Thursday , 21 January 2021

real estate appraiser

8 Characteristics of a Successful Real Estate Appraiser

So, you’re interested in becoming a real estate appraiser. But how do you know if you’re a good fit for the appraisal profession? What does it take to achieve success in the industry? To help answer these questions, we’ve outlined eight characteristics of a successful real estate appraiser. If you possess all or most of these personality traits, chances are, …

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Do You Need a College Degree to Become an Appraiser?

Looking for a career that doesn’t necessarily require a college degree? Consider becoming a real estate appraiser. Before you jump in, you probably have questions like, “What education and training are required?” and “Do you need a college degree to get licensed?” and “How much money can you make as an appraiser?” In this post, we provide answers to these …

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3 Tennessee Appraisal License Classes Now Available Online

In July 2020, the Tennessee Real Estate Appraiser Commission approved three qualifying education courses to be completed online. Basic Appraisal Principles, Basic Appraisal Procedures, and the 15-hour National USPAP Course no longer have to be completed in a live classroom. Each of these Tennessee appraisal license classes are now available online at McKissock.com. This is great news for anyone who’s …

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Fact Witness vs. Expert Witness: What’s the Difference?

When a real estate appraiser is called to testify in a court, it could be as one of two types of witnesses. If you are called to testify as an appraiser, it’s important to determine at the time of the request which of the two types you will be: fact witness or expert witness. One has lower liability and responsibility, …

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The 3 Characteristics of a Reliable Data Source

As a real estate appraiser, there are numerous data types and sources available that you could use to solve a specific appraisal problem. In order to reasonably believe that a source is reliable, it is recommended that you assess the dependability of a data source based on the following three characteristics, at a minimum. FREE Webinar: Join us Wednesday, August …

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6 Key Competencies for Appraisal Review Work

As a real estate appraiser, how do you know if you can credibly perform appraisal reviews? USPAP provides the review appraiser with plenty of flexibility, all grounded in ethics and competence. Competence comes with knowledge and experience, but it also requires you to possess certain skills, technology, and abilities. Here are some of the key competencies needed for appraisal review …

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5 Appraisal Assignments that Raise Your Liability Risk

As a professional real estate appraiser, it is simply not possible to eliminate liability entirely. Rather, the goal is to manage your liability. You can start by being aware of the level of risk involved in different types of appraisals. Some assignments come with higher liability risk than others—whether due to the type of client, the intended users, the number …

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These Fictional Luxury Homes Would Be Really Fun to Appraise

If you’re a real estate appraiser looking for an exciting new challenge, luxury home appraisal is a desirable niche to consider breaking into. Just for fun, we recently asked our appraisal community, “Which fictional luxury home would you want to appraise?” Answer choices ranged from Tony Stark’s ultra-modern Malibu mansion from the Iron Man movies to the English Jacobean manor …

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