Job Survey: Real Estate Residential Appraiser

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Location: Farmington Hills, MI Experience: Mid-level Highest Level of Education: High School Diploma

Job Responsibilities Inspect properties and report on the value given to each property for mortgage financing. Job Requirements Appraisal classes, 2000 hours on the job training and continuing education (28 hrs) every two years. Uppers I can make my own schedule and work from home. My hours are part time and I make a full time salary. Downers When interest rates go up my income decreases. Lifestyle I do have to dress professionally which can be a downer when it is rainy or snowy. Work hours are determined by me and the homeowner. Compensation I make 36% of our fee and made $73,000.00 last year (2004) Advice to Jobseekers There are many people who have a limited license and can not find a job to do their 2000 hours. I would strongly recommend finding someone or somewhere to work before taking the classes because it may just be a big waste of money. This Real Estate Residential Appraiser career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys. Read all Vault Career Surveys for the inside scoop on specific jobs Read Vault Employee Surveys for the inside scoop on specific employers Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools