A Career as a Real Estate Appraiser

Become a Real Estate Appraiser

Their is a high demand for real estate appraisers. Due to the shortage of appraisers, it is a great time to get into the business. But there is a catch!

Is a Career as a Real Estate Appraiser Right for You?

Manfred Real Estate Learning Center has been helping appraisers start and build their careers for over 30 years. Due to regulatory restrictions within the New York State Appraiser Board and Appraiser License Law, the Licensed Appraiser Assistant can no longer find adequate assistance from the Supervisory Appraiser to meet the state experience requirements, which has resulted in a lack of Appraiser Licensing education programs within the State of New York.

Before you decide to become a Licensed Appraiser Assistant in New York state, you must ask yourself, how do I find a Supervisory Appraiser to get experience hours? We highly recommend you do this before you decide to take any courses, so many of the Certified Residential Appraisers are not hiring Assistant Appraisers, not because they desperately need them but because the State of New York requires the Assistant Appraiser to be hand-held supervised by the Certified Appraisers for all of their experience hours. Which takes away from their existing workload and business functionalities.

As a result of this Manfred Real Estate Learning Center, Inc. will no longer offer classroom, live webinars or online courses to meet these Appraisal licensing requirements. Our school mission has always been about helping build careers and not just about selling courses or providing misguided information.

How do I find a Supervisory Appraiser to get Experience Hours?

You can start calling and interviewing with appraisers anytime. They will hire you as an assistant. After both you and your supervisor takes the supervisory/Training 4 hour course you can start documenting your hours. We recommend you do this before you decide to take any courses, so many of the Certified Residential Appraisers are not hiring Assistant Appraisers, not because they desperately need them but because the State of New York requires the Assistant Appraiser to be hand-held supervised by the Certified Appraisers for all of their experience hours. Which takes away from their existing workload and business functionalities.

Benefits of Getting My License as a Real Estate Appraiser.

High Income Potential
Diverse Career Paths
Flexible hours.

What exactly does an an appraiser do?

Every home, land, property has a value. An appraiser gives a written opinion of that value. Some of the day to day activities of an appraiser would be:

Photographing poperties
Searching county and city records to verify information
Inspect properties
Prepare reports
Create comparison
Develop conclusions of the value of properties.

How much money will I make?

Your earning will depend on your appraisal License level. According to Salary.com, Certified Residential Appraisers’ median income is $57,225 and Certified General Appraisers’ median income is $95,774 in 2017.

How much does the courses cost?

Tuition depends on the type of license you get. The more training hours needed, the higher the cost. The total cost for assistant is about $1500, certified residential is around $2000 and general your looking around $3500 – $4500 with textbooks.

Get Started Today

Real Estate Appraiser Classes No Longer Available in Webinars, Classrooms or Online

More Information

Overview of Real Estate Appraisal Licenses

There are four levels of appraisal licenses. Here is an overview of each type:

Assistant License

Type and value of property depends on credentials of supervisor.

College Education: None
Training Hours: 79 hours- must be completed within five year period prior to the date of application.
Experience Hours: None
Exam: None: Applicant is not eligible to take the exam for the category in which education has been completed until they meet the experience requirement for that category.
Available Via Webinar & Classroom.

Licensed Residential

Non complex 1-4 families residential units valued under $1,000,000 or complex 1-4 family nits valued under $250,000

College Education: None
Training Hours- 150
Experience Hours- 1,000 no less than 24 months
Exam: Yes National Uniform Licensing and Certification Examination. Exam results are valid for 24 months
Available via webinar & classroom

Certified Residential

1-4 residential units at any value or complexity. Cannot appraise subdivisions where a development analysis is necessary.

College Education: Bachelors (Additional Qualifications)
Training Hours: 200 hours- Education: 200 hours
Experience Hours: 1,500 no less than 24 months
Exam: Yes National Uniform Licensing and Certification Examination. Exam results are valid for 24 months
Available classroom & webinar