Are you thinking to become a real estate appraiser in New York? If so, this is the perfect career series for you.
As a real estate appraiser in New York, 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 8.41 million people residing in New York, of which, New York City, Buffalo, Rochester and Yonkers 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 10,283 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 3,549 appraisers in New York. The breakdown is as follow:
- # of Certified General Appraisers 1,655
- # of Certified Residential Appraisers 1,740
- # of Licensed Residential Appraisers 154
To help you get to know what it is like to be a real estate appraiser in New York, I did extensive research through different sources. In the “New York Real Estate Appraiser Career Series.”, you’ll learn the following:
- How to Obtain a Real Estate Appraiser License in New York?
- How Much do Real Estate Appraiser Make in New York? (Trainee| Residential| Commercial)
- How to Pass the New York 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 – New York Housing Market (source)
- Department of State