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7 Reasons to Upgrade Your Appraisal License

McKissock

Here’s a list of what you can appraise at each level: Licensed residential appraiser: Non-complex 1-4 residential units with a transaction value of less than $1 million (subject to individual state laws). Complex 1-4 residential units with a transaction value less than $250,000 (subject to individual state laws).

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.