New Jersey Senate Bill S1749

New Jersey 2026-2027 Regular Session

• Introduced: 1/13/26
• Refer: 1/13/26
• Failed: 1/13/26
• Passed: 1/13/26

Caption

Requires State Real Estate Appraiser Board to adopt alternative program to acquire experiential requirements for prospective real estate appraisers attempting to qualify for licensure or certification.

Impact

The bill's implementation would allow aspiring appraisers to fulfill up to 100 percent of their practical experience requirements through virtual simulations that encompass both appraisal theory and methodology. This modernization of the qualification process is intended to remove existing barriers and facilitate easier access to licensure for new entrants into the field. By adopting such an approach, the legislation aligns with progressive educational and mentorship practices in workforce development.

Summary

Senate Bill 1749, introduced in the New Jersey Legislature, seeks to modernize the licensure process for real estate appraisers by requiring the State Real Estate Appraiser Board to adopt alternative programs for fulfilling experiential requirements. Currently, prospective appraisers must find a licensed supervisor to gain necessary experience, a process which can be challenging due to a lack of formal pathways. This bill aims to streamline that process and make it more accessible to applicants looking to qualify as licensed real estate appraisers.

Contention

Notably, while proponents of SB 1749 applaud the intention to simplify the licensing process, there may be concerns regarding the adequacy of virtual training compared to traditional, hands-on supervision by licensed appraisers. Critics might argue that reliance on virtual simulations could potentially overlook critical real-world situations that direct supervision would more adequately address. Thus, proponents and opponents of the bill may engage in discussions regarding the balance between accessibility and the quality of training received by new appraisers.