Whether you’re retiring and moving into a home that’s better suited to the 55-plus lifestyle, or you’re appraising a residence of that sort, it’s a good idea to get acquainted with the product. The senior housing segment of the real estate market is evolving…
The appraiser population is getting older. According to a recent survey by McKissock, 42 percent of appraisers in the U.S. are planning to retire in the next 10 years. Whether or not you’re among that population currently planning for retirement, it never hurts to…
Interested in pursuing an appraisal career or advancing your career in the appraisal profession? Education plays a crucial role along the road to becoming a licensed appraiser and beyond. McKissock is proud to be a leader in education for real estate appraisers. In this…
In order to become a licensed appraiser, most states require you to become an appraisal trainee and obtain a number of hours of experience before you can appraise on your own. Many states have different titles for trainees, such as apprentice appraiser or registered…
If you are considering a career in real estate appraisal, you’re probably curious about appraiser salary and income potential. According to the Bureau of Labor Statistics, the median annual wage for all appraisal license levels was $51,850 in May 2016. The lowest 10 percent…
The Bureau of Labor Statistics projects that job growth for appraisers between 2016–2026 will be 14%, which is faster than average for all occupations. Demand for property appraisers is linked to the real estate market, which can fluctuate in the short term. Over the…
There are an estimated 80,000 licensed appraisers in the U.S., and they come from many different backgrounds. People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field…
Opinions vary as to whether the appraisal industry is in for any kind of revolutionary change in the next few years. Some say the business as a whole is in grave danger, from automation and decreasing profits. Others say it’s evolving as any business…
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