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Van Education Center appraiser training HOME APPRAISER LICENSE APPRAISER CE ABOUT VANED

Comprehensive online training to become a New Mexico real estate appraiser.
Online courses for all levels of NM appraiser license including USPAP.


New Mexico Real Estate Appraiser Licensing Courses Online


Available Appraisal License Courses

  • Apprentice Appraiser Courses
  • Licensed Appraiser Courses
  • Certified Appraiser Courses

    Most VanEd qualifying education course includes a book for use during the course and as a future reference. Nationally recognized appraisal authorities Henry S. Harrison, MAI, ASA, IFAS, DREI and Burton S. Lee, MAI, MRICS have written all textbooks and VanEd course material.

    Which courses should I choose?

    Without prior qualifications, we recommend start with the New Mexico Basic Appraisal Principles Course or Basic Education Package. They offer you the first required class at a significant discount compared to other providers. Multiple payment programs are also available!

    PLEASE NOTE: New Mexico allows only 50% of your licensing education to be taken online.


  • FREE Trial Enrollment
     Courses with this button are eligible for a 5 day free trial enrollment. Unlike other schools, we don't hide our courses until after you pay, so explore for yourself with no obligation!


    Veteran's Discount

    Veterans receive 10% off all licensing programs!

     Apprentice Appraiser Courses 

    **NEW!

    2014 - 2015 15 hr USPAP Course


    Credit Hours: 15
    Text Books: No book required.
    This course focuses on the requirements for ethical behavior and competent performance by appraisers that are set forth in the USPAP. Course material emphasizes the role of the appraiser and the impartiality associated with this role. This course is designed to aid appraisers seeking competency in USPAP, in all areas of appraisal practice including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers. VanEd is partnering with Career WebSchool to offer this course.

    Partner School Course
    Click to Purchase
    **NEW!

    Appraiser Exam Prep

      Course Details
    Credit Hours: 0
    Text Books: No book required.
    This course reviews all the material, including the updated USPAP standard, that an appraisal student needs to pass both the Trainee & Licensed Appraiser qualifying exams. Includes over 300 pages of review material, 1500 practice exam questions, a 1500 term glossary, and a testing system that tells you exactly what topics you need to review the most.
    $79 
    Click to Checkout

     Licensed Appraiser Courses 

    **NEW!

    Appraiser Exam Prep

      Course Details
    Credit Hours: 0
    Text Books: No book required.
    This course reviews all the material, including the updated USPAP standard, that an appraisal student needs to pass both the Trainee & Licensed Appraiser qualifying exams. Includes over 300 pages of review material, 1500 practice exam questions, a 1500 term glossary, and a testing system that tells you exactly what topics you need to review the most.
    $79 
    Click to Checkout

    Vaned Appraiser School Better Business Bureau Reliability Report
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    Van Education Center - Appraisal
    4801 Riverbend Road, Boulder CO 80301
    (800) 455-8348

    New Mexico Appraiser License Information

    The New Mexico Real Estate Appraisers Board has identified three levels of real property appraisal classification:

    • Apprentice Appraiser
    • Licensed Appraiser
    • Certified Appraiser

    The New Mexico Real Estate Appraisers Board has established the minimum educational requirements for an appraisal license. The minimum educational requirements include the following:

    Apprentice Appraiser

    A holder of an apprentice registration, but not a license or certificate, is authorized to prepare appraisals of all types of real estate or real property, provided such appraisals are not described or referred to as 'state licensed' or 'state certified' and provided further, the apprentice appraiser does not assume or use any title, designation or abbreviation likely to create the impression that he/she is a state-licensed or state-certified real estate appraiser. Apprentices are not qualified to perform under FIRREA, Title XI. Applicants for apprentice real estate appraisers in the state of New Mexico must:

    • be a legal resident of the United States;
    • have reached the age of majority;
    • prove successful completion of real estate appraisal education of at least 75 board-approved classroom hours; real estate appraisal education programs completed for credit toward this requirement shall include coverage of the following topics, with emphasis on ethics, and basic appraisal principles and procedures in: basic appraisal principles - 30 hours; basic appraisal procedures - 30 hours; and the 15-hour national USPAP course or its equivalent;
    • courses taken in satisfying the qualifying education requirements shall not be repetitive in nature; each course credited toward the required number of qualifying education hours shall represent a progression in which the appraiser's knowledge is increased and none may be taken on-line;
    • demonstrate to the board that he/she is honest, trustworthy and competent;
    • successful completion of a written examination on the New Mexico Real Estate Appraisers Act, administered by the board;
    • pay the fees set out in 16.62.12.8 NMAC;
    • submit a duly made application to the board office.
    Licensed Appraiser

    A holder of a license may appraise complex residential or nonresidential real estate provided such appraisals are not described or referred to as meeting the requirements of FIRREA. The holder of a license may not assume or use any title, designation or abbreviation likely to create the impression of certification.

    For federally related transactions, the licensed real estate appraiser classification applies to the appraisal of non-complex one to four residential units having a transaction value less than $1,000,000 and complex one to four residential units having a transaction value less than $250,000.

    Complex one-to four-family residential property appraisal means one in which the property to be appraised, the form of ownership, or the market conditions are atypical. For non-federally related transaction appraisals, transaction value shall mean market value.

    All licensed real estate appraisers must comply with the competency rule of the national uniform standards of professional appraisal practice (USPAP).

    Applicants for licensure in the state of New Mexico must:

    1. be a legal resident of the United States;
    2. have reached the age of majority;
    3. prove successful completion prior to November 15, 2007, of 90 classroom hours of board approved real estate appraisal education; real estate appraisal education programs completed for credit toward this requirement shall include coverage of the following topics, with emphasis on ethics, and basic appraisal principle and procedures in: basic principles - 30 hours; basic appraisal procedures - 30 hours; the 15-hour national uniform standards of professional appraisal practice (USPAP) course or its equivalent; and a minimum of 15 hours from one or more of the following:
      1. residential market analysis and highest and best use;
      2. residential appraiser site valuation and cost approach;
      3. residential sales comparison and income approaches;
      4. residential report writing and case studies;
    4. submit application for acceptance of appraisal courses no later than November 15, 2007; education courses which do not meet the appraiser qualifications board (AQB) criteria effective January 1, 2008 cannot be carried forward after December 31, 2007;
    5. prove (effective January 1, 2008 and thereafter an applicant for licensure, not completing their education requirement prior to December 31, 2007) successful completion of real estate appraisal education of at least 150 board-approved classroom hours as outlined in the required core curriculum of the appraiser qualifications board (AQB); real estate appraisal education programs completed for credit toward this requirement shall include coverage of the following modules (no more than 50% of the courses from courses d. through g. may be from courses offered over the internet or distance learning modalities):
      1. basic appraisal principles 30 hours
      2. basic appraisal procedures 30 hours
      3. the 15 hour national USPAP course and examination 15 hours
      4. residential market analysis and highest and best use 15 hours
      5. residential appraiser site valuation and cost approach 15 hours
      6. residential sales comparison and income approaches 30 hours
      7. residential report writing and case studies 15 hours
    6. successfully complete the appraiser qualifications board (AQB) approved licensed real estate appraiser examination; there is no alternative to successful completion of the examination; successful completion of the examination is valid for a period of 24 months, and the applicant must meet the requisite experience requirement within 24 months;
    7. courses taken in satisfying the qualifying education requirements shall not be repetitive in nature; each course credited toward the required number of qualifying education hours shall represent a progression in which the appraiser's knowledge is increased;
    8. demonstrate to the board that he/she is honest, trustworthy and competent;
    9. successfully complete a written examination on the New Mexico Real Estate Appraisers Act, administered by the board;
    10. pay the fee set out in 16.62.12.8 NMAC;
    11. meet the minimum criteria for state licensure issued by the appraisers qualifications board of the appraisal foundation;
    12. submit a duly made application to the board office.

    New Mexico Appraiser Regulatory Agency

    New Mexico Real Estate Appraisers Board
    Mr. Ricardo Campos: Board Administrator
    2550 Cerrillos Road, Second Floor
    Santa Fe, NM 87505
    (505) 476-4860
    Click for State Website