Saturday , 22 February 2020

McKissock

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What Do Appraisers Do All Day?

The job of a property appraiser, as well as his or her role in a real estate transaction, is often misunderstood by the general public. If you’re interested in starting an appraisal career, you’re probably curious about the nuts and bolts of the day-to-day job. Here’s some info to help answer the question, “What do appraisers do all day?” Common …

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How to Pass Your Appraiser License Exam the First Time

All real estate appraisers must pass the National Uniform Licensing and Certification Examination as the final step toward earning their appraiser license. The exam is not easy. According to The Appraisal Foundation exam statistics for 2017, 1 in 3 people fail the Licensed Residential exam and 1 in 4 people fail the Certified Residential exam on the first try. Here’s …

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Preparing for Retirement: How to Sell Your Business

Let’s say your retirement is secure. You have enough in savings and investments that you could stop working today, and be sure of living comfortably for the rest of your life. How are you going to dispose of your real estate appraisal business, if you decide to give it up? Here are some helpful insights on how to sell your …

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The Pros and Cons of Specializing in Luxury Home Appraisal

Developing niche expertise can be a great way to stand out from other appraisers, bring in new business, and earn more income. Luxury appraisal is one niche specialty worth considering. If you’re interested in appraising luxury real estate, you probably want to know: What are the benefits and challenges of specializing in luxury home appraisal? We sat down with Jo …

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How to Become a Luxury Real Estate Appraiser

Are you interested in learning how to become a luxury real estate appraiser? There are many reasons to consider specializing in this profitable appraisal niche. Not only can you charge higher fees while completing fewer assignments per month, but you’ll also have the opportunity to evaluate custom, high-end properties that are interesting and challenging to appraise. Here are helpful tips …

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Everything You Need to Know About the National Uniform Licensing and Certification Exam

Title XI of the FIRREA requires all licensed and certified appraisers to successfully pass an examination that’s issued or endorsed by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation. That examination is known as the National Uniform Licensing and Certification Exam. Once you’ve completed your education requirements, you must pass the national exam as the final step toward earning …

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What Was Your Previous Career Before You Got Into Appraisal?

Not all property appraisers start out in the appraisal field right out of college. Many of today’s appraisers had a previous career, but then decided to make a career switch. We recently asked our appraisal community, “What career did you have BEFORE you got into the appraisal business?” While some were drawn to the appraisal profession after working in a …

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