Regulation: N.M. Admin Code 22.214.171.124
State Site: http://www.rld.state.nm.us/boards/Real_Estate_Appraisers.aspx
Solo Inspection Required: 50 Assignments
License Type: Real Estate Appraiser Trainee
Solo Inspection Details: Residential = first 50 assignments; after that point, the trainee may perform the inspection without the presence of the supervisor provided the trainee is competent to perform those inspections in accordance with the competency rule of USPAP for the property type. The supervisor and trainee must have their primary business location in New Mexico.
Requirements to be a Supervisor: 3 years certified appraising, complete this form HERE.
Requirements to get Trainee Hours: 15-hour USPAP, 60 hours of appraisal coursework, apply online HERE.
Application Cost: $200
Note: States update regulations frequently. Please ensure you go to the state website to verify requirements. Additionally, please follow your applicable state requirement standards set by the Appraiser Qualification Board (AQB).