![]() ![]() ![]() Once you have completed these requirements and sent in the verification, you are ready for your exam. A Live Scan is a fingerprint and background check. Along with this, you are requested to send in a Live Scan. Pass a Background CheckĪfter their waiting and verification period, the OREA will issue a date for your initial Appraisal License exam. This process is similar to your real estate (salesperson) exam application. You need your application (one of the RE forms available on the Department of Real Estate’s website), certificates of completion from your prerequisite courses, and payment forms or checks. Applications are sent to the Office of Real Estate Appraisers (OREA). Apply For Initial Appraisal LicenseĪfter you have completed your exam, you can apply for your license. If you do not pass within those 3 attempts, you are required to retake the prerequisite courses. Following these classes is a live proctored exam. To become a real estate appraiser, the state of California requires you to pass 150 hours of course enrollment. Complete 150 Hours of CourseworkĪs with many real estate jobs, there are prerequisite courses that must be completed before you can take a State Exam. A real estate appraiser is a great career option if you enjoy houses, report writing, and numerical analysis. You can be fresh out of high school and ready to dive into appraisal studies. An associate's, bachelor's, or doctorate degree from college or university is not required. You must be at least 18 years of age to be a residential real estate appraiser. This course does not qualify persons as valuators.Ĭandidates will be required to use HP 12C calculator.To become a real estate appraiser, there are 9 steps you must meet: 1. The three (3) classical approaches to Valuation.Real Estate Mathematics & Legal Aspects of Real Estate.Persons employed with a Real Estate Agency Persons interested in Real Estate Valuationĥ O'Levels including Mathematics and English OR Participants will be exposed to the various step-by-step processes that influence the value of real property and the preparation and interpretation of valuation reports. It covers the major decisions and considerations when performing the function of real estate valuation and explains the economic and financial principles on which the discipline is based. Upon completion, the graduate will have a working knowledge about valuation and appraisal theory, the real estate environment and markets and the services customers expect from real estate valuators and appraisers. It will assist real estate sales practitioners, valuation and appraisal technicians, and other industry practitioners such as bankers and insurance personnel, in understanding and applying the basic principles and techniques of real property valuation. This course provides a practical introduction to real estate valuation. Therefore, from a stakeholder perspective, the real estate industry would be well served by a pool of knowledgeable career professionals who are appropriately qualified to practice. Clients would also place a considerable amount of trust in agents who act as legitimate consumer representatives. The real estate industry is rapidly growing in Trinidad and Tobago and the wider Caribbean, and clients will continue to depend more on the advice of real estate sales agents. Otherwise, please scroll down to learn more! Do you already know about this programme of study? ![]()
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