People also ask
How much does an appraiser make in the US?
The average Appraiser (Commercial Real Estate) salary in the United States is $106,317 as of April 26, 2022, but the range typically falls between $91,448 and $121,960. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
How do I get a real estate appraisal license?
Real estate appraisers have the option of obtaining three types of licenses. Appraisers begin as trainees before becoming licensed appraisers. Trainees need 1000 hours of work experience and to pass the real estate licensing exam to become licensed appraisers who are then able to appraise residential buildings such as houses and smaller apartments.
How many hours does it take to become a licensed appraiser?
To become a licensed residential appraiser, trainees must complete an additional 75 hours攐r four courses攐f appraiser education, though, again, this may vary by state. After passing the real estate licensing exam, appraisers have considerably more options.
How much does it cost to have a house appraised?
While not allowed to charge based on the value of homes, appraisers can charge by square footage. Appraisals for larger homes can cost $500 to $750 or more. The fees for appraising large apartment complexes can be even higher. A final consideration is appraisal fee splits if working for a firm.