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How to Get Started in the Real Estate Appraisal Business / Edition 1

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Your step-by-step guide success as a real estate appraiser

Real estate appraisers are in high demand and top earners can make a bundle. Whether you seek a full-time profession or a flexible part-time job, How to Get Started in the Real Estate Appraisal Business provides all the inside information to start making money, now.

Add value to your career as you:

  • Prepare for the tests and get licensed
  • Find a mentor to help you get on your feet
  • Choose between residential and commercial appraising
  • Drum up business with proven networking and marketing techniques
  • Make top dollar as an analyst
  • Acquire the continuing education you need for long-term success
  • Choose between residential and commercial appraising

This handy guide also includes a glossary of vital terms, sample appraisal forms, and coverage of important licensing and legal regulations. Full of actionable advice, step-by-step guidance, and real-world insight, How to Get Started in the Real Estate Appraisal Business gets into the business-and heading to the top.

ISBN-13: 9780071463232

Media Type: Paperback

Publisher: McGraw Hill LLC

Publication Date: 03-13-2006

Pages: 256

Product Dimensions: 5.90(w) x 8.90(h) x 0.64(d)

Daniel J. Nahorney is a real estate expert and the coauthor of How to Increase the Value of Your Home. He is also a journalist, business writer, and magazine editor.

Table of Contents

Foreword vii
Acknowledgments ix
Introduction xi
Part 1 Looking in at the profession 1
1 A five-step process 3
2 So, you want to become an appraiser 7
Part 2 From outsider to trainee 19
3 Courses you'll need to get started 21
4 It's time to find a quality mentor 29
5 A day in the life of an appraiser 37
Part 3 Choosing a direction 49
6 Will that be residential, commercial, or both? 51
7 Becoming an analyst 65
8 Become the appraiser everyone wants to hire 79
9 You've made it! 87
Part 4 External forces changing the profession 95
10 Appraisers play key roles in society 97
11 AVMs-how big a threat? 105
12 Staying in or getting out 113
Part 5 Appendixes 125
Appendix 1 Who sets the Rules? 127
Appendix 2 Competency Rule 135
Appendix 3 Ethics Rule 139
Appendix 4 Outlines for introductory courses 145
Appendix 5 Licensing changes coming in 2008 149
Appendix 6 Residential appraisal forms 153
Form 1004 Uniform Residential Appraisal Report 154
Form 2055 Exterior-Only Inspection Residential Appraisal Report 160
Form 1004c Manufactured Home Appraisal Report 166
Form 1073 Individual Condominium Unit Appraisal Report 173
Form 1025 Small Residential Income Property Appraisal Report 179
Appendix 7 Where to reach for help in the United States and Canada 187
Appendix 8 Local appraiser regulations 191
Appendix 9 Glossary of real estate appraisal terms 197
Index 217