Thursday, March 8, 2012

Work-From-Home Job Spotlight: Real Estate Appraiser

Each Thursday, I’m highlighting a work-from-home job or business.


Job Description: A real estate appraiser estimate the value of residential or commercial property whenever it is developed, insured, mortgaged, sold or taxed.

Education: At least an associate’s degree is required, although a bachelor’s degree is preferred. Many states require certification or licensing to legally operate as an appraiser, which might necessitate taking specialized courses from a reputable association or organization.

Skills: An attention to detail, plus math and analytical skills a plus.

Job outlook: The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) finds that “Demand for appraisal services is strongly tied to the real estate market. … Employment of appraisers and assessors of real estate is expected to grow more slowly than the average over the 2008-18 decade, increasing by 5 percent. … Employment opportunities should be best in areas with active real estate markets.” Check out the BLS Occupational Outlook Handbook for more details.

Possible employers: Check out the Appraisal Institute, American Society of Appraisers and the National Association of Real Estate Appraisers for networking and other professional opportunities. Also, contact local real estate offices to inquire about appraisal work.

Preparation: Become a Certified Residential Real Property Appraiser or a Certified General Real Property Appraiser.

Get your foot in the door: Ask another local real estate appraiser if you could shadow her on the job to see if this is a good fit for you.

Until next time,

Sarah

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