Become a Real Estate Appraiser

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High Demand for Appraisers

Shortage of appraisers makes a great time to get into the business. 

 

Is a career in Appraisal Right for You?

Manfred Real Estate Learning Center has been helping appraisers start and build their careers for over 30 years.  Courses are available in the classroom and online

  • 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 and 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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Classes Available online and in classroom

Overview of Appraisal Licenses

There are four levels of appraisal Licenses. Here is an overveiw of each type

Assistant License

Type and value of property depends on credentials of supervisor. 

College Education: None

Training Hours: 150

Experience Hours: None

Exam: No

Available Online & Classroom. Approximate cost: $2000

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- 2,000

Exam: Yes

Available online and classroom for approximately  $2000

Certified Residential

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

College Education: Associates

Training Hours: 200

Experience Hours: 2,500

Exam: Yes

Available in classroom and online. 

Certified General

All types of properties at any value.

College Education: Bachelors

Training Hours: 300

Experience Hours: 3000

State exam: yes

Some courses are available online however, some of the courses must be done in the classroom. 

 

 

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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Each course does require a Proctored exam. If you take it in the classroom the exam is given on the last day. If you take the course online you will need to choose one of our  testing centers to take the exam. Our Testing Center can get you in to take an exam within 2-3 business days. You can take multiple exams in one day. 

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