Are you thinking to become a real estate appraiser in Alabama? If so, this is the perfect career series for you.
As a real estate appraiser in Alabama, 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.
There are over 4.8 million people residing in Alabama, of which, Birmingham, Montgomery, and Mobile are some of the most populous cities. The greater the population, the more likely of real estate transactions, which leads to higher demand of appraisal works. According to the RedFin, just in the month of March 2022, there were 2,452 homes sold.
When we reviewed the Active Appraiser Credentials Summary Report (as of April 2022) displayed on the Appraisal Subcommittee website, there are a total of 1,279 appraisers in Alabama. The breakdown is as follow:
- # of Certified General Appraisers 629
- # of Certified Residential Appraisers 596
- # of Licensed Residential Appraisers 54
To help you get to know what it is like to be a real estate appraiser in Alabama, I did extensive research through different sources. In the “Alabama Real Estate Appraiser Career Series.”, you’ll learn the following:
- How to Obtain a Real Estate Appraiser License in Alabama?
- How Much do Real Estate Appraiser Make in Alabama? (Trainee| Residential| Commercial)
- How to Pass the Alabama Real Estate Appraiser Exam? (+ Sample questions)
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- Bureau of Labor Statistics – Property Appraiser and Assessors (source)
- HomeAdvisor – How Much Does A Home Appraisal Cost? (source)
- Appraisal Subcommittee- Active Appraiser Credentials Summary Report (Source)
- RedFin – Alabama Housing Market (source)
- Alabama Real Estate Appraiser Board (source)