How to Become a Real Estate Appraiser in Montana

The Montana Board of Real Estate Appraisers handles the appraisal licensing. Fortunately, for those of you in Montana, the minimum time period over which experience may be gained for licensing is only 18 months. In many states the minimum time requirement is the same as the certification, which is 24 months.

The benefit of obtaining your license first rather then going straight to certification is that you can do a lot of work, such as inspections, independently. Then will be easier to coordinate with your mentor who can then help you at the office during analysis and report writing for your additional hours for certification.

Montana Real Estate Appraiser Trainee

Basic Requirements: Must be 18 years or older and have found an approved mentor
Training Requirements: None
Education Requirements: 75 hours of qualifying education courses + the supervision of an approved mentor
Fee: $400.00
State Required Test: None

Montana Licensed Real Estate Appraiser

Basic Requirements: Must be 18 years or older
Training Requirements: 2,000 hours of appraisal experience over the course of no less than 18 months
Education Requirements: Must successfully complete 30 semester hours of college-level education, from an accredited college, junior college, community college, or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a regional or national accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education. If an accredited college or university accepts the College-Level Examination Program (CLEP) and examination(s) and issues a transcript for the exam, showing its approval, it will be considered as credit for the college course; 150 hours of pre-approved education, 15 hours of which must cover the USPAP and 15 hours of report writing
Fee: $515.00
State Required Test: Must pass the real estate appraiser exam with a score of 75% or higher

Montana Certified Residential Appraiser

Basic Requirements: Must be 18 years or older
Training Requirements: 2,500 hours of appraisal experience over the course of no less than 24 months
Education Requirements: Must hold a Bachelor’s degree, or higher, from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education; 200 hours of of pre-approved education,15 hours of which must cover USPAP and 15 hours of report writing
Fee: $815.00
State Required Test: Must pass the real estate appraiser exam with a score of 77% or higher

Montana Certified General Appraiser

Basic Requirements: Must be 18 years or older
Training Requirements: 3000 hours of appraisal experience over the course of no less than 30 months
Education Requirements: Must hold a Bachelor’s degree, or higher, from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education; 300 hours of of board approved instruction, 15 of which must cover USPAP and 15 hours of report writing
Fee: $815.00
State Required Test: Must pass the real estate appraiser exam with a score of 79% or higher

Curious about becoming an appraiser? Download our 60-paged eBook written by a State Certified Appraiser that provides an in-depth look into the profession!

Resources:

Montana Board of Real Estate Appraisers

 

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