How to Become a Real Estate Appraiser in Connecticut?


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As a real estate appraiser in Connecticut, your job is to provide an assessment of the properties’ market value for your clients. Your appraisal report could be used by a home buyer or seller, a mortgage lender who wants to understand the value of the collateralize assets, an individual who needs it for tax assessment or even lease negotiation.

Regardless of who is in needs of your appraisal services, it is your responsibility to make sure your assessment is unbiased, objective, and professional.

To become a real estate appraiser in Connecticut, you would start off in working as a Provisional Appraiser, then pursue your license to a higher level such as the Licensed Residential Appraiser, Certified Residential Appraiser, and the Certified General Appraiser.

You must fulfill the qualifying appraisal education, work experience requirement and register with the Connecticut Real Estate Appraisal Commission. It is the regulatory body which handles the licensing, and regulates the appraisal industry.

Connecticut Real Estate Appraiser Licensing Requirement

How to Become a Provisional Appraiser in Connecticut?

To begin your journey as an appraiser, your first step is to become a Provisional Appraiser. At the trainee stage, you will be supervised by a certified appraiser. An experienced supervisor could guide you into the right direction in this career.

Your mentor should educate you with hands-on appraisal techniques, effective ways to research on a property, and how to analyze the data.  Most importantly, how to determine an unbiased estimation of the property’s market value.

Your daily routine could include doing property research, working on appraisal reports, or inspecting real estate together with the supervisor.

To benefit the most from this trainee stage,  you should walk through each and every step in the appraisal process, observe carefully on how your supervisor inspect and evaluate real estate, and always raise your questions.

4 Steps to Become a Provisional Appraiser in Connecticut

Step 1: Meet the Basic Requirement:

  • You must be at least 18 years old
  • Have a valid Social Security Number
  • No prior related experience is needed
  • No college-level education requirement.

Step 2: Complete the Pre-License Education

You need to complete the 75 hours of qualifying appraisal-related education. Here’s a table with the specific courses requirement.

Also, you’ll need to take the Trainee/Supervisor course and Connecticut Appraisal Law with Supervisor / Provisional Education.

Step 3: Submit Application to the Connecticut Real Estate Appraisal Commission  

Now you have completed the education prerequisites, your next step is to register with the Appraisal Commission. Here are the details.

Step 4: Find a Certified Appraiser to be Your Supervisor

supervisory appraiser

You might wonder how to find a supervisory appraiser. You could start connecting with Certified Appraisers through different industry associations, forums or even on LinkedIn. The more appraisers you connect to, the bigger the chance you could find a supervisor.

Before you and your mentor start working together, you must inform the Real Estate Appraisal Commission about the mentoring relationship.

You also need to keep track of your working hours with the board-approved experience log. This document is important for the purpose of upgrading your appraiser license in the future.

Keep in mind that you and the supervising appraiser are required to sign on every page of the experience log. Not sure where to find a supervisory appraiser? Don’t worry! Here are 10 practical tips in doing so.

How to Become a Certified Residential Appraiser in Connecticut?

Certified Residential Appraiser

As a Certified Residential Appraiser, you can assess for:

  • residential properties with 1 to 4 residential units regardless of the transaction value or complexity.
  • non-residential 1-4 units property given that the transaction value is no more than $250,000

Just like a Licensed Residential Appraiser, you could a self-employed appraiser running your own practice, servicing clients such as individuals, lenders, banks, or appraisal management companies (AMC).

If you want to know how to set up your appraisal business, you might also want to check out this post.

Alternatively, you could work for an appraiser firm, financial institution, or assessor’s office to become their in-house appraiser, where you could enjoy the stable income and company’s benefits.

However, there is no restriction on the transaction value of residential properties you could assess. The scope of your practice and business opportunity would be a lot wider than being a Licensed Residential Appraiser. In fact, many reputable lenders and financial institutions in Connecticut only accept assessment work from Certified Appraiser.

That being said, let’s review the steps for you to become a Certified Residential Appraiser.

5 Steps to Become a Certified Residential Appraiser in Connecticut

Step 1: Meet the Basic Requirement:

  • You must be at least 18 years old
  • Have a valid Social Security Number
  • Hold a Bachelor’s degree or higher

Step 2: Complete the Appraisal Work Experience

You need to complete a minimum of 2500 hours of acceptable appraisal experience in not less than a 24 months period.

Step 3: Fulfill the Education Requirement

You’ll need to complete 200 hours of qualifying appraisal education from an approved course provider.

Since you should have taken some of the courses when becoming a Provisional Appraiser,  you are only required to complete the extra classes. 

Step 4: Submit Application to the Connecticut Real Estate Appraisal Commission

Once you have fulfilled the education and working experience requirement, it’s time to submit the license application.

Whenever possible, I strongly encourage you to make the submission electronically online. Not only this is the quickest and most convenient way, but less paper mailing is also good for the environment.

Step 5: Pass the Certified Residential Appraiser Exam

Doing multiple sets of practice questions is an excellent way to prepare for the exam and also boost your confidence. You may click here for more details about the National Exam writing.

Is real estate appraiser a good career? This is one of the common questions I hear a lot. Therefore, I spent months and months in connecting with different real estate appraisers. Here are their valuable insights about this profession. Make sure to check it out!

How to Become a Certified General Appraiser in Connecticut?

Certified Residential Appraiser

So you want to explore appraising for commercial real estate? Then becoming a Certified General Appraiser would be the way to go!

This level of license is the highest one you could get in the appraisal industry. You could assess all types of real estate regardless of the transaction value or complexity. There is no limitation on the scope of your appraisal work.

Although you still could evaluate for residential properties, you could also be appraise a portfolio of commercial real estates for institutional investors.

[Read: Is Commercial Real Estate Appraisal a Good Career?]

Since your clients depend on your appraisal reports in making an informed investment decision, you must be extremely careful and responsible when handling your work. Extensive research and site inspections are often required. It is your responsibility to provide your clients with an objective appraised value as accurate as possible.

Due to the requirement of low margin of error in your work products, the amount of work experience and education required to become a Certified General Appraiser is the most challenging among all the levels of licensing.

But first you would need to become a Certified General Appraiser, so let’s go through the steps to get you this credential.

5 Steps to Become a Certified General Appraiser in Connecticut

Step 1: Meet the Basic Requirement:

  • You must be at least 18 years old
  • Have a valid Social Security Number
  • Bachelor’s Degree in any field of study; or higher

Step 2: Complete the Required Hours of Working Experience

You must have at least 3000 hours of acceptable appraisal experience where they need to be obtained for over a 30 months period. At least half of the working experience needs to be from non-residential appraisal work.

Step 3: Fulfill the Education Requirement

You’ll need to complete 300 hours of qualifying appraisal education from an approved course provider.

You should have completed some of the courses when the previous license(s). Therefore, you are only required to complete the extra classes. Here are the specific courses requirement.

Step 4: Submit Application to the Connecticut Real Estate Appraisal Commission.

Once you have completed all the education and working experience prerequisites, you should fill out the license application. Later in this post, I’ll go over the documents and fees needed for the registration process.

Step 5: Pass the Certified General Appraiser Exam

The final step is to pass the Certified General Appraiser Exam. Most test centers would require you to bring at least two valid IDs to verify your identity. Don’t forget to bring them along. Else you won’t be able to write the exam.

Courses Requirement for Connecticut Appraiser Licenses

 Provisional Appraiser
(Credit Hours)
Certified Residential Appraiser
(Credit Hours)
Certified General Appraiser
(Credit Hours)
National USPAP Course or Equivalent15 15 15
Basic Appraisal Principles30 30 30
Basic Appraisal Procedures30 3030
Residential Market Analysis and Highest & Best Use 15
Residential Appraisal Site Valuation and Cost Approach 15
Residential Sales Comparison and Income Approaches 30
Residential Report Writing and Case Studies 15
Statistics, Modeling and Finance15 15
Advanced Residential Applications and Case Studies15
Appraisal Subject Matter Electives 20 30
General Appraiser Market Analysis and Highest & Best Use 30
General Appraiser Site Valuation and Cost Approach 30
General Appraiser Sales Comparison Approach 30
General Appraiser Report Writing and Case Studies 30
General Appraiser Income Approach 60
Total75 hours200 hours300 hours

Here’s a complete review of the top 5 appraisal courses providers.

Register at the Connecticut Real Estate Appraisal Commission

Real Estate Appraiser Application

Once you have fulfilled all the prerequisites, you could submit your application to the Connecticut Commission. In additional to the application, you must provide the following:

  • Registration fee
  • Supporting legal documents
  • Evidence which shows you have completed the required hours of Board-approved appraisal courses. (i.e., Official transcripts, course completion certificates).
  • Proof that you have fulfilled the specific requirement of post-secondary education for your license (i.e.: Diploma, official transcripts, certificates.)
  • Stated Approved Appraiser Experience Log  (Only if you are applying to become Certified Appraiser)

If you have any questions, you could contact the Connecticut Commission of Real Estate Appraiser at dcp.realestate@ct.gov.

What is the Format of the CT Real Estate Appraiser Exam?

Real estate career studying

Once the State Board accepts your application, they will send you a notice with instruction to schedule the exam. PSI will administer the exam, where you can take it on a computer at their examination center.

  • Certified Residential Appraiser Exam is a 4 hours exam;
  • Certified General Appraiser Exam is a 6 hours exam

The licensed and certified exams consist of 125 questions. Only 110 questions will be scored, the other 15 are pretest questions. The required passing score is 75. You will immediately know your score once you finish writing the test.

The exam fee is $125. You could find out more details in the Connecticut Real Estate Appraiser Licensing Candidate Information Bulletin.

[Read: 10 practical tips to pass the real estate appraiser exam]

Appraiser License Renewal and Continuing Education Requirements

All real estate appraisers in Connecticut are required to renew their license every year by April 30th.  A notice will be either posted/emailed to you 30 to 45 days before the license expires.

In addition to the online renewal application, you’ll need to:

  • Finish 28 hours continuing education every 2 years months, of which must include
    • 7 hours of National USPAP Update course 
    • 3 hours of Connecticut Real Estate Appraisal Law Update
    • There’s no limitation of taking online courses 
  • Pay the renewal fee

To prevent interruption to your appraisal practice, you should renew it and complete all continuing education requirement before the license expiry date. 

Career tip: Since you’ll need to take the CE courses, don’t waste your money by taking random classes. Choose the one that could really sharpen your appraisal skills, where you could apply what you learn into the field. Here is an article review of the 10 CE courses that I like.

How Much Does a Real Estate Appraiser Make in Connecticut?

Real Estate Appraiser Income

Your income as a real estate appraiser depends on many factors such as your experience, licensing level, the type of properties you specialize in appraising, the company size, its location, and most importantly, the amount of effort you are willing to put into this career.  Therefore, the earning difference between real estate appraisers in Connecticut could be large.

According to the figures on Sokanu.com, despite the starting annual salary is only around $27,350, it has the potential to go up to $102,670 for high earners. Of which some appraisers could be working full-time or part-time.

The average annual salary of real estate appraisers in Connecticut is $66,860,  which is 83% higher than similar careers within the same state.

Based on the Oct 31, 2018 figures on Salary.com, appraisers who focus their practice on commercial properties tend to have a more lucrative compensation than residential real estate appraisers.

The average annual salary of residential real estate appraisers is $57,519. The range generally is between $47,399 and $66,457.

Whereas, an appraiser who specialize in assessing commercial real estate has an average annual salary of  $107,153 . The range is mostly between $92,165 and $122,921.

Can real estate appraisers earn six-figures income annually? Here’s an article that talks about the different factors that could affect an appraiser’s earning.

How Many Real Estate Appraisers are in Connecticut?

There are over 3.5 million people residing in Connecticut. Of which Bridgeport has the most population, followed by New Haven, Hartford, Stamford.

According to the Appraisal Subcommittee website (July 2019), there is a total of 1212 appraisers in Connecticut.

  • # of Certified General Appraisers – 516
  • # of Certified Residential Appraisers – 696

Helpful Tips for Appraisers in Connecticut

Tip#1: Take the required appraisal courses asap

You could read as much about the appraisal career as you want, but your journey would not begin unless you start taking action.

Taking the real estate appraiser classes would be your first step. Not only you could gain valuable knowledge and practical skills, but you will also have a better understanding about what is like to be an appraiser.

Besides, most states would require you to complete all the trainee education before your working experience could count toward the licensing requirement. (Click here to find out why this online appraisal school could be a good choice for you.)

Tip#2: Build your network with other real estate professionals in Connecticut

Connecting with other appraisers in Connecticut is a good way to gain a better understanding about  the appraisal industry. You could do so by joining industry affiliations, online forums or even LinkedIn groups. For instance, the Connecticut Chapter of the Appraisal Institute.

Here’s a list of real estate professional groups on our resource page. Remember to check it out!

Start with a friendly conversation. Let them know that you are starting your career as an appraiser, ask them if they have any tips or advice for newbies to the industry.

In addition, you should network with other professionals in the real estate field. Mortgage agents, lenders, and realtors can all provide you with valuable insight, which could be very helpful to your career building in the long haul.

Tip#3: Specialize in a specific appraisal niche

Just like many other states, the business to appraise residential properties could be quite competitive. As you could imagine, there is a considerable overlap of targeted customers for the first three levels of licensing.

If you are known as “Just another appraiser”, you would inevitably end up in a price wars with your competitors. To make your practice more profitable, you should upgrade your knowledge and focus on one or two specific appraisal niche. (i.e. expert witness, farm appraisals, VA appraisals)

[Read: 7 Profitable Appraisal Niche that Many Are Missing Out]

Current Real Estate Appraiser Jobs Opportunity Available in Connecticut

Note: The list of Appraiser Jobs Opportunity is coming soon. Please stay tune

Disclaimer: The information in this post is for general information only, and not intend to provide any advice. They are subjected to change any notice, and not guaranteed to be error-free. For full and exact details, please contact The Connecticut Real Estate Appraisal Commission.

Reference:

Jacob Coleman

Jacob is a content writer and a real estate investor. He has experience working with different real estate professionals throughout the years. (i.e., appraisers, real estate agents, property managers, home inspectors.) In order to build a career you love, Jacob believes not only you need a thorough understanding about the profession, but you also have to find out what type of jobs could match your personality, lifestyle and expectation.

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