Opportunities in Appraisal

Do you want to acquire new, specialized skills? Gain professional status? Pave the way for a more-flexible, independent career lifestyle? If so, the field of real estate appraisal may be the right choice.

Appraisal is an integral part of many real estate transactions. It’s a vital component that determines the value of a lot, a home, or commercial property. It’s a respected field that offers the chance for a flexible career schedule and independence. Which is why real estate appraisal could be an ideal career choice for you!

A Needed Professional

Many thousands of real estate transactions take place every day, including new home purchases, re-sales and refinances. It’s likely that before most of these transactions can close, a professional appraisal will be needed.

Requirements

Regulations for becoming a real estate appraiser vary from state to state. After graduation, some states may grant provisional status, allowing you to appraise for federally guaranteed loans if you get a state-certified appraiser’s endorsement. Once you have the required on-the-job hours (2,000 in most states, or about 500 to 700 appraisals) and pass your state’s test, you should be licensed. For details, as well as any educational requirements or regulatory prerequisites you must meet for entry-level employment as a real estate appraiser, you should contact the appropriate regulatory agency in your state.

Training is Key

The Professional Real Estate Appraisal Skills Program provides broad, in-depth knowledge of the appraisal process. This includes market analysis, property inspections, estimating value, choosing comparables, using documentation and starting and marketing a private appraisal business. Throughout the course, hands-on projects let you learn by doing, helping to lock in key career skills. One lesson, for example, teaches how to write a Uniform Residential Appraisal Report (URAR), the nationally recognized format for documenting real estate appraisals. Our course allows you to become familiar with it in an easy-to-follow manner. By graduation, you should have solid, professional-level skills. These could help you proceed into real estate appraisal. You could be ready to take your state’s required training and exam, and start working toward full certification.

Enroll online or call 1-800-535-1613 to speak with an Admission Advisor!