Show proof of at least 2 years and 2, hours of experience working as an appraiser or intern; and. Show proof of completion of the following courses: courses must be approved by the Nevada Commission of Appraisers. An applicant for a certificate as a residential appraiser must meet at least one of the following criteria:. Official transcript required b Hold an associate degree in a field of study related to the following: 1 Business administration; 2 Accounting; 3 Finance; 4 Economics; or 5 Real Estate.
Show proof of at least 2 years of and 2, hours experience working as an appraiser or intern, including not less that hours of experience relating to complex property NRS C 0. Show proof of passing the Appraisal examination or proof of active licensure in another state; and. Official transcript required ; and. Show proof of at least 3 years working as an appraiser or intern and 3, hours experience, including not less than 1, hours of experience of appraising commercial real estate of experience ;.
Submit a completed license application; and Show proof of passing the Appraisal examination or proof of active licensure in another state; and Submit required fees:. Those wishing to obtain a Nevada appraiser license and who hold a valid appraiser license in another state, district, or US territory have an abbreviated application process. These individuals must:.
Working an in-house position is one of the alternatives to field work and you also get to enjoy salary pay and health benefits. Official transcript required ; hours of qualifying education courses and three hours of Nevada law from a provider such as McKissock, a leading provider in appraisal education. A certified general appraiser is the highest level of licensing. He or she is able to appraise all types of property — residential or commercial — with no value limit. Typically, these appraisers will spend the majority of their time appraising commercial properties.
Commercial appraisals are much more complex and time consuming and require far more research. There is far less margin of error. The intended user of the appraisal may be basing a significant business decision on the outcome and an erroneous appraisal could result in a loss of millions of dollars.
As a result, the requirements to become a certified general appraiser are more stringent. As a Nevada certified general appraiser, you will typically work in a small to medium sized firm devoted to commercial work.
You may but will rarely complete residential assignments. But if you do decide to complete residential appraisals you can just like licensed or certified appraisers do work for local and national clients devoted to residential transactions. Basic Requirements : Submit a completed license application, show proof of passing the Appraisal examination and pay required fees Training Requirements: 3, hours of experience in no fewer than 3 years including not less than 1, hours of experience of appraising commercial real estate.
Official transcript required ; hours of qualifying education courses, plus three hours of Nevada law from a provider such as McKissock, a leading provider in appraisal education. It is not required to take the required appraisal courses before finding a mentor. However, I suggest taking the courses first for three reasons :. In the meantime, someone else could take your spot. Please submit a resume for consideration.
Of course, if you find a supervisory appraiser who is willing to take you on immediately even before you complete the courses or obtain your trainee license, do it! These initial courses will be your first introduction to basic principles, procedures, practices, and critical laws for the appraisal profession. Key Realty School pre-licensing courses are offered in person or in classroom.
We also offer optional practical sessions for students who wish to observe an onsite appraisal. Once students have completed the required pre-licensing courses, they can activate their internship status through the state of Nevada.
Students may register for an already existing certified or general appraiser and begin to see the practical applications of what they have learned from their appraisal license courses.
Students are eligible to take the appraiser licensing examination once they have completed the required appraisal license courses and state-recognized work experience.
There are a variety of appraiser licenses that require different education and work hour requirements so it is important for students to keep track of their specific license requirements.
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