• For individuals
  • For companies

Become a real estate appraiser in Oregon, OR

Start your journey to becoming a real estate appraiser in Oregon, OR. Gain the knowledge and skills needed to excel in this rewarding profession.?

How to become a real estate appraiser in Oregon, OR

To become a real estate appraiser in Oregon, OR, one must meet certain requirements and adhere to specific licenses and regulations. Firstly, aspiring appraisers must complete the necessary education, which includes 75 hours of basic appraisal principles, 75 hours of basic appraisal procedures, and 4,000 hours of supervised experience under a certified appraiser. Additionally, they must pass the state examination and obtain a license from the Oregon Appraiser Certification and Licensure Board. It is important to note that continuing education is also required to maintain the license, with 28 hours every two years. Compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) is mandatory, ensuring ethical and professional conduct in the field.

Key skills of a real estate appraiser

The key skills of a real estate appraiser include knowledge of property valuation methods, understanding of local real estate market trends, ability to analyze and interpret data, attention to detail, strong communication skills, and adherence to ethical standards and regulations.

Free Resume Builder

Get started

Core competencies of a real estate appraiser

The core competencies of a real estate appraiser include knowledge of property valuation methods, understanding of local real estate markets, proficiency in data analysis and research, ability to interpret and apply relevant laws and regulations, strong communication and report writing skills, attention to detail, and ethical conduct.

Salary of a real estate appraiser in Oregon, OR

The salary of a real estate appraiser in Oregon, OR can vary depending on factors such as experience, qualifications, and location. According to data from the Bureau of Labor Statistics, as of May 2020, the median annual wage for real estate appraisers in Oregon was $63,040. However, it is important to note that this figure represents the midpoint, and actual salaries can range from around $40,000 to over $100,000 per year. Additionally, factors such as specialization in residential or commercial properties, working for a private firm or government agency, and the demand for appraisers in a particular area can also impact salary levels.

Best online remote job board

Find remote jobs

What does a real estate appraiser do?

A real estate appraiser is responsible for determining the value of a property by conducting thorough inspections, analyzing market data, and considering various factors such as location, condition, and comparable sales. They assess both residential and commercial properties to provide an unbiased and accurate appraisal report that helps buyers, sellers, lenders, and other stakeholders make informed decisions regarding the property's worth. Appraisers also stay updated on market trends, regulations, and industry standards to ensure their evaluations are reliable and comply with professional guidelines.

What is the best way to become a real estate appraiser in Oregon, OR?

To become a real estate appraiser in Oregon, one must follow a specific set of steps. First, complete the required education, which includes specific appraisal courses and a bachelor's degree. Next, gain experience by working as a trainee under a certified appraiser for a minimum of 2,000 hours over a period of at least one year. After completing the experience requirement, pass the state licensing exam and submit an application to the Oregon Appraiser Certification and Licensure Board. Finally, maintain your license by fulfilling continuing education requirements. Following these steps will ensure a successful path to becoming a real estate appraiser in Oregon.

How long does it take to become a real estate appraiser in Oregon, OR

In Oregon, the process to become a real estate appraiser typically takes several years. It involves completing the required education, gaining practical experience under the supervision of a certified appraiser, and passing the necessary exams. The specific timeline can vary depending on the individual's dedication and the level of appraiser they aim to become, ranging from a licensed residential appraiser to a certified general appraiser.

Your Personal Career Adviser

Free Career Interest Test

Free Personality tests

All of the following assessment tools explore an individual's personality thoroughly, although the Big5 is the gold standard among personality assessments. And what’s key is that are all available for free here: