|
The South Carolina Real Estate Appraiser Board acts to regulate all matters pertaining to the conduct and activities of real estate appraisers. The Board regulates through the effective administration of the Real Estate Appraisers Act and Regulations (Title 40, Professions and Occupations, Chapter 60, Real Estate Appraisers, the "South Carolina Real Estate Appraiser License and Certification Act").
All individuals who would like to become a South Carolina real estate appraiser must meet minimum qualifications. For example, all applicants must be 18 years of age, submit proof of completion of qualifying education, and pass an examination (please read below for additional information). As per South Carolina appraiser law, it is unlawful for an individual to assume or use title, designation, or abbreviation likely to create the impression that the person is a real estate appraiser. Further, to become a South Carolina certified appraiser, collegiate level courses are required. Courses include.
- English Composition
- Micro Economics
- Macro Economics
- Finance
- Statistics
- Business or Real Estate Law
- Algebra, Geometry, or higher mathematics
The South Carolina Real Estate Appraiser Board consists of seven members who must be residents of South Carolina and appointed b y the Governor. The South Carolina Rreal Estate Appraiser Board is located in Columbia, SC.
- One is a member of the general public.
- One is a licensed real estate broker.
- One is actively engaged in mortgage lending..
- Four members must be licensed of certified real estate appraisers.
The State of South Carolina Island has 46 counties.
| Abbeville |
Aiken |
Allendale |
Anderson |
| Bamberg |
Barnwell |
Beaufort |
Berkeley |
| Calhoun |
Charleston |
Cherokee |
Chester |
| Chesterfield |
Clarendon |
Colleton |
Darlington |
| Dillon |
Dorchester |
Edgefield |
Fairfield |
| Florence |
Georgetown |
Greenville |
Greenwood |
| Hampton |
Horry |
Jasper |
Kershaw |
| Lancaster |
Laurens |
Lee |
Lexington |
| Marion |
Marlboro |
McCormick |
Newberry |
| Oconee |
Orangeburg |
Pickens |
Richland |
| Saluda |
Spartanburg |
Sumter |
Union |
| Williamsburg |
York |
|
|
There are four levels of South Carolina real estate appraisers.
- Real Estate Appraiser Apprentice
- Licensed Real Estate Appraiser
- Certified Residential Real Estate Appraiser
- Certified General Real Estate Appraiser
1. Real Estate Appraiser Trainee
- Must have 75 hours of qualifying education.
- No experience is required.
- Work under the supervision of a certified appraiser.
2. Licensed Real Estate Appraiser
- Must have 150 hours of qualifying education.
- Must have at least 24 months of appraiser experience.
- Must have earned 250 experience points in appraising either residential or nonresidential properties.
- Pass the South Carolina licensed residential examination.
3. Certified Residential Real Estate Appraiser
- Must have 200 hours of qualifying education.
- Must have at least 24 months of appraiser experience.
- Appraiser experience of 2,500 hours is required.
- Must have earned 312.5 experience points in appraising either residential or nonresidential properties.
- Must have an Associate Degree or higher or 21 semester hours from an accredited institution.
- Pass the South Carolina certified residential examination.
4. Certified General Real Estate Appraiser
- May appraise all types of real estate.
- Must have 300 hours of qualifying education.
- Appraiser experience of 3,000 hours is required.
- Must have earned 375 experience points in appraising either residential or nonresidential properties.
- Must contain 1,500 hours of non residential real estate work.
- Must have a Bachelor's Degree or higher or 30 semester hours from an accredited institution.
- Pass the South Carolina certified general examination.
South Carolina real estate appraisers are required to follow the standards of practice contained within the Uniform Standards of Professional Appraiser Practice (USPAP). Also, in order to qualify as a state apprentice, licensed or certified appraiser, an applicant must meet the requirements established by the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB) of the Appraisal Foundation. South Carolina appraiser law is in compliance with federal guidelines as per the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989.
If you would like to find a job as a South Carolina Real Estate Appraiser, click here.
South Carolina Real Estate Appraiser Search
The Appraisal Process -
Overview of the on-site inspection, report generation, and respective guidelines. |
