New Mexico Real Estate Appraisal School
Wondering how to become an appraiser?
As your partner in Appraisal Education in New Mexico, OnCourse Learning is an New Mexico real estate appraisal school, approved by the New Mexico Real Estate Appraisers Board to provide appraisal licensing and continuing education courses for real estate appraisal agents. OnCourse Learning provides all of the live and online appraiser license courses you will ever need for your career in real estate appraisal.
Browse online appraisal courses below to find the class that is right for you!
New Mexico Appraisal New License Requirements
In the state of New Mexico, there are four levels of real estate appraiser licensure:
- Licensed Real Estate Appraiser
- Certified Residential Real Estate Appraiser
- Certified General Real Estate Appraiser
In order to complete the licensure process, you must:
- Be at least 18 years old and have a high school diploma or GED
- Possess good moral character
- Complete the state exam
- Submit application and associated fees
To begin as an apprentice, there is a requirement of 75 hours of educational credits. OnCourse Learning has the perfect package that covers these hours to help you jumpstart your career! The New Mexico 75-Hour Real Property Appraiser Trainee Package includes the three mandatory courses plus a USPAP Manual eBook. Covering basic appraiser procedures and principles, this course package sets a solid educational foundation for those who wish to become licensed real estate appraisers. You’ll learn everything you need to know to begin a successful appraisal career with OnCourse Learning.
New Mexico Appraisal Upgrade License Requirements
In order to achieve your New Mexico real estate appraiser license, you’ll need to complete 75 additional hours of education (after you have met apprentice requirements). There are four mandatory courses that cover these hours - Residential Market Analysis and Highest and Best Use, Residential Appraiser Site Valuation and Cost Approach, Residential Report Writing and Case Studies, Residential Sales Comparison and Income Approach - and you can find all of them on OnCourse Learning’s database! After completion of these courses, you’ll need to complete 2000 hours of experience in no less than 12 months.
To move onto the certified levels, you must first meet these higher education requirements:
- For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required
- For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters
The certified residential level also demands an additional 50 hours of educational credits, plus 2500 hours of experience completed within no less than 24 months. For the certified general level, you need an additional 100 hours of education plus 3000 hours of experience (including 1500 hours of nonresidential appraisals) completed within no less than 30 months.
New Mexico Appraisal Continuing Education Requirements
All New Mexico appraiser license expire on April 30th two years after the date of original issuance. To qualify for renewal, all licensees must complete 32 hours of continuing education (including the 7 hour USPAP Update and the 4 hour board approved Renewal Update course). Only 14 hours can be covered by online education. OnCourse Learning offers various 7 or 14 hour continuing education online courses for appraiser professionals. For an easy renewal process, count on the educational solutions offered by OnCourse Learning.