While there are few standard forms of training for aspiring appraisers, some individuals enroll in appraisal certificate programs. Graduates who want to pursue voluntary certifications can earn them through the American Society of Appraisers. Educational and appraisal experience requirements apply.
Prospective students must have a high school diploma or equivalent and postsecondary education in business or history are recommended, but not always required to gain admission into an appraiser certificate program. Course lengths of these programs typically vary.
Estate Appraisal Certificate Program
The courses offered within an appraisal certificate program cover the methodologies and skills used by professional appraisers. Some of these include:
- Valuation theory
- Primary and secondary resources
- Market economics and statistics
- Donation and loss appraisal methods
- Managing an appraisal business
- Ethical standards
Employment Outlook and Certification
Professional appraisers have the option to earn accreditation by the American Society of Appraisers, which can provide them with a level of professional designation. To earn accreditation, individual appraisers must submit a file to the organization's International Board of Examiners, who judge educational background and appraisal experience. Those who gain accreditation are awarded certification by the American Society of Appraisers.
According to the U.S. Bureau of Labor Statistics (BLS), appraisers and assessors of real estate are projected to see a seven percent growth in employment from 2018-2028. The mean annual salary for these professionals was $61,870 as of May 2018.
Appraisal certificate programs provide the necessary technical knowledge and practical skills used in calculating the value of different properties. Certificate holders may obtain accreditation after gaining the required work experience.