Support
FAQs
Contact Us
Cart
FAQs
Contact Us
Order Summary
Go to Cart Promo codes can be applied in the cart.
Appraisal/ Qualifying Education/ New Mexico/ Basic Appraisal Principles
Return to course listing

Basic Appraisal Principles

$435
This product includes:
Elective Hours: 30 Mandatory Hours: 0 Total Hours: 30
Description
State Requirements

This course provides 30 hours of instruction in basic appraisal principles, which satisfies a portion of the Appraisal Qualifications Board (AQB) qualifying education for aspiring professionals. Topics include an introduction to the appraisal profession, real estate concepts and property characteristics, ownership, interests, and rights, title and transferring real estate, and an introduction to contracts and leases appraisers may find in real estate. The course also dives into types of and approaches to value, influences on real estate, economic principles, and real estate markets. The course closes on the ethics in theory and practice of appraisal along with valuation bias, fair housing, and equal opportunity that will be top of mind in an appraisal practice.

Package Content:

State Requirements For New Mexico

New Mexico State Requirement Details for Appraiser Trainee Qualifying Education

Hours Required by the State: 87 hours

  • 30-hour Basic Appraisal Principles
  • 30-hour Basic Appraisal Procedures
  • 15-Hour National USPAP Course
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course*
  • 4-hour Supervisory Appraiser/Trainee Appraiser Course

*Beginning January 1, 2026, an 8-Hour Valuation Bias and Fair Housing Laws and Regulations course will be required for Qualifying Education when earning or upgrading a credential.

 

The CE Shop’s Offering: 87 Hours

  • 30-hour Basic Appraisal Principles
  • 30-hour Basic Appraisal Procedures
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course
  • 15-hour National USPAP Course
  • 4-hour Supervisory Appraiser/Trainee Appraiser Course 

Reporting: The state does not require schools to report course completions.

Proctored Final Exam: The state requires your final exam to be proctored.  You’ll need to schedule an appointment with an online proctor in advance. You can find full details of the proctoring process here. Upon passing the final course exam you will be asked to sign an affidavit verifying your identity as the student who completed the course and the final course exam. 

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Once The CE Shop has received the signed affidavit, your certificate of course completion will become available to download. The CE Shop will provide students with an electronic certificate of completion, upon completion of the course. Certificates will remain in your account for a minimum of five years, should you need additional copies. Please refer to your license application to determine if you need to submit your certificate of completion with your license request. Course completion dates are recorded using Central Standard Time. Please note that the date of your certificate of completion will reflect this.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

The CE Shop’s Offering: 87 hours

·         30-hour Basic Appraisal Principles

·         30-hour Basic Appraisal Procedures

·         15-Hour National USPAP Course

·         8-hour Valuation Bias and Fair Housing Laws and Regulations course

·         4-hour Supervisory Appraiser/Trainee Appraiser Course

New Mexico Real Estate Appraisers Board

Street Address: Real Estate Appraisers Board 5500 San Antonio Drive NE, Suite B Albuquerque, NM 87109

Telephone:  (505) 222-9824

Email: nm.reab@rld.nm.gov

Manage your License

Application and Requirements