Appraiser Training Programs, Courses and Requirements
Appraisers are responsible for determining the value of assets such as real estate and jewelry. Certified appraisers need to complete approved education programs and earn professional certification.
Although not generally required, many appraisers pursue an associate degree in an appraisal field. Some may complete a certificate program. Appraisers must pursue certification in order to legally work and are usually people who are meticulous and detail oriented.
There are a variety of certificate programs available for appraisers. Certificate programs may concentrate on different types of valuation, including real estate, fine art and furniture. Some associate degree programs in appraisal may also be available. Students may pursue a bachelor's degree in a related field, such as economics or real estate law, in order to prepare for a career as an appraiser.
A certificate program in appraisal studies introduces students to the basic skills necessary to work as an effective appraiser. Most certificates focus on real estate, although some are available in fields like decorative arts. Students in a certificate program may take courses in subjects like research methods for appraisers, legal guidelines in valuation and ethical aspects of appraising.
Associate of Applied Science Programs
An Associate of Applied Science (AAS) in Appraising program introduces students to a broader range of appraisal topics. Most associate degree programs deal specifically with real estate appraisal. Students are required to complete core appraisal courses and general education coursework. Classes may be offered in topics like real estate fraud, site valuation and appraisal report writing.
Many appraisers gain experience by working as an apprentice to a certified appraiser. These appraisers may be referred to as trainees. Trainees may accompany their mentors to real estate sites and assist in the valuation of property. Experience in the field is required for most appraisal certifications and licenses.
Licenses and Certifications
Appraisers must be certified in the state in which they wish to work. This certification varies by state but generally includes completing a certain number of hours in the field and passing a written examination. Most states only require certification for appraisers working in the field of real estate. Appraisers may pursue the title of Certified Residential Real Property Appraiser or Certified General Real Property Appraiser. The Appraisal Foundation establishes the Uniform Standards of Professional Appraisal Practice (USPAP), which is widely recognized in the field.
Workshops and Seminars
A variety of workshops are available to appraisers who wish to keep their knowledge of the field current. Workshops may be offered on-site or online and may address topics like market analysis and appraisal cost control. Seminars educate professionals on newly available appraisal technology or tools.
Appraisers must complete a minimum of 14 hours of continuing education in the field per year in order to maintain certification. Additionally, a 7-hour update course on USPAP must be completed every two years.
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