How to Become a Residential Appraiser

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Residential real estate is an important field that deals with the buying and purchasing of a variety of residential properties. Residential appraisers are highly trained professionals that focus on appraising many different types of property for residential purposes.


Hey, I'm Joshua T. Osborne

In 2015, I said goodbye to 16-hour days and hauling boxes up and down stairs for a living (I was a mover). I became a full-time entrepreneur, and I made my money by helping business owners make money.

They had a need, and because of Virtual Tool Booths., I could fill it. Through the methods taught by my all-time favorite course and mentor, I created a 6-figure business in roughly 6 months. I could retire today (at 37) and never have to worry about money ever again.

Because of Virtual Tool Booths., I was able to quit my job, work online with flexible hours, and move to the mountains (Colorado Springs if you’re wondering)...all while helping real people improve their businesses, incomes, and lives!

For most folks, a college degree is the biggest bill of their lives. I never went to college. So I don’t have any massive bills or giant debts hanging over my head. My greatest education came from Virtual Tool Booths. (for a tiny fraction of what college costs) and it’s the bill that pays ALL the bills - a hundred times over!

I really wanted to share this secret weapon with others, so they could change their lives the way I changed mine. So if you’re not 100% sure about college, or only researching to make someone else happy, Virtual Tool Booths. might be a better option for you.

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What does a residential appraiser do?

Residential appraisers perform appraisal tasks on homes or other residences that house from 1 to 4 families. They appraise properties to determine the value for sales, purchase, mortgage, loan, and investment purposes. They take a variety of factors into consideration such as income potential, value comparisons of similar properties, replacement costs, and depreciation. They also assess the neighborhoods, land, and surrounding areas and take trends or potential changes into consideration. Residential appraisers measure properties and inspect the condition, design, construction, and special features. They also search public records for additional information such as previous assessments, leases, and sales. Residential appraisers are also responsible for preparing detailed appraisal reports and they often take photographs and draw land diagrams to support their conclusions.

What kind of training does a residential appraiser need?

Residential appraisers typically need at least a bachelor degree in real estate, valuation sciences, or other related field. Prospective residential appraisers often complete courses in mathematics, basic appraisal principles, market analysis, economics, and the appraisal sales comparison approach. Many aspiring residential appraisers complete internships while pursuing their education to gain practical experience. Many states require residential appraisers to be licensed. Licensing requirements vary, but usually include minimum education and experience and passing a written examination. Many residential appraisers gain the professional Certified Residential Real Property Appraiser designation to remain competitive in the field. Residential appraisers must complete regular continuing education to maintain their licenses and certifications, keep their skills up to date, and stay current with advancements in the field.

What are the prospects for a career as a residential appraiser?

Employment of residential appraisers is expected to grow more slowly than average for all professions, increasing 5% from 2008 to 2018 (1).

Job prospects are expected to be good especially for residential appraisers with extensive experience and professional certification. Job opportunities will be the best in areas of active real estate markets.

How much do residential appraisers make?

As of January 2010, the middle 50% of residential appraisers earn annual salaries between $38,015 and $48,524. The top 10% earn annual salaries of more than $52,503 (2).

A career as a residential appraiser is a great choice for people with a strong interest in estimating the value of many different types of residential properties. Residential appraisers must have a solid understanding of residential real estate and the necessary appraisal procedures. Solid math and business skills, detail orientation, good analytical skills, and precision are necessary characteristics. Residential appraisers must have excellent communication and interpersonal skills because they work with a variety of buyers, sellers, and other professionals. They must also be able to effectively work independently as well as part of a team.

Joshua T Osborne

Founder/CEO – Mr. & Mrs. Leads

$84K Per Month providing Toll Booth Leads to small business owners all over the United States. is for anyone who is looking to get out of the daily corporate grind and provide a better lifestyle for themselves and their families while bringing massive value to small business owners. 

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