How to Become a Real Estate Appraiser in Florida

 

To become a real estate appraiser in Florida, you'll have to first apply to be a Registered Trainee Appraiser.

 

Real estate appraisers inspect and take measurements of real property (land, homes, apartments, office buildings, etc.) in order to arrive at an accurate value of the property.

In any real estate transaction that needs a loan, a real estate appraisal will be required by the bank or lender. This includes purchase as well as refinancing transactions.

Consequently, there are many career opportunities for real estate appraisers in active real estate markets.

Real estate appraisers can be self-employed and work for themselves or they can work for mortgage firms, banks, lenders and government agencies.

 

Here's what you need to know to become a real estate appraiser in Florida:

1) Real Estate Appraiser Licensing Requirements in Florida

2) Real Estate Appraiser Job Duties

3) Income Potential

4) Florida Real Estate Appraisal Schools

 

 

How to Become a Real Estate Appraiser in Florida

 

1) Real Estate Appraiser Licensing Requirements in Florida

In Florida, real estate appraisers MUST be licensed by the Florida Department of Business and Professional Licensing.

To become a Registered Trainee Appraiser, you must:
 

 

After receiving 2500 hours of appraisal experience and completing 120 hours of approved education,  you may apply to become a Certified  Residential Appraiser. There is a $377 fee.

 

The levels of real estate appraiser licensing in Florida are:

 

 License Levels Education Requirements Experience Requirements Exam Scope of Practice
Certified Residential Appraiser A minimum of 120 hours of approved appraisal  education, with at least 15 hours on USPAP. Minimum 2,500 hours of acceptable appraisal experience over at least 2 years. Must pass the AQB approved certified residential examination. May appraise all 1-to-4 unit residential property.
Certified General  Appraiser A minimum of 180 hours of approved appraisal  education  and 15 hours on USPAP. Minimum 3,000 hours of acceptable appraisal experience, over at least 2.5  years. Must pass the AQB approved certified general examination. May appraise all types of real estate.



 

NOTE: Education, Experience, Testing, and Continuing Education are subject to change based upon criteria established by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation

 

 

2) Duties of Real Estate Appraisers

A real estate appraiser's job is to estimate the value of real property. Real property consists of land, buildings, and even natural resources such as water, oil, or minerals.

The estimate of value is known as an appraisal. A real estate appraisal is made when real property is bought, sold, assessed, taxed, condemned, insured, or mortgaged.

A real estate appraiser's job duties also include:

 

 

3) Income Potential in Florida

According to the Florida Agency for Workforce Innovation, the 2003 median salary of Real Estate Appraisers in Florida was approximately $35,200/year.

Salaries ranged from under $248,000/year to over $68,000/year.

 

4) Real Estate Appraisal Schools in Florida

If you are interested in becoming a real estate appraiser in Florida, you will need to take classes that are approved by the Florida Department of Business and Professional Licensing.

Please call the Board at (850) 487-1395 prior to signing up for classes.
 

Name of Provider

Real Estate Appraisal Schools for Florida

 

Academy of Real Estate Education, Inc.

Fort Myers, FL       

941.433.4200

 

Cooke Real Estate School Headquarters, Inc.

St. Petersburg, FL

727.522.6511

 

Florida Real Estate Institute, Inc.

Orange Park, FL

904.269.2555

 

Gold Coast Professional Schools, Inc.

Ft. Lauderdale, FL

305.735.5900

 

Indian River Community College

Ft. Pierce, FL

561.462.4700

 

John E. Lennon III

Boynton Beach, FL

561.495.7094

 

Miami-Dade Community College

Miami, FL

305.237.2000

 

National Education Seminars of Florida, Inc.

Sarasota, FL

941.379.3577

 

North Florida Real Estate College

Lake City, FL

904.755.4040

 

Polk Community College

Winter Haven, FL

941.297.1021

 

Real Estate Education Specialists

Orlando, FL

407.321.9094

 

Real Estate Learning Center, Inc.

Orlando, FL

407.321.9094

 

Seminole Community College

Sanford, FL

407.328.4722

 

Steven W. Vehmeier

St. Petersburg, FL

727.544.9350

 

Susan Collins-Cook School of Real Estate

New Smyma Beach, FL

904.345.2104

 

The Real Estate School, Inc.

Tallahassee, FL

904.222.4940

 

Wil Bowles School of Real Estate, Inc.

Winter Park, FL

407.671.7771

 

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