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State requirements
New Mexico appraiser trainee requirements
How to become an appraiser trainee in New Mexico: license type, education, supervisor rules and application cost.
| License Type | Real Estate Appraiser Trainee |
|---|---|
| State board website | www.rld.state.nm.us/boards/Real_Estate_Appraisers.aspx |
| Regulation | N.M. Admin Code 16.62.2.9 |
| Requirements to get Trainee Hours | 15-hour USPAP, 60 hours of appraisal coursework, apply online here. |
| Requirements to be a Supervisor | 3 years certified appraising, complete this form here. |
| Solo Inspection Required | 50 Assignments |
| Solo Inspection Details | Residential = first 50 assignments; after that point, the trainee may perform the inspection without the presence of the supervisor provided the trainee is competent to perform those inspections in accordance with the competency rule of USPAP for the property type. The supervisor and trainee must have their primary business location in New Mexico. |
| Application Cost | $200 |
States update regulations frequently. Verify requirements on the state board website and follow the Appraiser Qualifications Board (AQB) criteria.