how much do appraisers get paid in resedential?
396544
I do loans across the country and full appraisals run between $250 and $350.
553213
Appraisal fees are mostly based on the property and the property type. Around in Southern California, the fees are from 300-450 dollars for basic apprasials (Single family homes under a million).\n\nThey need to be licensed. Once licensed, they can work for themselves, banks or other companies.\n\nThere's something called a Broker's price opinion. They are not as detailed as an appraisal, but they run 100-150 bucks each (around here). Basically a broker runs comps of the property and makes a physical inspection of the property and gives his opinion on how much he/she thinks the property is worth.\n\nYour best bet is to have a real estate agent run the comps for the properties you like and have your purchase agreement be subject to the property appraising at x amount of dollars.
613631
I specialize in real estate.\n\nThe value is the value of the home as determined by a professional appraiser.  \n\nFrequently, however, banks usually have a rule that states they take the lesser of the appraisal or purchase price.  They do this for their own protection.\n\nSome mortgage companies (usually not banks) do not have the "lesser of" rule and will loan based on the appraisal.\n\nThis raises interesting strategic angles.  If you can use the appraisal, then frequently you can get 80-90% as your LTV, instead of 100% if you are forced to use the purchase price. If you can get 80% as your LTV, as someone mentioned, then you get rid of the PMI payments!  \n\nNote, even if you start with a 90% LTV, you'll be below 80% (not PMI!) much faster than if you're forced to use 100% as your starting LTV number.\n\nGood luck!  Email with any questions,\n\nJared
351046
Try getting appraised by an expert.
1157333
The Appraisal Subcommittee has a website where you can download a list of all licensed appraisers in AL (or the US). At the site, go to the tab at the top of the page that reads "National Registry." Then, click on Custom Reports. In Custom Reports, simply select AL as the license state and Active (so you get a list of active) appraisers. The list can be downloaded into a couple of formats, including Microsoft Excel. Once in Excel, if you are familiar with and have both Excel and Word, you can print a form letter addressed to each licensed appraiser you want to work for.\n\nGood luck. This is the hardest part of the licensing process, finding a supervisor. When I teach pre-licensing appraisal courses, I tell the students to start looking right away.
1019258
well being an appraiser i have done that many times over the past five years. not all markets are the same and not all homes are the same. a quick run down of what i do may help. \n\nbasically i get information about your house thru a physical  inspection of it. noting both the presence of or the absence of features. then i go to the mls service of that area and find homes that match as closely as i can to the one i looked at. making plus or minus adjustments to the sales price of the comparables. this gives me a range of value usually within a 5000 dollar spread or less. and the value given for the home is in this range. \n\n\n now there is alot that actually goes into this process and there are rules by which i have to follow but for this i am simplyfing. if homes have sold in the same area for about the same price you are aksing for then most likely it will be fine. however if they are asking for more than or less than the what other homes have sold for then you may have an issue. if more, then your home has to show why it is worth more. if less, then why is that. are the sellers motivated to get out or is there something wrong with the house. an appraiser worth anything should be able to determine this. \n\nnow i am aware that even though we are regulated a lot of appraisers will make the price no matter what the market says. this is not good as you end up paying too much for the house and not be able to resell it and cover your costs or if it is too low you may not be able to take advantage of special financing that allows you to remove pmi if the appraisal is high enough compared to the loan amount.  \n\nbest advice is to not sign any docs from lender that takes away your right to the appraisal. you paid for it out of the proceeds or before hand. you are entitled to it unless you sign away that right. this way you can see what the appraiser used as comparables for your home and also see what you may need to do to improve your home for a better resell  value. \n\nhope this helps   if you have any further questions please feel free to check my website at www.rpmappraisals.com and i have a page there that goes deeper into what an appraisal is .
252759
Probably $35-40,000. I think its a great job, I suggested it to my husband. You get great experience at the job and can move up.
211372
Generally no salary. Standard commisions are 6% for the sale of a house.  25% goes to the listing agent, 25% goes to the selling agent,25% goes to the listing broker, and you guessed it, 25% goes to the selling broker.  In any market, the listing agent/broker always make money, since lots of agents can sell the property you have listed.  In supply and demand, always be on the supply side in real estate.
337269
I was the A/P for an asphalt paving company for 5 years.  Everyone that got a reimbursement (other than officers) got $450-550/month and any mileage over 25,000 for the year was paid @ .10.
471028
between 3-5 dollars an hour.But somtimes if you don't ask for an amount, they might give you more then you expect.
1060694
The requirements in CA include 90 hours of pre-license education, 15 hours which have to be "Uniform Standards of Professional Appraisal Practice." After your 90 hours, you need to get a licensed appraiser to sponsor you as a trainee. You need to accumulate 2000 hours as a trainee before you can sit for the residential appraiser license exam.\n\nThe Appraisal Subcommittee has a website where you can download a list of all licensed appraisers in CA (or the US). At the site, go to the tab at the top of the page that reads "National Registry." Then, click on Custom Reports. In Custom Reports, simply select CA as the license state and Active (so you get a list of active) appraisers. The list can be downloaded into a couple of formats, including Microsoft Excel. Once in Excel, if you are familiar with and have both Excel and Word, you can print a form letter addressed to each licensed appraiser you want to work for.\n\nThe Appraisal Subcommittee website also lists the websites for all state licensing agencies. The CA site should have a list of approved courses/schools for pre-license education.\n\nGood luck. This is the hardest part of the licensing process, finding a supervisor. When I teach pre-licensing appraisal courses, I tell the students to start looking right away
556935
With a portfolio of $5 - 10 million (customer assets on deposit) you will earn about $73, 252.  Of course that depends a lot on the composition of that portfolio and whether you need to hire someone to do administration.
658180
Because normally the appraiser feels it is his job only to justify the price that the house is selling for.  Remember the appraiser is ultimately there to protect the bank that is loaning you the money for the home.  If you default they want to know that they will be able to recoup their costs.\n\nIf the appraiser said that the house was worth 50,000 more than you are paying for it are you going to now pay the seller 50,000 more?  If the appraiser says it is worth less than you are paying for it, then the bank is going to make you pay cash for the difference, the bank won't give you a mortgage for more than the appraisal.\n\nThere is no incentive for the appraiser to come in with a high appraisal.  They only need to appraise it for the amount that the current transaction is.\n\nThe buyer and seller have agreed on a price, the appraisal is there to give peace of mind that the house is worth at least that much.
514275
Here's how it is in PA.  For the general residential appraiser's certification you must take 120 classroom hours related to residential and general appraisals.  Then you must find someone to apprentice with and complete a minimum of 24 months (2,500 total hours) of appraisal experience.  Then you sit for the state exam.
707966
They don't.  Buyers only get a "Pre-Approval" before the appraisal.
236186
Obviously not including CA, NY or some other crazy economy i would say anywhere from 35k starting out with min certs up to 110k plus if someone sucks up for long enough.
595869
All real estate appraisers spend a specified amoutn of hours as an apprentice.  I recommend you call a few local real estate appraisers and inquire with them.  A good appraiser to work under is your ticket to success.