Appraisal Management Companies Tell All… How to Become a Commercial Real Estate Appraiser Tuesday, December 27, 2016
Even in the current economy, appraisal management companies are seeking qualified commercial real estate appraisers. So, if you are looking for a career in commercial real estate, it’s a perfect time for you! Before you get started, you should have a basic understanding of two things:
- What do commercial real estate appraisers do?
- What are the requirements for becoming a property appraiser?
Role of a Commercial Real Estate Appraiser
In general, a commercial real estate appraiser inspects a property or properties. There are all types of commercial properties involved with this job – from office buildings to warehouses, all the way to apartment buildings, stores, and land for sale.
The role of a commercial real estate appraisal professional is to provide an expert opinion on the value of real estate. This is done by performing a walk-through and assessment of the property, surrounding area, and other factors. In order to be able to adequately conduct this task, education and training should be completed; specific licenses and certifications are also required, prior to starting out on the job. In fact, a real estate appraisal management company will screen property appraisers before hiring them. Therefore, without the proper education and licensing, you would not be hired.
Requirements will vary by state, but typically, a real estate appraiser is required to have at least a bachelor’s degree. There are some courses that will benefit this profession, such as:
- Computer Science
- Real Estate Law
Federal law then requires that state certifications are met for a real estate appraiser to practice. There are two federally required certifications:
- Certified Residential Real Property Appraiser
- Certified General Real Property Appraiser
Skills to Help You Stand Out
As with any profession, there are some additional skills that will put you above average, as compared to your peers, when applying to one of the best appraisal management companies. You may want to consider a profession in commercial real estate appraisal if you possess any of these qualities in an exceptional form:
- Analytical skills
- Customer-service skills
- Organizational skills
- Problem-solving skills
- Time-management skills
Apply to Appraisal Management Companies
The best approach is to learn your passion and then research your state’s specific requirements. Once you have an understanding of those two items, you can begin your journey; submit your application to many of the commercial appraisal management companies in the area.
The Robert Weiler Company is the most sought-after commercial real estate company Columbus, Ohio has to offer. With almost 80 years of excellence in the industry and help in building our community, we are here to stay! Our seasoned professionals enjoy helping our clients throughout the state of Ohio with all of their CRE needs. In your quest to work at one of the top appraisal management companies, give us a call at 614-221-4286.