How Much Does A Trainee Appraiser Make?

by | Last updated on January 24, 2024

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How much does a Real Estate Appraiser Trainee make in California? The average Real Estate Appraiser Trainee salary in California is $46,357 as of August 27, 2021, but the range typically falls between $41,708 and $51,862.

Does an appraiser trainee get paid?

How much does a Real Estate Appraiser Trainee make in California? The average Real Estate Appraiser Trainee salary in California is $46,357 as of August 27, 2021, but the range typically falls between $41,708 and $51,862.

What does a trainee appraiser do?

An Appraiser Trainee is subject to direct supervision by an appraiser who is certified in good standing, and may appraise those properties that his or her supervising appraiser is permitted to appraise .

How do you become a real estate appraiser trainee?

  1. 18+ Years Old. ...
  2. Complete 150 Hours of Coursework. ...
  3. Apply For Initial Appraisal License. ...
  4. Pass a Background Check. ...
  5. Pass State Exam. ...
  6. Work 2,000 Hours as a Real Estate Appraiser Trainee. ...
  7. Get Approved. ...
  8. Apply for a Residential Real Estate Appraiser License.

How much do appraiser trainees make in Florida?

How much does an Appraiser Trainee in Florida make? The highest salary for an Appraiser Trainee in Florida is $69,069 per year . The lowest salary for an Appraiser Trainee in Florida is $37,308 per year.

How long does it take to become real estate appraiser?

To become a real estate appraiser, the state of California requires you to pass 150 hours of course enrollment. Following these classes is a live proctored exam. You get 3 attempts to pass this exam.

How do you get an appraiser trainee hours?

150 hours , including a 15-Hour National USPAP

Which is better real estate agent or appraiser?

Ultimately, while real estate agents can offer a valuable perspective on a given property’s purported value, only the appraiser can provide an official appraisal. Sellers may be satisfied to work solely with a real estate agent, but most buyers eventually hire both an agent and a separate appraiser.

What are the requirements to become an appraiser?

  • 18+ Years Old. ...
  • Complete 150 Hours of Coursework. ...
  • Apply For Initial Appraisal License. ...
  • Pass a Background Check. ...
  • Pass State Exam. ...
  • Work 2,000 Hours as a Real Estate Appraiser Trainee. ...
  • Get Approved. ...
  • Apply for a Residential Real Estate Appraiser License.

What are the requirements to be a real estate appraiser in Florida?

Applicants must have at least a bachelor (4-year) degree . Applicants must be Trainee Appraisers that have completed at least 2500 hours of experience over not less than 24 calendar months. 200 hours of prescribed pre-certification appraisal education is required.

How do I become a registered trainee appraiser in Florida?

  1. Must be at least 18 years old.
  2. Have a high school diploma or equivalent.
  3. Complete at least 100 hours of approved education.
  4. Fill out a state application, submit electronic fingerprints, and pay required fees.
  5. There is NO state exam.

Do you need a college degree to be a real estate appraiser?

National standards for a real estate appraiser’s license do not require trainees to hold a college degree. However, appraisers who wish to obtain a certified license do need a college education .

How many hours does an appraiser work?

When you find an appraiser, you must accompany them on inspections and assist them in writing reports for at least 2,000 hours . That’s 40 hours a week for 50 weeks, which equates to one year of full-time work.

What is the difference between a certified appraiser and a licensed appraiser?

A certified residential appraiser can legally appraise a building with up to four dwelling units , regardless of the value of the property or its complexity. A licensed residential appraiser is limited to appraising less valuable and less complex properties.

Are appraisers in demand?

Employment of property appraisers and assessors is projected to grow 4 percent from 2020 to 2030 , slower than the average for all occupations. Despite limited employment growth, about 6,300 openings for property appraisers and assessors are projected each year, on average, over the decade.

James Park
Author
James Park
Dr. James Park is a medical doctor and health expert with a focus on disease prevention and wellness. He has written several publications on nutrition and fitness, and has been featured in various health magazines. Dr. Park's evidence-based approach to health will help you make informed decisions about your well-being.