What kind of math would I need to be a real estate appraiser?
601572
Statistics would be a good math course for you to take. It's called "Stats" by students taking the course. The course has histograms and charts and graphs you could use to show your data visually. It also had permutations and factorials good for crunching numbers in the books better. It also has normal bell curve probability.
245219
i,m a roofer i use basic geometry to figure areas of roof in order to buy material. a little simple addition and i can figuer out a price for the customer... then a little subtraction to get the job never hurts.... on occation i need a bit of basic algebra to make corections in sales tax.\n at home simple math is needed to balance check books and figure the hosehold buget. out in the yard its back to geometry to calculate home much seed and fertilizer to buy.\n on the computor things get a little "hairy"  when it comes to responding to question on "yahoo answers" category ; math.. but i try...
275242
Just thinking out loud here:\n\nI would imagine that you would have to have a 'starting point' in time like when the house was first built or sold and then increments of time and the associated appreciation (or depreciation).  For the actual price of the house you would have to use actual selling price or maybe even the tax appraisal value.  All of this would be influenced heavily by the location of the houses you are considering.  In the US housing price history would be very different from one region to the next. \n\nSo, with your $ values and associated time increments (1 year, 2 year, whatever) you could analyze the data:\n\nAfter 1 year, X% went down or went up, or you could use $ increments instead - like 11% went up 0 to 10% and 3% went up 10 to 20% and 1% went up (or down) 20% to 30% so on and so forth.
828156
Maybe ask a Real Estate Agent?  Or perhaps someone at the school were the course is taught could provide it.
538532
There seems to be close to a monopoly on this kind of information. It's held by Realtors in the MLS system. I would call a local realtor and ask for the stats. If it's for a project, say that you'll give them credit for the info. If it's for your own needs, they'll give you comparable sales in the area for up to 10 years (1-2 is more practical) if you are trying to sell your house. And if you are lookking to buy, they'll give you whatever stats you want. If the first agent won't help you, call another.\nGood luck!!
670312
Entry into the real estate profession takes preparation. As with other professions, licensing is required. Licensing requirements vary across the nation but all states require prospective salespeople and brokers to pass written examinations. Questions generally cover the fundamentals of real estate transactions and laws affecting the sale and rental of real estate.\n\nIn Rhode Island, it is required to take 45 hours of pre-licensing education courses before applying to take the exam. Pre-license courses are intended to provide the first step towards professionalism in real estate. These courses are an investment that will give participants a lifetime return.\n\nThe Rhode Island Association of REALTORS has the state’s largest real estate school and offers a 45-hour course designed to successfully prepare an individual to take the Rhode Island Real Estate Salesperson’s examination. Course is offered from 6 pm - 9 pm evenings and from 9 am - noon mornings. Course meets for 15 sessions. Classes are scheduled on a monthly basis. All instructors are professionals in real estate and/or law.\n\nTake a look at the official site of the Rhode Island Board of Realtors for more info: http://www.riliving.com/Careers/default.asp
906087
Unfortunately, your question isn't terribly clear. I mean, it's obvious that you want a quick run down, but you don't really hint as to what aspect. There is the legal side, the sales side, marketing, etc. Are you interested in how to become a realtor, or what a title examiner does, or just a quick guide on how to buy and sell?
110132
It really depends on what type of real estate you want to appraise.  You can do residential or commercial.  Generally its easier to become a residential appraiser.  Residential appraisals GENERALLY range from $200-$500 per job and take anywhere from a day to several days to complete.  Commerical appraisals GENERALLY range from $500-$50,000+ and take several days to several weeks.  There are state licensing requirements that vary from state to state so you should check with your local department of licensing to get the facts.  The Appraisal Institute is a great source for infomation on the industry, classes, requirements, etc.  Good luck!
398640
210,000 is 88% of 238,636.36\n\n206,800 is 88% of 235,000\n\nIf your offer is 210,000 and the appraised value is 235,000 any lender will loan money based on the fact the value of the property exceeds the purchase price.\n\nWill the seller accept the offer?  There is no way to tell as this would be the seller's personal choice.\n\nI am not understanding where the 88% calculation matters.  If your contract specifies that the offer is contingent on the sales price being at least 88% of the value, then you are fine because 210,000 is 89.36% of the value of 235,000.
235583
There are an array of real estate calculators available:\n\n RealEstate ABC Calculator Suite\n\nA group of five calculators we've programmed for our users.  These calculators cover most everything you will need to plan for home ownership..\n\n \n\nMortgage Payment Calculator\n\nCalculates mortgage payment and creates amortization tables.\n\n \n\nPITI - Cost of Ownership - Tax Savings\n\nShows your total annual cost including many variables, then shows you how a "revised" cost that includes what tax benefits you receive from home ownership.\n\n \n\nAffordability / Qualifier Calculator\n\nYou input your income, debt, down payment, and calculate what price home you can afford.  The interest rate and debt-to-income ratios are variable and allow you to "play" with different scenarios.\n\n \n\nRent vs. Own Calculator\n\nAllows you to calculate whether it makes more sense for you to buy or rent, and is very flexible - even allowing you to determine the savings rate (opportunity cost) if you invested your extra money.\n\n \n\nRange of Purchase Calculator\n\nDetermine your purchase range with a minimum and maximum payment under different down payment scenarios.\n\n \n\nRelocation Calculators\n\n \n\nCost of Living Calculator\n\nIf you're moving from one area of the country, do you need to make more or less to maintain your current lifestyle?  This calculator lets you know.\n\n \n\nSalary Wizard\n\nAt your education and skill level, what does your profession earn in the area you're moving to?\n\n \n\nHugh's Calculator Suite\n\nA group of three simple calculators programmed in the early days of the web by a guy named Hugh. \n\n \n\nMortgage Payment Calcultor\n\nCalculates mortgage payments.\n\n \n\nMulti-Payment Calculator\n\nCalculates mortgage payments for three different scenarios at once.\n\n \n\nPITI Calculator\n\nSame as the mortgage calculator but allows you to input taxes and insurance - so that you know your monthly housing obligation.\n\n \n\nMortgage Internet Technologies Suite\n\nThe Super-Calculator can accomplish all of these but the bi-weekly calculation and the investment calculation, but we decided to include them anyway, with permission of the creators.\n\n \n\nPrincipal After X Years\n\nPerhaps you plan to sell this home in five years and want to know what your mortgage balance will be at that time.\n\n \n\nPrincipal Prepayment Calculator\n\nThis mortgage calculator tells you when your normal payoff would be and when it would be if you paid a specific extra amount each month.\n\n \n\nPrepayment Analysis Calculator\n\nSuppose you want to pay off your mortgage in a specific period of time.  How much should you pay monthly to accomplish your goal?\n\n \n\nPrepay Principal or Invest the Money?\n\nThis calculator will help you make the decision on whether it makes more sense for you financially to pay down your mortgage or put some money away in financial investments of various kinds.\n\n \n\nBi-Weekly Mortgage Calculator\n\nA bi-weekly mortgage is basically the same as making one extra mortgage payment a year.  This calculator tells you how quickly you would pay off your mortgage if you were making the payments once every two weeks instead of once a month.
230052
http://www.downpaymentsolutions.com/home_buyer_education/calculators.shtml\n click on this link it has all the info you will need
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
989276
First, I don't know of any online pre-licensing course. Please check with your state Real Estate Appraiser Board to make sure that the course qualifies towards your education hours requirement. You can find your appraiser board website through the Appraisal Subcommittee website (below). The state site will have a list of approved courses and schools for PRE-LICENSE or CORE coursework.\n\nIn teaching appraisal, I have found Henry Harrrison's course book the most readable for adult learners. His books can be acquired through his website, Forms and Worms, or through Amazon.com. Dearborn Publications also has a fairly good guide.\n\nGood luck. I usually advise students to start looking for a supervisor for their apprenticeship while they are still in school. It is probably the hardest part of getting into the profession. You can download a list of licensed appraisers from the Appraisal Subcommittee website. Just click on the National Registry tab. Then click on custom reports. Be sure to select your state and select "Active" status for your list. The list is available in Excel, which can be tied to Word's Mail Merge Tool. You can then mail your resume to all available, active appraisers.
756246
You can find out in Public Records, normally if the house is appraised say 200 thou, they sell it for 75% of that amount, check public records in your area by searching google or altavista..☺
73338
As a full time Realtor, I would say that.  Real Estate is as tough or easy as you make it.  There will be some fees up front for classes and licenses, but those should be minimal.
841142
Calculating square footage of living space, square footage of pavement/building, comparing that to total acreage, price per acre, price per square foot, estimating taxes based on assessment and millage rates,  calculating escrow payments, commission due on sales price at given percentages, calculating mortgage payments at different interest rates and terms and loan values.... \n\nThere's really no end to use of math in real estate. It's pretty much all numbers.
1107823
Hire an appraisal firm to estimate the value. They will estimate the after-value as well.