Looking for a career that doesn’t necessarily require a college degree? Consider becoming a real estate appraiser. Before you jump in, you probably have questions like, “What education and training are required?” and “Do you need a college degree to get licensed?” and “How…
In July 2020, the Tennessee Real Estate Appraiser Commission approved three qualifying education courses to be completed online. Basic Appraisal Principles, Basic Appraisal Procedures, and the 15-hour National USPAP Course no longer have to be completed in a live classroom. Each of these Tennessee…
Title XI of the FIRREA requires all licensed and certified appraisers to successfully pass an examination that’s issued or endorsed by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation. That examination is known as the National Uniform Licensing and Certification Exam. Once you’ve…
When a real estate appraiser is called to testify in a court, it could be as one of two types of witnesses. If you are called to testify as an appraiser, it’s important to determine at the time of the request which of the…
As a real estate appraiser, there are numerous data types and sources available that you could use to solve a specific appraisal problem. In order to reasonably believe that a source is reliable, it is recommended that you assess the dependability of a data…
As a real estate appraiser, how do you know if you can credibly perform appraisal reviews? USPAP provides the review appraiser with plenty of flexibility, all grounded in ethics and competence. Competence comes with knowledge and experience, but it also requires you to possess…
As a professional real estate appraiser, it is simply not possible to eliminate liability entirely. Rather, the goal is to manage your liability. You can start by being aware of the level of risk involved in different types of appraisals. Some assignments come with…
If you’re a real estate appraiser looking for an exciting new challenge, luxury home appraisal is a desirable niche to consider breaking into. Just for fun, we recently asked our appraisal community, “Which fictional luxury home would you want to appraise?” Answer choices ranged…
Do you ever face the task of appraising marijuana properties in your market? All of a sudden, land that is ripe for marijuana growing is looking pretty attractive, and buyers all over the U.S. are already scooping up big plots of land—some even making…
Thinking about starting an appraisal business? If you’re already a fully licensed and accredited real estate appraiser, chances are you have already been working with a more experienced appraiser. Perhaps you’re taking over that business because your mentor is retiring; maybe you’re relocating to…
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