Types of Appraisal Careers

As a professional appraiser, you’ll not only provide clients with an objective, third party opinion of a property’s current market value, you’ll provide invaluable peace of mind. Appraisers play a key role in helping consumers make the best financial decisions when it comes to buying and selling property and investing in their future.  Whether it be commercial, complex, agricultural, litigation, review, or relocation appraisal, you can reinvent yourself and revamp your skillset when you see a new market opportunity to take advantage of.

Appraiser Trainees are qualified to appraise properties when supervised by a certified appraiser.

Requirements:

1. Education: Complete the Required 75 hours of pre-licensing coursework as well as the supervisor trainee course.
2. Application: Apply with the State to become a State Registered Appraisal Assistant.
3. Background Check: Complete and Pass a national BCI and FBI fingerprint check.

Licensed Residential Appraiser can appraise one to four single-family units with a transaction value of under $1,000,000 (non-complex) and one to four residential units with a transaction value of no more than $250,000 (complex-style).

Requirements:

1. Education & Experience: In addition to the Appraiser Trainee requirements, you must complete an additional 75 hours of pre-licensing courses as well as the required hours of experience.
2. Application: Once you’ve completed the additional education and experience, you must apply with the State to become a State Licensed Registered Appraiser.
3. Background Check: Complete and pass another national BCI and FBI fingerprint check.
4. Pass the Exam: Once you’ve received your Notice of Eligibility, you have 1 year to pass the State exam.

A Certified Residential Appraiser can appraise one to four residential units of any transaction value or complexity, not including subdivisions.

Requirements:

1. Education & Experience: You must have a college level education (in any field) from an accredited college or university, complete an additional 50 hours of pre-licensing courses and additional hours of experience.
2. Application: Once you’ve completed the additional education and experience, you must apply with the State to become a Certified Residential Appraiser.
3. Background Check: Complete and pass another BCI and FBI fingerprint check.
4. Pass the Exam: Once you’ve received your Notice of Eligibility, you have 1 year to pass the State exam.

A Certified General Appraiser is qualified to evaluate all types of real property, both commercial and residential.

Requirements:

1. Education & Experience: You must have a college level education (in any field) from an accredited college or university, complete an additional 50 hours of pre-licensing courses and additional hours of experience.
2. Application: Once you’ve completed the additional education and experience, you must apply with the State to become a Certified General Appraiser.
3. Background Check: Complete and pass another BCI and FBI fingerprint check.
4. Pass the Exam: Once you’ve received your Notice of Eligibility, you have 1 year to pass the State exam.