Our site will be unavailable for 3 hours starting on Friday, July 19th, 2019 from 11:00pm and ending at 2:00am CST on Saturday, July 20th for maintenance. We apologize for any inconvenience this may cause.

Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

New Mexico Licensed Residential Appraiser Education

CAPABILITIES: New Mexico Licensed Residential Appraiser

When you become a Licensed Residential Appraiser in New Mexico, you will be licensed to appraise non-complex, one- to four-unit residential properties with a transaction value not exceeding $1,000,000. Licensed Appraisers are also allowed to appraise complex one- to four-unit residential properties with a transaction value of less than $250,000.

REQUIREMENTS: New Mexico Licensed Residential Appraiser

If you’re interested in becoming a Licensed Residential Appraiser in New Mexico, you need to complete 1,000 hours in no fewer than 6 months of work experience as a Trainee Appraiser. You also must pass the AQB-approved Licensed Residential Appraiser Exam to become licensed. The only other option is to successfully complete the Certified Residential or Certified General exams. 

Qualifications for the Licensed Residential Appraiser Exam include the completion of 150 class hours (including the 75 hours of course work completed to become an Trainee Appraiser). Want more information? Check out the New Mexico State Appraisal Licensing Requirements page

If you’ve completed the required education but still need to pass the exam, check out our Appraisal Review Crammer class.

Kaplan Can Help Upgrade Your New Mexico Appraiser License. Get Started Today!