Wisconsin Appraiser License Requirements
The following are the types of licenses for appraisers.
Licensed Appraiser: Can appraise complex one- to four-family
residential property having a transaction value of not more than $400,000,
non-complex one- to four-family residential property having a transaction value of
not more than $1 million, and commercial real estate having a transaction value of not more than
$500,000.
- Complete 150 hours of approved pre-license education, including 15 hours of USPAP.
- Pass a state-administered exam.
- Accumulate 1,000 hours of experience in no less than six months.
- No degree required.
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Certified Residential Appraiser: Can appraise one to four residential units of any value or complexity. This classification does not include the appraisal of subdivisions.
- Complete 200 hours of approved pre-license education, including:
- 15 hours of USPAP.
- 15 hours of statistics.
- 15 hours of advanced case studies.
- 20 hours of electives.
- Pass a state-administered exam.
- Accumulate 1,500 hours of experience in no less than 12 months.
- College-level education, refer to the application form for more details.
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Certified General Appraiser: Can appraise all types of property at any value.
Complete 300 hours of approved pre-license education, including:
- 15 hours of USPAP.
- 15 hours of statistics.
- 30 hours of General Market Analysis.
- 30 hours of General Sales Comparison.
- 30 hours of General Site Valuation and Cost.
- 60 hours of General Income.
- 30 hours of General Report Writing and Case Studies.
- 30 hours of electives.
- Pass a state-administered exam.
- Accumulate 3,000 hours in no less than 18 months - of which 1,500 hours must be in non-residential appraiser work.
- Hold a bachelor's degree or higher in any field.
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Appraiser license renewal (CE)
The Wisconsin DSPS requires all appraiser licensees to complete 28 hours of CE during each two-year licensing period, seven which must be USPAP, in order to renew their license. The WRA offers appraisal DSPS-approved CE courses throughout the year to help satisfy this requirement.
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