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Why More Washington Appraisal Professionals Choose Online LearningYou are going to be really pleased by the ease and enjoyment online learning provides. Not only does Internet-based training give you complete flexibility with your training pace and hours, (your courses are available to you 24 hours a day, 7 days a week) but it has also been proven you are going to learn better and faster. The Washington State Board of Certified
Residential Appraisers has established minimum educational requirements
for an appraisal license. The minimum educational requirements include
the following: State Licensed Real Estate Appraiser
State Certified Residential Real Estate Appraiser
State Certified General Real Estate Appraiser
IMPORTANT: For detailed information on understanding the 2008 Real Property Appraiser Qualification Criteria, please follow this link to the Appraisal Foundation State Regulatory Agency MPORTANT: For detailed information on understanding the 2008 Real Property Appraiser Qualification Criteria, please follow this link to the Appraisal Foundation What does a Real Estate Appraiser Do in Washington? The values of all types of real estate are made using comparable methods, regardless of the kind of property or who the appraiser works for. Real Estate Appraisers work in Washington communities that they know well so they have a good understanding of any issues that might have an impact on the value of a property. They pay close attention to any unusual features of a property and of the community, such as a certain style of a building or a major roadway next to the property. They also consider other aspects of a property like the quality and condition of the building foundation and roof of a building or any changes that may have been made since the building was originally built. They may take photographs to document a certain area or feature, as well as taking pictures of the outside of the structure. After making a visit to the property, the appraiser can establish the fair value of the property by considering home sales in the area for comparable properties, public records, the location, previous real estate appraisals, and the potential for income. Once they have completed all of their research they will put together a detailed report which presents the value of the property along with the reasons that justify the value they arrived at. Washington appraisers work for individual clients and focus on evaluating one piece of real estate at a time. Real estate appraisers frequently specialize by the type of real estate they appraise, such as residential properties, shopping centers, or office buildings. Often, commercial appraisers have the ability to appraise any real property but they choose to appraise property only used for commercial purposes, such as shopping centers or restaurants. Residential property appraisers work on appraising houses or other family residences and only appraise those that accommodate 1 to 5 families. Then there are other appraisers in Washington who serve in a more general way and can value any type of real property. Real estate appraisers develop a detailed summary report for each assignment. Putting these reports together has become faster and more efficient as a result of the use of laptop computers which allow appraisers to research data and complete at least portions of the report while on-site. Digital cameras make it simple to document the physical appearance of a property during the appraisal, and the photos can be used in the citations of the report. Appraisers spend much of their time researching and writing reports. However, with the improvement of computers and other technical advancements, such as wireless internet access, actual time in the office has gone down as so much of the required research can be done more quickly at the actual appraisal site or from home. Obtaining records that used to require a visit to government offices can often be found online. This has positively affected self-employed appraisers, frequently referred to as independent fee appraisers, allowing them to spend much more time on-site doing research and less time in their office. Independent fee appraisers tend to put in a standard forty hour work week and in addition, commonly work evenings and weekends preparing reports. Visits to properties commonly take place during the day, and are based on the client’s schedule. Privately employed appraisers, on the other hand, normally work a 40-hour week. Appraisers normally do their on-site appraisal work alone. Their office may be made up of only themselves or a small support team. Helpful Links |
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RealEstateExpress.comThe American School of Real Estate, Real Estate License school went online in 1996 and was one of the first ARELLO certified real estate schools to offer web-based online real estate license courses. |
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