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How to Become an Appraiser in Ohio

How to Become an Appraiser in Ohio

READ ME FIRST!

So you're interested in becoming an appraiser...but what type?

Most likely you're wondering how to become a Real Estate appraiser (because that's the only type of appraiser, right?).

WRONG!

There are other appraiser careers that are simpler to get into, have waaaay less competition, and you can set your own rates.

For example, as of this writing, I charge $1,600 per day.  See how to become a non-Real Estate appraiser (like me).

Or keep reading below to learn how to become a Real Estate appraiser in Ohio.

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Is Real Estate Appraiser a Good Career in Ohio?

According to the Bureau of Labor Statistics (the federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy):

Employment of real estate appraisers is projected to grow 14 percent from 2016 to 2026.

Translation:  That's faster than the average for all occupations. 👍

Keep reading to get an idea of the salary you can expect to make as an appraiser in Ohio.

Ohio Real Estate Appraiser Salary

The average annual Real Estate Appraiser salary in Ohio is $59,000, which is a whopping 54% higher than the average salary in Ohio.

As you fine-tune your appraiser craft, you can make as much as $108,000 per year or more.

If you like the sounds of those numbers, check out the next section for simple step-by-step instructions to becoming an appraiser in Ohio.

How To Become a Real Estate Appraiser in Ohio

We do our best to provide you with the most up-to-date Real Estate appraiser regulations and education requirements for the great state of Ohio. But sometimes the state regulatory commission forgets to update us on things (probably lost our phone number :-)...so please double-check the official Ohio Division of Real Estate and Professional Licensing, Appraiser Section site.

What Does a Real Estate Appraiser Do in Ohio?

A Real Estate Appraiser is a person who develops and communicates real estate appraisals for real estate-related financial transactions and holds a current valid certification or license issued to such person.

Ohio Real Estate Appraiser Requirements

Becoming a Real Estate Appraiser in the United States generally requires these 3 things:

  1. Education
  2. Hands-on training
  3. Time

The Ohio Division of Real Estate and Professional Licensing, Appraiser Section has further established these minimum requirements to become an appraiser:

  • Must be at least 18 years of age.
  • Must have a high school diploma or its equivalent.
  • Must meet the educational requirement for the applying level of appraiser licensure.
  • Must meet the experience requirement for the applying level of appraiser licensure.
  • Satisfactory completion of the state examination.
  • Submit application, required documents, and associated fees.

Note that these are the most basic Real Estate Appraiser Requirements for Ohio. Each license level has different education, experience, and college-level course requirements, so be sure to check each level below.

Can I Take Ohio Real Estate Appraiser Courses Online?

Yes.

Ohio Real Estate Appraiser Licensure Levels

There are  4 Real Estate Appraiser licensure levels in the state of Ohio:

  1. Registered Appraiser Assistant
  2. Licensed Residential Real Estate Appraiser
  3. Certified Residential Real Estate Appraiser
  4. Certified General Real Estate Appraiser

Each level requires additional education, training, and experience.

The best part?

Your salary jumps up each time you upgrade your license. 🙌

How Long Does It Take to Become a Real Estate Appraiser in Ohio?

In Ohio, you only need 82 hours of qualifying education to earn the Registered Appraiser Assistant title.

Simple, right?

How to Become a Real Estate Registered Appraiser Assistant in Ohio

The Ohio Division of Real Estate and Professional Licensing, Appraiser Section requires the following to acquire Registered Appraiser Assistant credentials:

  • 82 Qualifying Education (QE) Hours:
    1. 15-hr National USPAP Update or Equivalent (15 hours)
    2. Basic Appraisal Principles (30 hours)
    3. Basic Appraisal Procedures (30 hours)
    4. Ohio Fair Housing (3 hours)
    5. Ohio Supervisor/Trainee Course (4 hours)
  • Appraiser Experience: Not Required
  • College Experience: Not Required

How to Become a Licensed Residential Real Estate Appraiser in Ohio

The Ohio Division of Real Estate and Professional Licensing, Appraiser Section requires the following to gain Licensed Residential Real Estate Appraiser credentials:

  • 153 Qualifying Education (QE) Hours:
    1. 15-hour National USPAP or Equivalent (15 hours)
    2. Basic Appraisal Principles (30 hours)
    3. Basic Appraisal Procedures (30 hours)
    4. Residential Market Analysis and Highest and Best Use (15 hours)
    5. Residential Appraiser Site Valuation and Cost Approach (15 hours)
    6. Residential Sales Comparison and Income Approaches (30 hours)
    7. Residential Report Writing and Case Studies (15 hours)
    8. Ohio Fair Housing (3 hours)
  • Appraiser Experience:

    1,000 hours of acceptable appraisal experience in not less than 6 months.

  • College Experience:

    No college-level education required.

How to Become a Certified Residential Real Estate Appraiser in Ohio

The Ohio Division of Real Estate and Professional Licensing, Appraiser Section requires the following to obtain Certified Residential Real Estate Appraiser credentials:

  • 203 Qualifying Education (QE) Hours

How to Become a Certified General Real Estate Appraiser in Ohio

The Ohio Division of Real Estate and Professional Licensing, Appraiser Section requires the following to receive Certified General Real Estate Appraiser credentials:

  • 303 Qualifying Education (QE) Hours