Hot Career as Real Estate Appraiser Expected to Sizzle in Future
There may be a perfect job for someone who loves real estate and enjoys walking through homes. And the best part is that training for this vocation only takes about 150 hours of required study that can all be accomplished online through distance learning.
It is the career of a real estate appraiser.
Although the real estate market is depressed in most of the country, it is interesting that employment for real estate appraisers is expected to increase at a rate faster than the average of all other occupations, according to the Bureau of Labor Statistics. And average annual salaries range between $32,000 and $64,000; though top appraisers earn more than $86,000.
Once the appropriate courses are taken through a reputable, high-quality online school – like Allied Appraisal School – students are required to obtain a minimum number of on-the-job training hours. And in order to become fully certified, appraisers must pass a state licensing exam.
Prior to 2008, those studying to become appraisers were not required to have a bachelor’s degree. However, that has changed; and beginnng this year, a bachelor’s degree has been added to the requirements. It is also important for potential students to check the specific requirements for their state; since licensing requirements vary from state to state.
Approximately 70% of appraisers are employed by real estate firms and banks; and about 30% are self-employed. There is a great deal of research and writing that is part of the job; but computers have made this part easier. In fact, documents that once required a drive to city hall or the court house are easily obtained from the comfort of home via the Internet. Also, appraisers may choose to specialize in residential, commercial or other areas of real estate.
The field of real estate appraisal is expected to be among the hottest jobs of the future; and those who plan ahead will be happily prepared to fill the growing demand.
online school, online schools, appraiser, real estate, distance learning, hot career, real estate appraiser
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Posted by vida
March 2nd, 2008 at 8:42 am
This does sound like a great job. I didn’t know that about having to have a BA to do it. It is a very important part of the lenders process and I can see why they want a quality workforce with education to do this.
December 8th, 2008 at 6:10 pm
You make it sound so easy. Let me break it down further for the audience.
1-Two years as a trainee under the DIRECT supervision of a Certified (not licensed) Appraiser.
2-Of course as stated 150 hours of classroom experience.
3-Depending on your desired license level, you may need a degree.
4-Demand for appraisals is actually going down because of the housing slump and that means less Appraisers are willing to train people that will end up being their competition. So this makes is hard to get the experience hours needed on your signed experience log to turn into the state board.
5-The Bureau of Labor Statistics is way behind the curve. Wait until the 2009 numbers come out and you will see that this is the absolute worst time to get into real estate Appraising. Actually, there are numerous companies going out of business because business it is so slow right now.
-Aaron
http://www.sandiego-appraiser.com