Appraiser Licensing

Appraiser licensing varies from state to state. To participate in what is called a "federally-related
transaction," which is, for example, a mortgage being underwritten by a national bank, an appraiser
must be licensed or certified by his or her state. The license or certification is evidence that the appraiser has performed a certain number of hours as a trainee under the supervision of a practicing appraiser, may have passed an examination, and completes a certain number of hours of Continuing Education Training.

Prior to the Savings and Loan crisis of the 80s, which gave rise to appraiser licensing, appraisers had to market their expertise, service, professionalism and association designations. Many feel that state licensing has diluted the appraisal profession and created minimum standards.

We have worked diligently to establish a reputation for quality and professionalism.  We strive to complete assignments in a timely manner and to provide a consistent level of performance.   All of our associates have 10+ years of experience and many hold professional designations from the Appraisal Institute.

You should always be sure your appraisal service provider is licensed and in good standing. The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) maintains a national database of appraisers and their license/certification status.  It is available publicly at this link.