Considering a career as a real estate appraiser? It’s a career choice that offers the opportunity to work outside a typical office environment, the chance to meet different kinds of people and with experience, the choice to start your own consulting business. Here are some tips to consider if you’re ready to take on this exciting, career challenge:
Satisfy your state’s real estate appraisal education requirements.
First things first – you must fulfill your state’s educational requirements before launching your career and obtaining your trainee license. You can take your course in a classroom setting. However, many choose to pursue their real estate appraisal training in an online learning environment. Benefits of this choice can include setting your own study schedule, learning from home and progressing at your own pace. Whether you choose an online or classroom setting, your learning objectives should include land taxation, government regulations, zoning laws and the business aspect of the job, which involves current market trends.
Pass your state exam and obtain field experience. On-the-job training will allow you to implement what you learned during your real estate appraisal courses. On the job training would put you under an experienced real estate appraiser. Basically, you will act as an assistant to your mentor and examine how things are done. It is also the best way to start building networks among prominent people on the job; you never know when a good connection may come in handy. It is not impossible to make valuable contacts when conducting or assisting with an appraisal or even just attending business meetings with your mentor. Make sure to make yourself known to them, you wouldn’t want to pass up an opportunity.
Consider all the opportunities an appraiser career offers. Aside from mentorship with a real estate appraiser, how about working for a bank? It’s an ideal move for someone who wants to specialize in land value and equities. Another is taking apprenticeship with the government, particularly in the department that handles taxation problems and revenues because this is very much in sync with the job. Lastly, after acquiring enough experience, why not launch your business? You could work independently and develop a network of clients and businesses you perform appraisals for, or you can hire other appraisers and serve as a mentor to new, budding appraisers.
An appraisal may be the rewarding career opportunity you’ve been seeking. If anything, it’s definitely worth investigating, especially in an economy that is positively progressing in the right direction.
If you are currently working full-time and/or juggling other personal and family responsibilities, don’t be dismayed – an appraisal career is still possible! Consider the convenience an online real estate school can offer with schedule flexibility and the ability to learn from home on your own schedule. Saving money on gas and child care are also major benefits.
Conduct your own research and learn more about this career field. It might be the best move you ever make for your career, future and family.