0
Add your answer:
Earn +20 pts
How much does a real estate appraiser earn?
A Real estate apprizer makes about 58,890 anually
How much do real estate agents make on a sale?
Depends on broker
How much does a real estate agent make in California?
Nearly $8000000000 a minute
How much does a real estate agent make per hour?
Nothing. They work on commission.
How much does a real estate investors make?
Real estate investors are paid per deal, and depend upon the cost of the transaction. The average salary for commercial real estate is $50,000 above.
How much does it cost to go to school for a real estate appraisal class?
Stratford's Real Estate Appraiser program tuition is $589.00. That covers everything need to complete the course.
How much does a real estate appraiser earn?
A Real estate apprizer makes about 58,890 anually
The Duties And Responsibilities Of An Estate Appraiser?
An estate appraiser is a highly specialized type of property appraiser, and estate appraisers deal almost entirely with listing and placing values on assets that belong to deceased estates. When an individual passes away - and especially if that individual did not have a valid will - it is essential that the executor of the deceased estate obtains a full inventory and a complete and accurate valuation of all assets forming part of the deceased's estate. This inventory and valuation will usually be obtained from a duly qualified estate appraiser, and, once the executor determines exactly how much the estate is worth, he can go about settling the estate's debts and then distributing the remaining assets among the deceased's heirs. As all assets belonging to a deceased estate usually have to be valued, an estate appraiser could find himself appraising real estate one day, luxury motors vehicles or a stamp collection the next and prize-winning livestock or under-performing race horses the day after. An appraiser must, therefore, have a wide range of knowledge covering many different types of property or must at least know how to contact experts in a particular field in order to obtain the information needed to produce an expert valuation. A valuation of the assets belonging to a deceased estate should, furthermore, reflect the assets' values as at the date of the deceased's death and not as at the date the inventory and valuation was effected. The estate appraiser should therefore take changing market trends into account when arriving at an asset's value - especially with regard to real estate - as including an inaccurate amount on the valuation could, for instance, have dire tax consequences for both the estate and the deceased's heirs. The services of an estate appraiser could also conceivably be used in other circumstances including, for instance, when an estate has to be valued due to a pending divorce or the assets of a partnership have to be valued when the partners have decided to go their separate ways. Whatever the situation, however, the life of an estate appraiser always promises to be interesting and his work always promises to be challenging.
What are the main duties of a real estate appraiser & what are the steps I can take to get properly trained?
Real Estate appraisers appraise how much a home is worth, by inspecting the inside and outside of the home. Training normally includes and in depth and thorough on the job training.
How much money does a commercial property appraiser make?
A commercial real estate appraiser/analyst with an MAI professional designation from The Appraisal Institute can make well into a six figure annual income. Most MAI appraisers are self-employed, although the banking industry, particularly large regional and national banks, hire staff MAI appraisers as appraisal reviewers. For more information search The Appraisal Institutes's web site.
How much does an estate lawyer make?
an estate lawyer is paid handsomely for doing the job
How much does a property appraiser earn?
How much does an apprasier earn?
How much can equine appraiser make?
They can make from 750 dollars to 1200 dollars per appraisal. The money you receive depends on how large the firm is or if you have your own business.
How much money does a real estate make?
The median annual earnings of real estate agents were $30930 in 2002.
How much money does a medical assistant make in VA?
How much does a medical decoder make in Virginia
The Purpose of an Estate Appraiser?
An estate appraiser is in charge of assessing the true value of a house and the property that the house is located on. The appraiser is an expert in property values. He or she generally works for a real estate agency, insurance company, or bank that offers mortgages.Establish the Value of the EstateThe main goal of an estate appraiser is to determine the actual market value of a house, including all of the land and assets that are included with the house. The appraiser will take into consideration the condition of the house and property as well as the current value of other houses in the same area. Sometimes the value of a house will be much higher simply because it is located in an expensive area. The appraiser looks at every detail of the property, from the plumbing to the shingles on the roof, before making an official statement of the value of the estate. If the homeowner intends to rent the property out, the appraiser provides an estimate of what the property’s rental value is so that the owner can establish a fair price. Most owners set a rental price that covers all of their costs for a property.Provide Accurate Quotes for Insurance PurposesWhen the value is determined by an estate appraiser, it impacts several different expenses related to the property. The most important aspect of an estate appraisal for the property owner is that it gives the home insurance company a concrete value to work from if the property were ever damaged. The homeowner can decide what type of insurance to carry on the home aside from the typical homeowner’s insurance depending on the value that the appraiser assigns to different parts of the property.Determine Tax LiabilityAn appraiser’s value for the property is also recognized by the government as the taxable value of the house. This is the amount that the federal and state government will use to compute the homeowner’s tax obligation each year. If the estate’s value goes up dramatically, the taxes on the estate will also go up dramatically. Many homeowner’s prefer that their property value increases in a gradual manner instead of quickly.
How much money does a person in real estate make annually?
$30,000
