As mandated by Act 725 of 2021, the entities under the Arkansas Department of Labor and Licensing have implemented a waiver of the initial licensing fee for applicants who qualify for the Workforce Expansion Act of 2021. If the initial applicant is currently receiving assistance through the Arkansas Medicaid Program, Supplemental Nutrition Assistance Program (SNAP), Special Supplemental Nutrition Program for Women, Infants and Children (WIC), Temporary Assistance for Needy Families Program (TANF), Lifeline Assistance Program and/or the applicant was approved for unemployment within the last twelve (12) months and/or the applicant’s income does not exceed two hundred percent (200%) of the federal poverty income guidelines that applicant may qualify for the waiver.
If you meet the qualifications for the Workforce Waiver, please contact our office at (501) 296-1843 or diana.piechocki@arkansas.gov to provide documentation and request the waiver for the initial application fee.
The Real Property Appraiser Qualification Criteria
For additional information, please reference The Appraiser Qualification Board's The Real Property Appraiser Qualification Criteria. If you have any questions, please contact our office. 501-296-1843.
Please keep in mind that you must be a Registered Apprentice appraiser to upgrade to Licensed or Certified. If you have any questions, please contact our office at 501-296-1843.
| USPAP | 15 hrs |
| Basic Appraisal Principles | 30 hrs |
| Basic Appraisal Procedures | 30 hrs |
| Supervisor/Trainee Course |
4 hrs |
| Total | 79 hrs |
| Residential Market Analysis & Highest and Best Use | 15 hrs |
| Residential Appraiser Site Valuation & Cost Approach | 15 hrs |
| Residential Sales Comparison & Income Approaches | 30 hrs |
| Residential Report Writing & Case Studies | 15 hrs |
| TOTAL | 75 hrs |
No college level education is required.
Required Experience
One thousand (1,000) hours of experience are required to be obtained in no fewer than six (6)months. While the hours may be cumulative, the required number of months must accrue before an individual can be licensed.
| Residential Market Analysis & Highest and Best Use |
15 hrs |
| Residential Appraiser Site Valuation and Cost Approach |
15 hrs |
| Residential Sales Comparison and Income Approaches |
30 hrs |
| Residential Report Writing & Case Studies |
15 hrs |
| Statistics, Modeling and Finance |
15 hrs |
| Advanced Residential Applications and Case Studies |
15 hrs |
| Appraisal Subject Matter Electives (must be tested) |
20 hrs |
| Total |
125 hrs |
Applicants for a Certified Residential credential must meet the Qualifying Education requirements outlined in Section V (C) of the AALCB Rules. Please see pages 26-29 of the AALCB Rules posted on our website.
Required Experience
One thousand five hundered (1,500) hours of experience obtained during no fewer than twelve (12) months is required. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.
| General Appraiser Market Analysis and Highest and Best Use | 30 hrs |
| Statistics, Modeling and Finance | 15 hrs |
| General Appraiser Sales Comparison Approach | 30 hrs |
| General Appraiser Site Valuation & Cost Approach | 30 hrs |
| General Appraiser Income Approach | 60 hrs |
| General Appraiser Report Writing & Case Studies | 30 hrs |
| Appraiser Subject Matter Electives (must be tested) | 30 hrs |
| Total | 225 hrs |
You must have a Bachelor’s degree or higher from an accredited college or university.
Required Experience
Three thousand (3,000) hours of experience obtained during no fewer than eighteen (18) months is required, of which, one thousand five hundred (1,500) hours must be in non-residential appraisal work. While the hours may be cumulative, the required number of months must accrue before an individual can be certified.
