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Question

i need help getting a apprentice job in order to get my real estate appraisal license in New Jersey. any help?
I've completed the neccessary courses to be an apprentice, but cannot find any Certified Appraisers that will take me on as an apprentice. I need to get my hours in order to qualify for a Real estate Appraisal License. The state agency in charge of the field wont even provide info as to who is qualified to mentor! I feel stuck and helpless...anyone know how to overcome this hurdle? or any tips as to where to find assistance? i'm in New Jersey and i hear this is a tough state to get into the Appraisal business. Help!!

Posted by alvinpearis on 09/02/07
Total Answers: 3

Answers-

Try looking for apprenticeships/internships with your local county governments. In my state a neigbhoring city is always advertising for appraiser interns to work with government properties and with the tax assessment office.

Answer posted by dragonfly_3 on 2007-09-02 16:36:03


Good luck. When I first started I sent out over 80 resumes and only had one call and things were good in the market. I sent out resumes to every appraiser in the phone book in 4 countys. The problem is now there is not a lot of work and to split it with a trainee and would cut into the appraisers fees. You will have to knock on every appraiser door in 50 miles. You may even have to find your own clients and thats hard when your a trainee, but if you can bring some clients to the appraiser, then they may take you in. You also have to understand you are dumber than a box of rocks as far a doing appraisals go. Its a lot of work and takes a lot of time to train you and you are going to make very little the first couple of years around 20%-30% of the appraisal. I went through $20,000 from my savings, just to pay may bills the first couple of years. Its a long road, all up hill. Try appraisersforum.com. they have a place you can post that you are looking for a trainee position. You have a lot more classes to take and that is a good place to network with other trainees.

Answer posted by Leo F on 2007-09-02 17:03:01


My suggestion to you would be to take another class in home inspections as getting a becoming a home inspector is easier. It seems most larger appraisal firms are adding home inspection to their business with the current market conditions if you add this you will become a great asset and will even gain pay while your gaining credits toward your license. If you want to gain some experiance with the mls system feel free to let me know I can help you there.

Answer posted by Vinnie on 2007-09-02 17:06:42


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