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Become a certified appraiser in Missouri

Unlock your potential in the real estate market by becoming a certified appraiser in Missouri. This comprehensive guide outlines the necessary steps, from educational prerequisites and licensing requirements to expected salary ranges and career advancement opportunities. Equip yourself with essential skills and insights to thrive in this rewarding profession.

If you're interested in becoming a certified appraiser in Missouri, MO, there are a few steps you'll need to take to achieve this goal. First and foremost, you'll need to meet the state's formal requirements for appraisers.

To become a certified appraiser in Missouri, you'll need to complete a certain number of hours of education and experience. Specifically, you'll need to complete 200 hours of qualifying education, which includes courses in basic appraisal principles, basic appraisal procedures, and the 15-hour National USPAP course. Additionally, you'll need to complete 2,500 hours of experience in no fewer than 24 months.

Once you've met these requirements, you'll need to pass the state's appraiser licensing exam. This exam covers a range of topics related to real estate appraisal, including appraisal principles, market analysis, and highest and best use analysis.

Finally, you'll need to apply for your appraiser certification through the Missouri Real Estate Appraisers Commission. This involves submitting your education and experience documentation, as well as passing a background check and paying any necessary fees.

Become a certified appraiser

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How long does it take to become a certified appraiser in Missouri?

Becoming a certified appraiser in Missouri typically takes about 2 to 5 years. This timeframe includes completing the required education (usually a minimum of 200 hours of coursework), gaining relevant work experience under a licensed appraiser (at least 1,500 hours), and passing the certification exam.

Missouri certified appraiser salary

The salary of a certified appraiser in Missouri can vary significantly based on factors such as experience, location, and specialization. On average, certified appraisers in the state earn between $50,000 and $80,000 annually, with some experienced professionals exceeding $100,000. Those working in metropolitan areas or specializing in commercial properties typically command higher salaries, reflecting the demand for skilled appraisers in a competitive real estate market.

What does a certified appraiser do?

A certified appraiser provides an independent evaluation of a property's value, utilizing a combination of market analysis, property inspections, and knowledge of local real estate trends. They assess various factors, including the property's location, condition, and comparable sales in the area to determine its fair market value. Appraisers prepare detailed reports that outline their findings and conclusions, which are critical for real estate transactions, financing, and taxation purposes. Their expertise is also essential in dispute resolutions and ensuring compliance with legal and regulatory standards. By delivering objective appraisals, certified appraisers play a crucial role in maintaining integrity within the real estate industry.

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