Real estate agents aren’t the only people in the real estate field who can rake in the cash. Home inspectors and home appraisers can make a very comfortable living. So if you want to get into real estate, but don’t want to sell homes, consider these two options.
While many appraisers enjoy the benefits of self-employment, positions with firms such as appraisal companies, financial institutions, and county assessor’s offices are just a few of the many opportunities for employment and on-the-job training. If you are a real estate professional, you’ll find your knowledge of real property appraisal a decided advantage.
In this article, you will learn the steps it takes to become a Licensed Residential Appraiser. Once you become a Licensed Appraiser, you will be able to perform appraisals on your own. At the Licensed Appraiser level, you can appraise non-complex, one- to four-unit residential properties less than $1,000,000 and complex one- to four-unit residential properties less than $250,000 in market value.
Do you want to become a Certified Residential Real Estate Appraiser? A Certified Residential Appraiser is qualified to appraise one-to-four residential units without regard to value or complexity.
If you've considered a career in residential real estate appraisal, this might be the best time to start. Find out why the demand for appraisers is on the rise.
The Appraisal Qualification Board of the Appraisal Foundation has adopted new criteria for obtaining a license. There are changes to degree requirements, hours of experience, and time required to obtain a license.
With a new version of the Universal Standards of Professional Appraisal Practice (USPAP) effective January 1, 2018, the Appraisal Standards Board (ASB) has issued three new FAQs and the 2018-2019 USPAP version.
As appraisers, we often get revisions from clients requesting some of the oddest changes. With Fannie Mae (FNMA) guidelines changing frequently over the last few years, are some of these revisions reasonable, necessary, or reflective of the assignment conditions for the appraiser?
The AQB has reviewed the relationships and practices of supervisory appraisers with their trainees. Effective January 1, 2015, new requirements will go into effect for supervisor and trainee appraisers. Read more to find out what this means for appraisers.
The Appraisal Foundation adopted changes to the Real Property Appraiser Qualification Criteria that represent minimum national requirements each state must implement no later than January 1, 2015. The Appraiser Qualifications Board (AQB) establishes the minimum education, experience and examination requirements for real property appraisers to obtain a state license or certification.
If you’re trying to get more appraisal assignments, contacting AMCs in your area may be a great start. Many states have their own list of registered appraisal management companies. Read more to find out how to get a list of AMCs in your area.
There are many myths going around about appraisals and the role they play during the home buying process. Here, some of the top appraisal myths are debunked.
Announcing a new partnership with appraisal authors Jeffrey Johnson and Tony Lesicka, to implement real-world appraisal examples from the pair’s popular textbook into a new appraisal continuing education course.