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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