Education, training, and experience are
essential in becoming a skilled real estate appraiser. In the
past many appraisers entered the field by way of other real estate
services such as sales, management, or finance. Today appraisers
often enter the field directly.
A liberal arts education is a good basis
for anyone considering a career in real estate appraisal. Backgrounds
in economics, finance, business administration, architecture,
law, engineering, computer technology, sociology, and English
composition may be particularly helpful.
Appraisal firms may employ appraisal assistants
and trainees or offer part-time work to college students. Financial
institutions and county assessors' offices may also offer opportunities
for on-the-job training.
As a result of federal legislation passed
in 1991, real estate appraisers in the United States must be licensed
or certified by their state to appraise certain types of "federally
related real estate transactions." All 50 states have education,
experience and exam requirements to obtain a real estate appraiser
license or certification. Since laws vary from state to state,
individuals should contact a state's regulatory agency for specific
requirements.
Appraisers master the intricacies of their
profession through specialized education. As the recognized leader
in real estate appraisal education, the Appraisal Institute offers
educational programs that address the needs of appraisers at every
stage of their career development.
- AI Membership categories, application forms, requirements:
Click
Here
- Summary of designation requirements: Click
Here
- What appraisers do and how to become one: Click
Here
- State Dept of Licensing RE Appraisers program home page: Click
Here
- State certification/licensing requirements: Click
Here