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Get Your Maine Real Estate Appraiser License

Become a Maine real estate appraiser with AQB-approved online appraisal courses

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Choose the Maine online real estate appraisal courses that are right for you

All individual Maine real estate appraisal courses are self-paced, state-approved and conveniently available anytime, anywhere.

Basic Appraisal Principles

Format | Online Self-Paced

Credit Hours | 30

Category | New License

SKU | 558ME063001

$349.00
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Ready to gain a solid foundation in appraisal principles? This appraisal class provides the knowledge needed for an appraisal career, including: legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value, real estate markets and analysis, ethical considerations and highest and best use. This 30-hour online course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.

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Basic Appraisal Procedures

Format | Online Self-Paced

Credit Hours | 30

Category | New License

SKU | 558ME014001

$349.00
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Need a thorough insight into the process of valuation? Then this course is for you! During this 30-hour appraisal course curriculum, you'll learn the three approaches used by appraisers to reach the opinion of value - income capitalization, sales comparison and cost - and how to derive multipliers and rates. You'll also be guided through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and how to conduct market research and reconciliation. You'll get hands-on experience by completing crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30-hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser.

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Maine Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Maine Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.

Maine Appraisal Licensure Levels:

  • Trainee Real Property Appraiser
  • Licensed Residential Real Property Appraiser
  • Certified Residential Real Property Appraiser
  • Certified General Real Property Appraiser

Maine Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Must meet the educational requirement for the applying level of licensure
  • Must meet the experience requirement for the applying level of licensure
  • For Certified Residential level:  A minimum of an Associates Degree OR 21 college semester hours in specific subject matters is also required
  • For Certified General level:  A minimum of a Bachelors Degree OR 30 college semester hours in specific subject matters is also required
  • Satisfactory completion of the state examination (Trainees are not required to take a state exam)
  • Submit application, required documents, and associated fees
  • Trainee licenses are issued for a period of one year and may be renewed five times. If you do not complete the requirements for licensure by the end of the sixth year, you must re-apply for another trainee license

Maine Appraisal Education Requirements:

  • 75 hours for the Trainee Real Property Appraiser which consist of the following courses:  Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
  • 150 hours for the Licensed Residential Real Property Appraiser which include the same hour requirement as the Trainee level AND:  Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
  • 200 Hours for the Certified Residential Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND:  Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
  • 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND:  Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)

Experience Requirements:

  • Trainee Real Property Appraiser – No experience requirement
  • Licensed Residential Real Property Appraiser – 2000 hours in no less than 12 months
  • Certified Residential Appraiser – 2500 hours in no less than 24 months
  • Certified General Appraiser – 3000 hours in no less than 30 months with at least 1500 hours of experience in non-residential appraisals 

Maine Appraisal Continuing Education Requirements:

  • All appraiser licenses expire annually on December 31st 
  • Appraisers must complete 14 hours of continuing education each renewal cycle 
  • All appraisers must take the 7 hour USPAP Update course or its equivalent in even number years. 

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