Appraisers and assessors of real estate

Are you interested in Real Estate? If you are, another possible career that would be available for one who has an accounting degree is in the Real Estate Industry. People will always be buying and selling houses, so there will always be a need for Appraisers and Assessors. Median income for these folks is almost $50K per year.
What Does an Appraiser and Assessor Do?
People in these positions will be the ones who figure out what the value of houses, property (land), and buildings are before they are built, bought, or sold. They are responsible for supplying these figures to the Real Estate Agents, banks and lending institutions, tax assessors and collectors, insurance companies, and builders and developers. Their home base is an office, however much of their time is spent on the road appraising properties.
What Kind of Education is Required for this Job?
Appraisers and Assessors must have licenses or certifications for this kind of work. At the minimum, a 2-year Associate’s degree is required before you can apply to be licensed or certified for residential real estate. If you want to work in more complex residential property or commercial property, you will need to have a 4 year Bachelor’s degree. Each state may have its own requirements for education and amount of experience a candidate must have before he or she can legally practice in that state. But again, start small and work your way up!
What is the Outlook for this Kind of Positions?
The growth prediction is around 6% in the next 8 years. If you are interested in working in this type of position, it would be wise to find an area where the real estate markets are active, places where industrial growth is expected, and new residential areas are blossoming. A suggestion for those interested would be to look into becoming a sales agent while attending college for your accounting degree. That will give you an opportunity to understand the field better before you decide to narrow your studies. It would be a good way to test this field.
The Added Benefits of Real Estate Financial Careers
Some people prefer to have a more active job rather than sitting at a desk and computer most of the time. This kind of job would keep you moving from place to place, with limited time behind the desk. Of course, you would still have to do all of the paperwork, but your days could be pretty interesting.

Elaine M. Long
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2014-15 Edition, Appraisers
and Assessors of Real Estate, on the Internet at http://www.bls.gov/ooh/business-and-
Financial/appraisers-and-assessors-of-real-estate.htm (visited February 15, 2014).

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