Is a real estate appraiser a good career?

Real estate appraising is a great career. Lots of flexibility, set your own hours, get to work from home but be outside as well. It's a stressful job at times and a lot of hours including weekends, but overall, a good career. It's extremely difficult to become an appraiser nowadays.

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Arkansas Appraisal

Arkansas Appraisal

Name: Arkansas Appraisal
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.85 (388 reviews)

Category:

Arkansas Probate - Appraisals

State:

Arkansas

Control #:

AR-EB719

Format:

Instant download

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Public form

Description

This Appraisal is submitted to the probate court for purposes of establishing a value for real property that is part of the decedent's estate.

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FAQ

Most appraisals cost $200 $600, with the national average being around $335, according to Home Advisor. However, the cost of an appraisal depends on a few factors, including: The size of the home. The type of home.

The cost of home appraisals depends on the property value, location, and size of your property. They cost a few hundred dollars and typically the buyer pays the fee at closing, although you can opt to pay it up-front.

Appraisal fees are based on the complexity of the appraisal, not the value of the property. Fees are never based on a percentage of the value of the property appraised. Appraisal fees are established by each firm.

Residential appraisers or small commercial appraisers could be sued for professional negligence. In those cases, the most likely claimant in a suit is likely to be the borrower.

The one thing we know for sure is it will cost money for the home seller to obtain an official appraisal and real estate agents will do essentially the same work free. It's called a comparative marketing analysis and they do it free because they hope to win the listing.

Independent appraisers are paid per job. In 2018, standard fees for a Fannie Mae-compliant appraisal are approximately $400. Assignments from AMCs pay in a range of $200 to $350. Doing an appraisal per day for 50 weeks gives a gross income of $50,000 to $100,000.

Home appraisal: Lenders often require buyers to have the home appraised so they know what its value is. Getting a single-family home in Arkansas appraised can cost between about $215 and $343.

Beginning appraisers are called appraiser trainees. They usually work part-time and are paid per appraisal. Appraiser trainees often make between $50 and $150 per appraisal, earning more with increasing experience and expertise.

Real estate appraising is a great career. Lots of flexibility, set your own hours, get to work from home but be outside as well. It's a stressful job at times and a lot of hours including weekends, but overall, a good career. It's extremely difficult to become an appraiser nowadays.

Arkansas Appraisal

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How much should I pay for a home appraisal?

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How is an appraisal fee determined?

Can you sue an appraiser for a bad appraisal?

Do Realtors charge for appraisals?

How much do appraisers make per appraisal?

How much does a house appraisal cost in Arkansas?

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Is a real estate appraiser a good career?

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