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Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

We’ll help you make an informed decision and find the right Chicago real estate classes or online program to best fit your budget, timeline, learning style and schedule. Participants choose from designated class dates. Q&A available w/ live streaming webinar 75-Hr Live Broker Class $559 Classes on designated dates / times.

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5 best Arizona real estate schools for 2024

Housing Wire

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Deluxe: Required 90 hrs of coursework. General support is also available via live chat.

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Appraisers Share Their Top Professional Goals for 2022

McKissock

As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. If you, too, see retirement on the horizon, here are some useful resources designed specifically with appraisers in mind: Investment Tips: How to Grow Your Retirement Savings.

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5 Ways to Fast-Track Your Appraisal Career

McKissock

To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Next, identify goals designed to grow your career. Try to set specific goals for yourself.

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Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

They tend to assume that the trainee, once she earns the Certified Appraiser designation , will set up shop as a competitor. A: The standard model for taking on a trainee is on-the-job training, developing individuals by letting them learn by doing. On the other hand, the appraisal industry needs fresh blood.

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.