Missouri Appraisal License Requirements
The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Missouri Real Estate Appraisers Commission. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.
Missouri Appraisal Licensure Levels:
- State Licensed Appraiser Trainee
- State Licensed Appraiser
- Certified Residential Appraiser
- Certified General Appraiser
Missouri Appraisal Licensure Requirements:
- Must be at least 18 years of age
- Must have a high school diploma or its equivalent
- Must meet the educational requirement for the applying level of appraiser licensure
- Must meet the experience requirement for the applying level of appraiser licensure
- For Certified Residential level, one of the following is required:
- Bachelor degree in ANY field
- Associate's Degree in Business Administration, Accounting, Finance, Economics, or Real Estate
- Completion of 30 hours of (1) relevant coursework, or (2) College Level Examination Program (CLEP) exams (3) or some mix of both
- For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required. An alternative to the education requirement is also available: 5 years of experience, 5 years without any disciplinary action and completion of specific additional education
- Satisfactory completion of the state examination
- Submit application, required documents, and associated fees
Missouri Appraisal Education Requirements:
- 75 hours for the Trainee Appraiser coursers which include: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours) and 4 hours of Supervisor/Trainee education.
- 150 hours for the Licensed Appraiser which consist of the following appraiser courses : Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours) Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
- 200 Hours for the Certified Residential Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
- 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)
Experience Requirements:
- Trainee – No experience
- State Licensed Appraiser – 1000 hours in 6 months
- Certified Residential Appraiser – 1500 hours in 12 months
- Certified General Appraiser – 3000 hours in 18 months with at least 1500 hours of experience in non-residential appraisals
Missouri Appraisal Continuing Education Requirements:
- All licenses expire on June 30th of even number years
- All appraisers must complete 28 hours of continuing education appraiser classes during the two year cycle
- 7 of those hours must cover the USPAP Update course