Ohio Division of Real Estate clarifies new appraiser requirements

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All Ohio licensed or certified real estate appraisers or registered real estate appraiser assistants who plan to UPGRADE their credential prior to the new requirements effective Jan. 1, 2015 MUST submit a complete application with all required education, a complete experience log with samples submitted for review, have state and federal background check results received by the Ohio Division of Real Estate and take and pass the exam before the Jan. 1 deadline.

The Division is aware that some licensed residential appraisers are under the mistaken belief that if they do not upgrade by the Jan. 1, 2015 deadline that they will lose their license. This is not the case and the Division encouraged any credential holder with questions regarding the 2015 criteria to call our office at (614) 466-4100 or via email: WebReal@com.state.oh.us.

Changes to College Level Education Requirements

Residential Appraiser Assistant Current Requirements: None 1/1/2015

Requirements: None

Licensed Residential Appraiser Current Requirements: None 1/1/2015

Requirements: 30 semester hours of college level education from an accredited college, junior college, community college, or university OR an Associate’s degree or higher (in any field).

Certified Residential Appraiser Current Requirements: 21 semester credit hours in specific collegiate subject matter courses from an accredited college or university OR an Associate’s degree or higher (in any field). 1/1/2015

Requirements: Bachelor’s degree or higher (in any field) from an accredited college or university.

Certified General Appraiser Current Requirements: 30 semester credit hours in specific collegiate subject matter courses from an accredited college or university OR a Bachelor’s degree or higher (in any field). 1/1/2015

Requirements: Bachelor’s degree or higher (in any field) from an accredited college or university.

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