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How Do You Obtain An Appraisal License?

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How Do You Obtain An Appraisal License?

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As an appraiser, you are qualified to determine the worth of real estate properties and report those findings to people or groups who will use your determination to help price the house for sale or insurance purposes. Requirements for an appraisal license vary by state because, as an appraiser, you are licensed by the Real Estate Commission of your home state. As a real estate appraiser, you should work in an area you’re familiar with; this helps you to understand local influences on property values. Decide whether you want to appraise commercial property, residential property or both. You will have to get an associate’s degree, at least, if you want to appraise residential property. To appraise commercial property, you should have at least a bachelor’s degree. To meet state requirements, you can have a degree in any field you choose. For real estate, it’s especially helpful to get a degree in business or finance. Some universities offer a degree in real estate sales, appraisals, and f

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