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Lee Institute School of Real Estate

Live Classes & Online Courses

Call us - (800) 649-0008
(Outside 617 Area Code) or Direct - (617) 734-3211
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Preparing Massachusetts Real Estate Professionals Since 1956

mortgage

MORTGAGE

101 BOOT CAMP
comprehensive-course

20 HOUR SAFE

COMPREHENSIVE COURSES
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ONLINE INSTRUCTOR

LED MORTGAGE COURSES

Testimonials

Yes, the Lee Institute is approved to offer this program in real time and is approved by the Massachusetts Real Estate Board. 
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Important Appraisal Education Information

Click to access Appraisal course LOCATIONS and SCHEDULES.

Click to view APPRAISAL COURSE DESCRIPTIONS


HOW TO BECOME A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE

The introductory level real estate appraiser license is the trainee or apprentice license. A trainee/apprentice can appraise real estate properties but only under the supervision of a licensed or certified appraiser.
In Massachusetts, currently the educational requirement to become a trainee is 75 hours of instruction. The Lee institute suggests the applicant enroll in the following three courses:
Other states such as ME, NH, CT, and RI require 75 hours of educational credits to become a trainee/apprentice in that state. The Lee Institute offers several courses approved in these states that fulfill these requirements.
The courses approved are in MA, NH, RI, CT, and ME to satisfy the above trainee/apprentice courses as curriculum requirements.
Additional web-site information regarding licensure in MA, ME, NH, RI, CT can be found by clicking on that state's abbreviation. NOTE: All state approvals and course offerings are subject to change! Please contact us at 617-734-3211 for more information in your state.
Additional info from the Appraisal Foundation
Successful completion of the required courses and hours, including passing the written examinations given by the Lee Institute, submission of a trainee application to the state's licensing agency, and payment of the license fee entitles the trainee candidate to a trainee/apprentice license. The term of the Massachusetts trainee's license is for three years and may be renewed, but only three renewals in a ten year time before moving up in licensure to a state licensed appraiser. All Massachusetts trainees must appraise property only under the supervision of a Massachusetts licensed or certified appraiser and for a minimum of two years before seeking another license credential.  

EFFECTIVE JANUARY 1, 2015 CHANGES TO EDUCATIONAL REQUIREMENTS:

A Bachelor's Degree or higher from an accredited college or university is required to obtain licensure as a State-Certified Residential or State-Certified General Real Estate Appraiser. 

Effective January 1, 2015, an Associate's Degree or higher from an accredited college or university or 30 semester hours of college-level education from an accredited college or university is required to obtain licensure as a State-Licensed Real Estate Appraiser.

Any applicant taking the State-Licensed or State-Certified Real Estate Appraiser Examination on or after January 1, 2015 must meet the 2015 Real Property Appraiser Qualifications Criteria on the date of the examination. Per the AQB, there will be no exceptions and no grandfathering provisions.

Applicants lacking the aforementioned education must pass the requisite appraiser examination on or before December 31, 2014 (no exceptions).

Lastly, any applicant lacking the aforementioned education must remit a completed application by December 15, 2014 to the Board to ensure adequate time to process the application and the Board's review of the applicant's remitted appraisal reports. 

Please visit the Board's websitge at www.mass.gov/dpl/ra for the Board's rules and regulations.

If you have any questions, you may call the Board at 617-727-3055. 

The Lee Institute offers several courses approved in MA, NH, RI, CT, and ME to satisfy these new core course curriculum requirements.
Additional web-site information regarding licensure in MA, ME, NH, RI, CT can be found by clicking on that state's abbreviation.  
Additional info from the Appraisal Foundation

USPAP 7-HOUR UPDATE REQUIRED FOR All LICENSEES:

All Massachusetts licensees (trainees, state licensed and certified appraisers) are required to attend the 7-Hour USPAP update to maintain and renew their license. Generally, a licensee must attend the 7-Hour USPAP Update with each new addition of USPAP but at a minimum of every 24 months.
It is suggested that the licensee consult Board's website for more information about this important license requirement.Don't get caught short by not having enough USPAP credits before you must renew.
  

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