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Real Estate Appraiser/Assessor

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AVG. SALARY

$47,970

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

What To Learn

High School

What high school courses should you take if you're interested in this career? Get your answers from the Government and Public Administration cluster Revenue and Taxation pathway.

Beyond High School

Here's a list of programs that you should consider if you're interested in this career:

Education Level

Education training and experience are required at different levels for success in different occupations.

Bachelor's degree

The requirements to become a fully qualified appraiser of real estate are complex and vary by state and, sometimes, by the value or type of property. These workers typically need a bachelor's degree, although some qualify with a high school diploma. Appraisers of real estate also must meet state licensure or certification requirements. Check with your state's licensing board for specific requirements.

Insider Info

Additional Information

Everything Richard Hudgins learned in high school is applied in his everyday work. The Texas appraiser uses English because he writes reports and depends on proper communication; science to know about weather, soils and environment; history because he researches the background of each property to be appraised; and math to do basic functions with numbers and budgets.

Real estate appraisers who assess property that is financed by a federally regulated lender must be state-licensed or certified. Certification requires you to undergo a series of courses and have experience. College experience may be substituted for experience in some states.

The American Society of Appraisers offers several continuing education programs. One of these, called "principles of valuation," provides instruction and examination in four areas of appraisal: business valuation, machinery and equipment, personal property and real property.

Extra Requirements

Federal law requires appraisers to have a state license or certification when working on federally related transactions, such as appraisals for loans made by federally insured banks and financial institutions. The Appraisal Foundation (TAF) offers information on appraisal licensing.

For additional information, visit these websites:

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.