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How to become real estate appraiser florida

How to Become a Real Estate Appraiser in Florida: A Comprehensive Guide

If you have a keen interest in real estate and possess excellent analytical skills, becoming a real estate appraiser in Florida could be an ideal career choice for you. Real estate appraisers play a critical role in determining the market value of properties, which is vital for various transactions such as mortgage lending, property sales, and taxation. This comprehensive guide will outline the steps required to become a real estate appraiser in Florida, providing you with all the essential information you need to embark on this rewarding career path.

Step 1: Understand the Requirements and Qualifications

To become a real estate appraiser in Florida, it is crucial to familiarize yourself with the necessary qualifications and requirements. The Florida Real Estate Appraisal Board (FREAB) oversees the licensing of real estate appraisers in the state. The two primary levels of appraisal licensure are:

  1. Trainee Appraiser: This entry-level position allows you to gain practical experience under the supervision of a certified or licensed appraiser. To become a trainee appraiser, you must complete 100 hours of approved appraisal education, which includes specific courses such as basic appraisal principles, basic appraisal procedures, and the
Experience: 3,000 hours of acceptable appraisal experience in no less than 18 months. A minimum of 1,500 hours of the required experience must be in non-residential appraisal work. College Education: Must have a Bachelor's Degree or higher.

How much do Florida property appraisers make?

$66,500 per year

The average salary for a real estate appraiser in Florida is $66,500 per year. Real estate appraiser salaries in Florida can vary between $27,500 to $156,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.


How do I become a certified appraiser in FL?

Certified Residential Appraiser Requirements in the State of...

  1. > Successfully complete 200 classroom hours of board-approved courses covering the topics required.
  2. > Pass the Residential National Exam and Florida Supplemental Exam.
  3. Conduct appraisal services.

How do I become a real estate appraiser trainee in Florida?

QUALIFICATIONS: Applicants must hold a valid high school diploma or its equivalent and have a valid Social Security Number. PRE-LICENSE EDUCATION: Applicants must complete 100 hours of approved pre-licensure education, completed within 5 years of making application, as outlined in Administrative Code 61J1-10.002.


Is there a shortage of real estate appraisers in Florida?

Florida has 8,916 certified appraisers, according to the state's Department of Business and Professional Regulation. Last year added only 108 certified residential appraisers. There are fewer than 35,000 appraisers working in the U.S. today and their average age is 50, according to employment data website Zippia.com.

Do appraisers need to be licensed in Florida?

What are the education requirements for a Residential Appraiser License in Florida? The residential license requires 200 hours of pre-licensing education. Additionally, you must have a minimum of 1500 hours of experience. This is the same as 150 appraisal reports over 12 months.

How many certified appraisers are there in Florida?

Florida has 8,916 certified appraisers, according to the state's Department of Business and Professional Regulation.

Frequently Asked Questions

Can a realtor also be an appraiser in Florida?

It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there are a couple potential conflicts of interest that you should be wary of.

How much does a trainee appraiser make in Florida?

Real Estate Appraiser Trainee Salary in Florida

Annual Salary Hourly Wage
Top Earners $94,563 $45
75th Percentile $76,700 $37
Average $65,219 $31
25th Percentile $59,300 $29

How much do appraiser trainees make in Florida?

As of Oct 19, 2023, the average annual pay for a Real Estate Appraiser Trainee in Florida is $65,219 a year. Just in case you need a simple salary calculator, that works out to be approximately $31.36 an hour. This is the equivalent of $1,254/week or $5,434/month.

FAQ

How to become a certified residential appraiser in Florida?
Certified Residential Appraiser Requirements in the State of...

  1. > Successfully complete 200 classroom hours of board-approved courses covering the topics required.
  2. > Pass the Residential National Exam and Florida Supplemental Exam.
  3. Conduct appraisal services.
How much does it cost to become a property appraiser in Florida?
Each license costs $351. You must pay this fee to the FLDBPR and send it with your application. Additionally, you'll need fingerprints. They typically cost around $50.
How long does it take to become a certified appraiser in Florida?
Certified Residential Appraiser

Applicants must have at least a bachelor (4-year) degree. Applicants must be Trainee Appraisers that have completed at least 2500 hours of experience over not less than 24 calendar months. 200 hours of prescribed pre-certification appraisal education is required.

How to become real estate appraiser florida

What do you need to be a property appraiser in Florida? Applicants must be Trainee Appraisers that have completed at least 2500 hours of experience over not less than 24 calendar months. 200 hours of prescribed pre-certification appraisal education is required. Submit a completed application, form RE -2060, electronic fingerprints and appropriate fee (see c. above).
Do you need a bachelor's degree to be a property appraiser in Florida? Real estate appraisal is a hot career because it provides solid income potential with no college degree required. As a certified appraiser in Florida, you'll likely earn around $54,000 per year, which is the average amount for the state.
Can a real estate agent be an appraiser in Florida? It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there are a couple potential conflicts of interest that you should be wary of.
  • Do you need a license to be a property appraiser in Florida?
    • What are the education requirements for a Residential Appraiser License in Florida? The residential license requires 200 hours of pre-licensing education. Additionally, you must have a minimum of 1500 hours of experience. This is the same as 150 appraisal reports over 12 months.
  • How do I become an appraiser trainee in FL?
    • QUALIFICATIONS: Applicants must hold a valid high school diploma or its equivalent and have a valid Social Security Number. PRE-LICENSE EDUCATION: Applicants must complete 100 hours of approved pre-licensure education, completed within 5 years of making application, as outlined in Administrative Code 61J1-10.002.

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