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Real Estate Appraiser are specialists in estimating the value of real property. Real property consists of land, buildings, and natural resources such as water, oil, or minerals. Estimates of value, known as appraisals, are made when property is bought, sold, assessed, taxed, condemned, insured, or mortgaged. They may also be required in divorce actions, when partnerships are dissolved, and when property is listed as a business asset. Appraisers, especially independent fee appraisers, may give expert testimony in court. They may also act as consultants for your Real Estate Appraiser need San Francisco. Posted by Krish Real Estate Appraisers who appraise for federally related transactions are required to obtain a license from the State Office of Real Estate Appraisers (OREA). All applicants must qualify with approved education and pass an examination. In addition, appraiser experience is required to hold a Residential License, Certified Residential License or Certified General License. Many community colleges and evening adult schools offer courses in real estate appraisal. Some colleges offer courses relating to appraisal that lead to a bachelor of science in real estate. Courses in economics, real estate, business administration, and mathematics provide a good background for this occupation. For more information about a career as a Real Estate Appraiser in San Francisco, you should consult career advisor. Posted by Rekhi The number of appraisers in the private sector is highly dependent upon interest rates and general economic conditions that drive real estate activity. When rates are low, residential and commercial purchases together with mortgage refinancing can cause an almost frenzied demand for appraisals. When rates increase substantially, or the economy sputters, real estate activity usually declines, and few appraisals are needed. Layoffs may then occur in appraisal staffs, and independent appraisers may at least temporarily leave the field. Government employment is less sensitive to economic cycles, but growth there is all but stagnant. For more information about a career as a Real Estate Appraiser, look in your San Francisco yellow pages under Real Estate. Posted by troller Browse All Discussion » |
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What is a Real Estate Appraiser and what are the qualifications? Useful Links
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