News

By the authority established by 24 Del. C. §4006(a)(1) and the Administrative Procedures Act, 29 Del. C., Chapter 101, the Delaware Council on Real Estate Appraisers adopted new regulations. Specifically, amendments were made to Regulation sections 2.0 Appraiser Licensing and Certification, 4.0 General Appraisal Practice and 9.0 Appraisal Management Companies. The final regulations are available here.

Please review these new regulations, which became effective on November 11, 2024. The amended regulation changes apply from that date forward with respect to the Delaware Council on Real Estate Appraisers.

Objective and Function

The primary objective of the Delaware Council on Real Estate Appraisers is to protect the public from unsafe practices and practices which tend to reduce competition or fix prices for services. The Council must also maintain standards of professional competence and service delivery. To meet these objectives, the Council

• develops standards for professional competency
• promulgates rules and regulations
• adjudicates complaints against professionals and, when necessary, imposes disciplinary sanctions.

The Council issues three categories of licenses to real estate appraisers (RPAs) – licensed RPA, certified residential RPA and certified general RPA – as well as trainee appraiser licenses. The Council also issues temporary practice permits, certifies assessors and licenses appraisal management companies.
The Council’s statutory authority is in 24 Del. C., Chapter 40.

Meetings

Unless notified otherwise, the Council meets the third Tuesday of each month at 9:30 a.m., except for August and December. All meetings are open to the general public and are held in the Cannon Building, 861 Silver Lake Boulevard, in Dover. The meeting schedule is available at the State of Delaware public meeting calendar.

The Council may need to review and approve your application for licensure and will only review a complete application. A complete application includes your application and any documentation submitted through DELPROS and/or any documents submitted through the mail or email from third-parties. The Council will review your documentation at its next scheduled meeting.