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.

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. Appraisal courses are available in the classroom and webinar.

  • High Income Potential
  • Diverse Career Paths
  • Flexible hours.

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.

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.

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 $1200, residential is around $2000 for certified and general your looking around $3500 – $4500 with textbooks.

You can purchase the course individually to break up the payments.

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.

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Real Estate Appraiser Classes Available in Webinars and in the Classroom

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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

Certified General

All types of properties at any value.

  • College Education: Bachelors or higher in any field.
  • Training Hours: 300
  • Experience Hours: 3000 no less than 24 months
  • State exam: Yes. Exam results are valid for 24 months.
  • Courses offered in the classroom & webinar

Important Links

Courses Needed

The higher the license level, the more advantage you’ll have in the local market, and the greater control you’ll have over your fees.

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