Real Estate Appraiser
How to Become a Real Estate Appraiser
Real Estate Appraiser Job Duties
Skills and Qualities of a Real Estate Appraiser
Real Estate Appraiser Salary
Influential Professional Real Estate Appraisers
Leading Real Estate Appraiser Organizations
Top Cities for Real Estate Appraisal Jobs
Other Careers of Interest
You can find several courses for becoming a real estate appraiser by looking at your local community colleges and doing an internet search in your local area as well as contacting any real estate agency, these agencies can generally provide you with a person to contact for more information.
Armed with these guidelines the appraiser will visit the property and fill out a report utilizing computers to access the data they need and write part of the report while physically on the property. That report includes specific detail about the property which is then compared to three other pieces of property that are all similar. The appraiser will make note of any obvious structural damage such as a noticeably damaged roof or a foundation that is damaged or severely aged. They then take into consideration the market value of other homes or business in the area and what the market value is for the community. The type of community is also important when appraising a home or a business with zoning laws in place. It is often hard to sell a home that sits in the middle of a new business development and vice versa. Therefore the suspected amount of time the home or business will be listed for sale also contributes to the appraiser being able to determine the value.
Real estate appraisers will have independent clients and only place values on one property at a time. In the future it is expected that real estate appraisers will be needed for litigation claims, probate cases, foreclosures and even settlements in divorces.
As of 2008 all real estate appraisers are required to have a bachelor's degree or credit hours equivalent to it. The degree is usually in a field such as economics, finance or real estate that is related to the appraisal field. There is also training done on the job that is vital to becoming a real estate appraiser that used to be completed at a financial institution or real estate office.
The type of property being appraised and the state often reflect how much an appraiser will earn.
A residential appraiser just starting out can expect to earn between $30,000 and $50,000 a year. A business appraiser just starting out can expect to earn between $50,000 and $90,000 a year.
Gregg Larson is the CEO of Clareity Secruit and leads the field in breakthroughs concerning security in the real estate industry. Doug Lebda is the President and chief operating office of IAC. These three men were among the top 100 influential real estate leaders in 2007.
When it comes to the top cities for jobs as a real estate appraiser if you look at the pay then the metropolitan areas that come in the top three are Deltona-Daytona Beach -Ormond Beach Florida at just over $75,000 annually, Pittsfield, Ma at just over $53,000 and Anderson, IN at just under $41,000 annually on average. The highest concentration of real estate appraisers are found in Pittsfield, MA, St. George, UT and Deltona-Daytona Beach-Ormond, FL.
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