Real Estate Appraisal

For more information on the Real Estate Appraisal Program, please contact the program coordinator, Sue Taylor at 618-235-2700, ext. 5434 or sue.taylor@swic.edu.

Coordinator: Sue Taylor
Dean: Janet Fontenot

Southwestern Illinois College is a state approved provider of real estate appraisal courses. The college offers the three courses required for licensure as well as the Report Writing class for Residential certification. The real estate appraisal certification requirements are rigorous and closely monitored by the state. Please visit the state’s website for detailed information about the process: http://www.idfpr.com/dpr/re/APPRAISAL.asp for more information. Click on "New AQB Education Requirements."

Experience Requirement

To become certified as an appraiser in Illinois, you must fulfill the experience requirement. The certified residential category requires 2500 hours of appraisal experience under the supervision of a certified appraiser. The 2500-hour requirement must be fulfilled in no less than 24 months. The certified general category requires 3000 hours of experience to be completed in no less than 30 months.

The college does not have a placement service to assist students in fulfilling the experience requirement.

Education Requirements

AQB Criteria
License Rank	Pre-License Education Requirements Criteria 1/1/08
Associate	75 Hours
Certified Residential	200 Hours Associate Degree *
Certified General	300 Hours Bachelor Degree *
Source: AQB Criteria adopted 2/20/04

Associate Real Estate Appraiser:

Refer to the Class Search/Browse Catalog link in eSTORM for class availability.

RAPP 196 Uniform Standards of Professional Practice

1 credit hour course
RAPP 178 or concurrent enrollment is the prerequisite for this course

RAPP 178 Basic Appraisal Principles

2 credit hour course
Prerequisite for RAPP 191

RAPP 191: Basic Appraisal Procedures

2 credit hour course
Must complete RAPP 178 before taking this course

Upon successful completion of all three courses, the student requests an application for an “associate” designation from the state. The state will provide the information needed to take the test and the fees involved.

Associate status is the first step. Once that is complete, you may choose to pursue residential or general certification. For more information regarding education requirements, visit the state web site or call the state office. Look for or request the Candidate Handbook.

Office of Banks and Real Estate
http://www.obre.state.il.us/realest/APPRAISAL.HTM.
Phone: 217-524-8200

NOTE: Courses also are available in condensed format through private education providers. Before taking any appraisal course, check to ensure that the provider is approved by the state of Illinois.

For additional information about appraisal see the following websites or call:

Appraisal Foundation: http://www.appraisalfoundation.org
Follow the Education/Qualification link. Look for or request the Student Appraiser Guide.
Phone: 202-347-7722

Appraisal Institute: http://www.appraisalinstitute.org
Phone: 312-335-4100

National Association of Independent Fee Appraisers: www.naifa.com
Phone: 312-321-6830.

Real Estate Appraisal Pre-License Certificate (049E)

Completion of this certificate assists students in meeting the minimum requirements mandated by the state of Illinois for real estate appraisal licensure. These courses are licensed by the Illinois Department of Professional Regulation.

		Credits
RAPP 178	Basic Real Estate Principles	2
RAPP 191	Basic Real Estate Procedures	2
RAPP 196	Uniform Standards of Professional Practice	1

Prerequisites may be required for some courses. Refer to the Class Search/Browse Catalog link in eSTORM

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