How to Become a Real Estate Appraiser in Missouri: Step-by-Step Career Guide

Navigating the path to becoming a real estate appraiser in Missouri involves understanding a set of clear requirements and fulfilling them systematically. Individuals must begin by meeting the basic age and educational prerequisites, which lay the foundation for entering the field. The process includes completing education, gaining experience under a certified appraiser, and passing a state examination—steps designed to ensure that candidates are well-prepared to evaluate property values accurately and ethically.

Missouri mandates specific education and experience hours before one can achieve licensure as a real estate appraiser. Potential appraisers should focus on taking the required courses and locating a suitable mentor for the experiential training portion of the licensing process. Staying informed about post-licensing education and renewal requirements is also crucial for maintaining the licensure and practicing within legal and professional standards.

Key Takeaways

  • Real estate appraiser candidates in Missouri must comply with education and age prerequisites.
  • Required experience must be completed under the supervision of a certified appraiser.
  • Ongoing education is necessary to renew and maintain real estate appraiser licensure.

Understanding Real Estate Appraisal

In Missouri, a real estate appraiser is a professional who evaluates property value. These appraisers play a critical role in various real estate transactions, offering objective and unbiased assessments. Appraisals are not only essential for buying or selling properties but also important for tax purposes, insurance, and financing.

Real estate appraisals in Missouri adhere to the standards set by the Missouri Real Estate Appraisers Commission. The process involves a thorough residential market analysis for homes or a commercial evaluation for business properties. Appraisers analyze the property’s condition, the location, and market trends to determine its highest and best use.

Training to become an appraiser includes coursework in:

Missouri appraisers must complete specific education requirements and, in many cases, accrue hours of experience under a licensed appraiser.

Missouri appraisal certifications distinguish between levels, such as:

  • Trainee Appraiser
  • Licensed Residential Real Property Appraiser
  • Certified Residential Real Property Appraiser
  • Certified General Real Property Appraiser

Each level requires a combination of education, experience, and examination. The appraisal process demands attention to detail and a commitment to providing accurate property valuations, ensuring that all parties involved in a real estate transaction have the information they need to make informed decisions.

Basic Requirements for Appraisers in Missouri

To become a real estate appraiser in Missouri, specific criteria must be met, including educational prerequisites, comprehensive appraisal education, mentorship, and state licensure.

Education Prerequisites

Individuals interested in pursuing a career in real estate appraisal in Missouri must be at least 18 years old. While a bachelor’s degree is not mandatory for all appraisal licenses, obtaining one or completing 30 semester credit hours at an accredited college or university can be beneficial. For those less inclined towards a full degree, an associate’s degree may be sufficient for certain types of appraisal licenses.

Qualifying Appraisal Education

Applicants are required to complete a series of qualifying education courses. These courses cover basic appraisal principles, statistics, modeling and finance, and appraisal subject matter electives. The curriculum must include the National USPAP course, a 15-hour program that covers the Uniform Standards of Professional Appraisal Practice. Providers such as McKissock offer these courses through various formats including self-paced online courses and livestream classes.

Experience and Mentorship

To gain practical experience, individuals must work as a trainee appraiser under the supervision of a supervisory appraiser. This involves creating an experience log, participating in inspections, and assisting in preparing appraisal reports. The state requires trainees to complete a minimum of 1,000 hours of real estate appraisal experience, which cannot be accomplished in less than six months.

State Licensure

Becoming a licensed residential appraiser requires passing the state licensure examination. Applicants must ensure that they have met all educational and experience requirements before applying for licensure. The Missouri Real Estate Appraisers Commission provides guidelines and application instructions for individuals looking to obtain their appraiser license in Missouri.

Missouri Appraisal Licensing Process

To become a licensed real estate appraiser in Missouri, applicants must navigate through several key steps, meeting specific educational, experience, and legal requirements.

Application Submission

An individual seeking to become a state certified residential appraiser in Missouri must complete the official application provided by the Real Estate Appraisers Commission. Along with the application, a fee is required, which varies depending on the level of licensure being applied for. Necessary details and forms can be found at the Missouri Division of Professional Registration.

Examination Requirements

After submitting the application, the aspiring appraiser must pass the state license examination. This crucial step ensures that the appraiser possesses the knowledge required to perform competently. To qualify for the examination, one must first complete the mandated education requirements, which includes 75 hours of qualifying education courses for the initial license and additional coursework for higher levels of certification. Training that is AQB approved is also necessary.

Background Check and Insurance Policies

Applicants will undergo a background check to assess their eligibility. They are also expected to carry a minimum of $250,000 of Professional Liability (E&O) Insurance. This serves as a safeguard, offering both the appraiser and the clients protection. For certain engagements, a policy coverage increase up to $1,000,000 may be advisable to provide additional security for the professional’s practice.

Finalizing the License

Upon successfully passing the examination and fulfilling all other prerequisites, the individual may then be issued a license. This status as a licensed or certified real estate appraiser authorizes them to perform appraisals within the state of Missouri. Continual education and adherence to state regulations are required for maintaining licensure.

Post-Licensing Education and Renewal

In Missouri, becoming a real estate appraiser is just the first step. Post-licensing education and renewal requirements play a crucial role in maintaining one’s professional status and ensuring compliance with industry standards.

Continuing Education

Missouri mandates that certified appraisers complete 14 hours of continuing education annually, including a 7-hour Uniform Standards of Professional Appraisal Practice (USPAP) update course. This education ensures that appraisers stay current with the latest practices and regulatory changes. The curriculum is designed to refine professional knowledge and skills pertinent to real estate appraisal.

  • Annual Requirement: 14 hours of continuing education
    • USPAP Update Course: 7 hours every 2 years

Maintaining Professional Standards

To remain in good standing, a certified appraiser must adhere to the USPAP which mandates ethical and performance standards. In addition to mandated education, appraisers in Missouri may participate in voluntary review processes to ensure their appraisal work aligns with these standards. Maintaining these professional standards is essential for appraisers committed to upholding the integrity and trust in the appraisal process.

  • Ethical Standards: Compliance with USPAP
  • Voluntary Review: Optional peer review to ensure quality and adherence to standards

Frequently Asked Questions

This section is designed to address common inquiries about the path to becoming a real estate appraiser in Missouri, ranging from educational prerequisites to licensure levels and salary expectations.

What are the educational requirements to become a real estate appraiser in Missouri?

An individual must complete 75 hours of qualifying appraisal courses including 15 hours focused on USPAP to meet the educational prerequisites for a trainee real estate appraiser license in Missouri.

How do I find approved courses for real estate appraiser training in Missouri?

Prospective appraisers should select courses that have been approved by the Missouri Real Estate Appraisers Commission. A comprehensive list of approved education providers can be found on McKissock Learning.

What are the levels of real estate appraisal licensure in Missouri?

Missouri has several levels of real estate appraisal licensure, including Trainee Appraiser, Licensed Residential Real Estate Appraiser, Certified Residential Real Estate Appraiser, and Certified General Real Estate Appraiser.

What is the average salary for a real estate appraiser in Missouri?

The average salary for a real estate appraiser in Missouri may vary based on experience, level of certification, and the market demand for appraisal services.

How do I register for the Missouri Real Estate Appraisers Commission exam?

To register for the licensure exam, candidates must submit their application to the Missouri Real Estate Appraisers Commission and follow the exam registration process outlined in the Candidate Handbook.

Is on-the-job training necessary to become a licensed real estate appraiser in Missouri?

Yes, on-the-job training is required. After obtaining a Trainee Appraiser license, individuals have to work under the supervision of a Certified Appraiser to gain experience hours that are crucial for higher levels of licensure.

About the author

Nina Sheridan is a seasoned author at, a blog renowned for its insightful exploration of the increasingly interconnected worlds of business, technology, and lifestyle. With a keen eye for the dynamic interplay between these sectors, Nina brings a wealth of knowledge and experience to her writing. Her expertise lies in dissecting complex topics and presenting them in an accessible, engaging manner that resonates with a diverse audience.