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ENTRANCE REQUIREMENTS AND TRAINING
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 realestate 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. Many companies provide classroom training
for their beginning appraisers. A long training period is necessary to become
skilled in appraising the more complex types of real estate. Professional
associations and colleges offer seminars and classes conducted by leaders in
the field.
In most cases, applicants must have a bachelor's degree to be considered for
hire by government or by private companies. Many firms require an additional
six to eight months' experience. A few lending institutions, however, will
hire high school graduates who have had experience in real estate,
construction, architecture, or building inspection. Applicants should
possess an inquisitive nature and sound judgment. They must also be able to
write and speak clearly, and make mathematical calculations.
