Summer 2004 - Alabama Real Estate Appraisers Board-2025

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The document is a bulletin from the Alabama Real Estate Appraisers Board, detailing updates and requirements for appraisers in Alabama. It announces the adoption of the ANSI Z765 standard for measuring square footage in residential appraisals effective October 1, 2004, outlines new education criteria for appraiser certification set to take effect in 2008, and emphasizes the necessity of obtaining proper licenses or temporary permits for appraising properties in Alabama. Additionally, it discusses disciplinary actions taken against appraisers for various violations and provides guidance on ethical practices regarding client confidentiality and readdressing appraisal reports.
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  1. Click ‘Get Form’ to open the Summer 2004 - Alabama Real Estate Appraisers Board document in the editor.
  2. Begin by reviewing the introduction section, which outlines important updates regarding ANSI standards for square footage calculations. Familiarize yourself with these changes as they are crucial for compliance.
  3. Proceed to the 'Required Trainee Orientation' section. Fill in your details if you are a trainee, including your name and contact information, to ensure you receive notifications about upcoming training sessions.
  4. In the 'AQB Education Criteria Increases' section, note any changes that may affect your educational requirements. If applicable, make a checklist of courses you need to complete before the effective date.
  5. Complete the 'Change of Address Form' at the end of the document if you have moved. Ensure all fields are filled accurately, including your new business and home addresses.

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It Takes Time to Become an Appraiser Each license has its own appraisal education, experience, and exam requirements. The highest two license levelsCertified Residential Appraiser and Certified General Appraiserrequire some college coursework or a bachelors degree.
Much of this shortage is due to the aging population of appraisers facing retirement, the challenge of attracting new talent entering the profession, and stringent government regulations and certification requirements.
However, going back as far as the GSEs have been reporting appraisal data (over a decade), 2022 marks the slowest September and October months the industry has seen to-date. Assuming the trend does not reverse, we are likely in for the lowest volume winter months this industry has seen in decades (or ever).
While ZipRecruiter is seeing salaries as high as $108,565 and as low as $33,548, the majority of Real Estate Appraiser salaries currently range between $86,200 (25th percentile) to $88,100 (75th percentile) with top earners (90th percentile) making $108,564 annually in Arizona.
The Future: AI and Appraisers, Partners in Progress As AI technology continues to evolve, its role in real estate appraising will likely expand, presenting new opportunities for innovation and growth. However, the partnership between AI and appraisers will remain essential.

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More recent reports show the shortage worsened over the course of the pandemic, when purchases and refinances were abundant. Since 2013, roughly 10,000, or 13%, of appraisers have left the industry, according to the Appraisal Institute, but thats just the beginning.
How Long Does It Take to Get an Alabama Licensed Real Property Appraiser License? Trainee Education Requirements79 hours Residential Appraisal Education Requirements 75 hours Required Appraisal Experience 8-10 months Full-Time Pace: (40 hrs/week) 8-10 months Part-Time Pace: (20 hrs/week) 16-18 months
Residential Real Estate Appraiser Salary in Alabama Annual SalaryMonthly Pay Top Earners $105,594 $8,799 75th Percentile $105,600 $8,800 Average $96,566 $8,047 25th Percentile $85,700 $7,141

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