraiser
experience obtained as a registered trainee shall be credited towards
the experience required for licensure.”

The application for Trainee Registration can be downloaded from the
website (http://www2.state.id.us/ibol/REA/trainee%20application.pdf).
There is an application fee of $250 and a registration fee of $50. 
You are also required to have the application signed by a supervisor
that is a licensed Idaho real estate appraiser.  So you will first
have to find a supervisor.

I recommend that you contact the Appraisal Institute
(http://www.appraisalinstitute.org/membership/strct_chptrs.asp?state=ID).
 They describe themselves as follows:

“The Appraisal Institute is an international membership association of
professional real estate appraisers, with more than 18,000 members and
99 chapters throughout the United States, Canada and abroad. Its
mission is to support and advance its members as the choice for real
estate solutions and uphold professional credentials, standards of
professional practice and ethics consistent with the public good.”

The Appraisal Institute has two chapters in Idaho:

Inland Northwest Chapter 

President: D. Eric James, MAI 
Auble Associates
South 107 Howard Street, #300
Spokane, WA 99201  
Phone:(509) 747-0999 
Fax:(509) 747-0999 
jamese@auble.com  

Southern Idaho Chapter 

President: William B. Knipe, III, MAI, SRA 
Knipe Janoush Knipe, LLC
1661 Shoreline Drive Suite 200
Boise, ID 83702  
Phone:(208) 342-2500 
Fax:(208) 342-2220 
wbk@knipejanoush.com  


In addition, the Registered Trainee application requires the
completion of 75 classroom hours of courses related to real estate
appraisal, including completion of an approved 15 hour Uniform
Standards of Professional Appraisal Practice (USPAP) class (including
an exam).

The Uniform Standards of Professional Appraisal Practice class is
provided by the Appraisal Institute.  The course description can be
downloaded from their website
(http://www.appraisalinstitute.org/education/course_descrb/410_Sched_2002.pdf).
The description includes the following:

“The National USPAP Course of The Appraisal Foundation focuses on the
requirements for ethical behavior and competent performance by
appraisers that are set forth in USPAP. This course is unique in that
it was developed in 1998 and is revised annually for The Appraisal
Foundation with the assistance from the eight Appraisal Sponsoring
Professional Organizations for use nationwide.”

There are also several colleges in Idaho that offer real estate
courses and/or programs:

College of Southern Idaho
http://www.csi.edu/l4.cfm?realestate

Lewis-Clark State College 2002-2003 Catalog
http://www.lcsc.edu/catalog/geninfo/wft.htm

North Idaho College Workforce Training Center
http://www.nic.edu/wft/Catalogs/F%2702Catalog/realestate.htm

Boise State University
http://workforcetraining.boisestate.edu/Realestate/real_estate_program.htm


Online resources:

Cyber U Department of Real Estate
http://www.cyberu.com/classes.asp?deptid=327

Professional Career Development Institute 
http://www.pcdi-homestudy.com/courses/rr/index.shtml


It’s not exactly clear however if the courses offered by these schools
satisfy the licensing requirement.  You may have to contact the
licensing board to confirm.  The colleges themselves or the Appraisal
Institute may also be able to provide that information.

The proceeding information referred to becoming a trainee.

The actual licensing is a separate process which requires a national
standardized examination
(http://www2.state.id.us/ibol/REA/rea%20licensure.htm).

There are also additional fees:

Application  $250.00 
Examination  $300.00 
Original License  $125.00 
Temporary Permit $100.00 
Annual renewal  $250.00 
Reinstatement  $25.00


I hope you have found this information helpful.  Please request
clarification if I have not fully answered your question.

Good luck!
Googlenut-ga


Google Search Term:

real estate appraising license idaho
://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&safe=off&q=real+estate+appraising+license+idaho


Other reference:

Access Idaho
http://www.accessidaho.org/education/suniv.html
(list of Idaho colleges and universities)

Clarification of Answer by googlenut-ga on 09 Dec 2002 23:40 PST
Oops! I left out some important information:

The Idaho Real Estate Appraiser Board, Administrative Rules
(http://www2.state.id.us/adm/adminrules/rules/idapa24/1801.pdf),
Paragraph 299 lists additional information about the courses required
for trainee registration.

It also states the following:

“As a prerequisite to taking the examination for licensure as an Idaho
Licensed Real Estate Appraiser, an applicant shall present evidence
satisfactory to the board that he has successfully completed not less
than ninety (90) classroom hours of courses in subjects related
specifically to real estate appraisal approved by the board. Each
applicant must have successfully completed not less than seventy (70)
classroom hours of study related to those topics outlined under
Subsection 299.02.e., the basic principles of real estate appraising.
Not less than fifteen (15) and no more than twenty (20) classroom
hours of studies within the last five (5) years specifically relating
to the USPAP, and Code of Ethics will be credited to the classroom
hour requirement. (3-13-02)”

It goes on to say:

“ Prerequisite to sit for the examination: (7-1-97)
a. Equivalent of two (2) years appraisal experience (see Subsection
299.03.b.). Experience documentation in the form of reports or file
memoranda should be available to support the claim for experience.
(7-1-97)
b. Of the required two thousand (2,000) hours, the applicant must
accumulate a minimum of one thousand five hundred (1,500) hours from
field real estate appraisal experience. The balance of five hundred
(500) hours may include non field experience, refer to Subsection
299.03.c.”
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