Dos ny system filesCertified Real Estate Appraiser Application - dos ny 2025

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Both the Licensed Residential and Certified Residential exams have a pass rate of less than 65 percent, while the Certified General exams pass rate is only around 50 percent. The exams are very comprehensive and require calculations, familiarity with terminology, and an in-depth understanding of the subject matter.
Independent appraisers are paid per job. Standard fees for a Fannie Mae-compliant appraisal are around $450. Assignments from AMCs pay in a range of $200 to $350 or more. Doing an appraisal per day for 50 weeks gives a gross income of $50,000 to $100,000.
ing to data from The Appraisal Foundation (see below), the pass rate is only about 55%-65% for first-time test takers. The Appraisal Foundation does not retain data on the basis of race, ethnicity, or gender, so the numbers may be higher or lower for these individuals.
If you are interested in the fields of assessing or appraising, there are a number of courses you can take in high school to help prepare you for this work. Take plenty of math classes, since you will need to be comfortable working with numbers and making calculations.
How Long Does It Take to Get a New York State Residential Real Estate Appraiser License? Becoming a New York state licensed residential real estate appraiser takes at least two years. This includes the 1,000 hours of mandatory logged appraisal experience and 150 hours of appraisal education.
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The estimated total pay for a Real Estate Appraiser is $179,846 per year in the New York City Ny area, with an average salary of $145,952 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

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