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Comparing the Best Real Estate Appraisal Courses in New York (2022 Update)

Last updated on January 7, 2022

The Best Real Estate Appraisal Courses in New York

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So you want to be a real estate appraiser in New York?

Then you have to start from the very beginning. In this case, it is to gain basic appraisal knowledge.

In New York, that means you have to study required 79-hour appraisal qualifying education (QE) courses. 

The great news is that you can take these courses online!

And this is where we come in. 

As you might expect from the title, we’re going to give you the best real estate appraisal courses in New York. Rest assured that all these courses are state-approved and 100% online.

This article will help you find the best provider for YOU. So let’s get started right away!

The 4 Best Online Real Estate Appraisal Courses in New York

Here’s a list of the 4 best schools/institutions that offer online real estate appraisal courses in NY:

  1. McKissock Learning
  2. New York Real Estate Institute
  3. Appraisal Institute
  4. Real Estate Education Center (REEDC)

Let’s check out these schools/institutions in detail. 

McKissock Learning

The Best Real Estate Appraisal Courses in New York (2022) McKissock

Since its inception in 1991, McKissock has significantly grown and become an industry leader in online real estate education

It has been one of America’s best appraisal schools for years and continues to widen its reach by teaming up with other online schools in the country. It has even partnered with The Appraisal Foundation on the official USPAP courses. 

Since McKissock has way more experience than most of its competitors, it is a provider you can be confident in and count on entirely.

They are well known for continuously updating their materials so you learn about the developments and current trends in the industry. The school also regularly upgrades its platform to provide the students the best learning experience. 

Now, McKissock has two delivery formats for New York appraisal courses. These are:

  • Self-paced 

  • Live-stream

Self-paced online courses are available in three different packages, which range from around $900 to $1,400. The Unlimited Learning Subscription package offers premium features, which include access to 300 hours worth of online appraisal courses, career development tools, Q&A sessions with your instructor, and much more. 

The Live-stream package, on the other hand, costs around $1,580 and is held via WebEx. Class slots are limited, and schedules are pre-arranged. So if you like studying at home but with a live instructor, this is your best option. 

The Best Real Estate Appraisal Courses in New York (2022) New York Real Estate Institute

New York Real Estate Institute is a home-grown education provider that has been in the business for more than 25 years. It has helped around 100,000 real estate students achieve their dreams.

Aside from quality QE courses, their faculty consists of real estate industry experts with years and years of experience in appraisal. The school is also approved by the New York Department of State and is rated A+ by the Better Business Bureau (BBB). 

What’s more, NYREI gives back to the community and helps various non-profit organizations such as Computers for Youth, Citymeals-on-Wheels, and Starlight Children’s Foundation. 

The drawback with New York Real Estate Institute, however, is its course fees are more on the expensive side. The trainee package, which consists of six classes, costs about $1,800, while the complete bundle, which includes the USPAP, costs about $2,000. You can purchase the courses individually, but you will save more than 10% if you avail of the package. 

The Best Real Estate Appraisal Courses in New York (2022) Appraisal Institute

Appraisal Institute is a globally recognized organization of appraisers who hold the highest designations. It aims to promote professionalism and non-discrimination in the industry by providing high-quality education not only to its members but to many aspiring appraisers in the country. 

At AI’s Metropolitan New York Chapter, you can choose from online self-paced lessons, live virtual, and in-person classes that are priced around $200 each. Check here for the schedule.

If you have a busy lifestyle and prefer flexible study schedules, or you enjoy having some degree of social interaction, the Appraisal Institute has an option for you. 

And, as you later advance further in your career, you can take a big step by joining AI for professional development purposes. 

The Best Real Estate Appraisal Courses in New York (2022) REEDC

Real Estate Education Center or REEDC has been assisting people to find success in real estate for the past 30 years. 

Its courses and instructors are accredited by the New York Department of State (NYDOS), New York Department of Financial Services (NYDFS), and the Nationwide Mortgage Licensing System (NMLS).

The best thing about REEDC is it does not only provide appraisal education but also guides your path towards the profession. 

With them, you will have a personal career advisor who will ensure that you are on track in completing your educational requirements. Your career advisor will also be your partner in helping you with your study needs.

Its appraiser assistant package, which includes Basic Appraisal Principles and Procedures, as well as the National USPAP course, costs around $900. You can purchase the other mandatory programs individually at around $350 each. 

These were the 4 best online real estate appraisal course providers in New York. However, if you want to see the full list of approved real estate appraisal schools in New York, click here.


Real Estate Appraisal in New York Frequently Asked Questions

Have any questions? 

Check our FAQs section below.

What are the requirements to become a real estate appraiser in New York?

To become a real estate appraiser in New York, you must first complete the education required for the license level you are applying for. You must apply with the NYS Department of State by completing the appropriate form available on their website

In New York, you must complete the first phase which is to become an appraiser assistant/trainee. 

What are the education requirements for an appraiser assistant in New York?

The state of New York requires all new appraiser assistant applicants to complete 79 hours of qualifying education. It consists of the following:

  • 30 hours of Basic Appraisal Principles (R-5)
  • 30 hours of Basic Appraisal Procedures (R-6)
  • 15 hours of National USPAP
  • 4 hours of Supervisor-Trainee Appraiser Course

An application must be made within five years of completing the above educational requirements. 

How much does it cost to become an appraiser assistant in New York?

Course fees may cost from around $1,500 to $2,000 depending on the school you choose. Other costs you will or may incur are as follows:

  • Initial Application - $250
  • Renewal (of appraiser assistant classification) - $250
  • Late Renewal Fee - $200
  • Duplicate License/Registration Request - $10
  • Fee for Change in Name (except if resulting from marriage) or Address - $10

Conclusion

There isn’t a scarcity of real estate appraisal schools in New York, especially because of the growing need for professional appraisers in the country. However, there are still some schools that stand out in terms of quality of education and performance. 

The above schools are no doubt 4 of the best in the state. Whichever you choose, know that it will help you get on the right track. 

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