How do I become a commercial real estate appraiser in California?

How do I become a commercial real estate appraiser in California?

How to Become a Real Estate Appraiser

  1. 18+ Years Old.
  2. Complete 150 Hours of Coursework.
  3. Apply For Initial Appraisal License.
  4. Pass a Background Check.
  5. Pass State Exam.
  6. Work 2,000 Hours as a Real Estate Appraiser Trainee.
  7. Get Approved.
  8. Apply for a Residential Real Estate Appraiser License.

How much do appraisals cost in Los Angeles?

An FHA/HUD appraisal uses the Uniform Residential Appraisal Report (URAR) form and is more detailed than a standard home appraisal; the FHA estimates the average cost of an URAR appraisal report at $300-$500, but costs vary, For example, A-1 Los Angeles Home Appraisals[3] in California charges $325-$750 for appraising …

What is the average Los Angeles salary of an agent broker real estate appraiser?

The average salary for a real estate appraiser is $64,134 per year in Los Angeles, CA. 7 salaries reported, updated at May 9, 2022.

What do you mean by commercial appraisal?

The Assessor’s Commerical Appraisal Division is responsible for the countywide valuation of all commercial and industrial property. Examples of these properties include commercial land, apartments, office buildings, warehouses, retail stores, restaurants, and marinas.

How much do commercial appraisers make in Texas?

While ZipRecruiter is seeing salaries as high as $86,376 and as low as $33,856, the majority of Commercial Real Estate Appraiser salaries currently range between $42,536 (25th percentile) to $65,106 (75th percentile) with top earners (90th percentile) making $81,600 annually in Texas.

Do real estate appraisers need a license in California?

All licensed appraisers must meet continuing education requirements before they may renew their license. The current effective and expiration date term of a California real estate appraiser license is two years. However, the Continuing Education (CE) Cycle is a four year term.

How many appraisers are in California?

8,000
Therefore, it’s likely that the number of active working appraisers in California is somewhere around 8,000.