5 Must-Know Steps To Become A Real Estate Appraiser

If you are looking for a serious a motivating job, you may like the idea of becoming a real estate appraiser. There are numeorus places in the US and in the rest of the world where real estate appraisers can boast a very good professional career along with a repaying salary.

real estate appraiser and clients

Communication As A Basic Natural Skill To Own

Of course, much of your future as a real estate appraiser relies on “where” you are working in this industry. In fact, not all cities and metro areas are the same profitable for real estate agents. But if you can find or if you have someone helping you find a good place where to get started, your career as a real estate appraiser will be much smoother.

The bottom line is that you need to have a few basic skills of your own. It’s true that education can make the difference and transform you into the expert that you want to become, but it’s also true that if you have certain skills by nature you will have many more chances.

First and foremost, you should love to talk to people and to listen to their questions and needs. That’s a basic skill that nobody can give you unless you already are a natural-born problem-solving person. For example, if a client wants to live in a quiet neighborhood, you have to understand that a noisy and crowded edge of the city won’t fit that client’s goals. Or, if a client is a passionate follower of horse racing, you may suggest homes that are near to a racecourse. Another example, if your client is a football player or a fervent sports gambler industry, it might be a good idea for you to show them homes in the nearby of the local stadium, unless they love sports betting on internet. As you can see, your role is crucial to understand the client’s specific needs and expectations: after all, a home is an important element in everyone’s life.

How can you get to understand your client’s goals? Communication plays a significant role as it allows you to know more about that client. So you should love to talk to people, to tell them something of you so they also feel likely to tell you about themselves. Verbal communication is a powerful and necessary skill.

Steps That You Have To Do

Apart of possessing excellent communication skills and a good ability in dealing with people, you have to take a few important steps to become a real estate appraiser and get a professional license. Here we’ve prepared a practical list for you of most relevant steps to consider:

You have to take a specific course to get an appropriate education. In certain States of the Union, that’s a 150-hour long course, hut it might vary a little bit depending on where in the States you are based. At the end of the course, you have 3 attempts to pass the exam.

real estate appraiser

Once you’ve passed the exam, you have to apply for the initial appraisal license to the OREA. You’ll be asked to pay for the exam. If you pass it, you get your initial license. However, you can’t start to work yet, as you have to find an established appraiser who agrees to train you.

The training should be 2,000 hours long (40 hours per week for 50 weeks), so take a year to complete your training under the expert appraiser’s guidance.

At this point you can upgrade your application to the certified residential appraiser to get a higher-level license. You can work for yourself and manage your work tasks, taxes and income. That’s the choice of most appraisers of our days.

You can also apply for a residential license from the OREA. This license is important as it allows you to file with banks for loans and also you can get requests and job as an independent real estate residential appraiser. Working independently means that you have to sponsor yourself and promote your activity through the internet, Chambers of Commerce and local magazines or radio programs.

If you choose to work on your own, you will be fully responsible for your activity, tax duty and income. But you may also choose to work for an established office or agency in this industry. You will have colleagues to work on and your activity will depend from the office/company. Both choices are pretty interesting, although each offers you different opportunities in terms of professional development.



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