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Real property appraiser qualification criteria ClassificationEducation HoursExperience Requirement Certified General Appraiser 300 3,000 hours of experience in no fewer than 18 months (of which 1,500 hours must be in non-residential appraisal work)3 more rows Oct 18, 2019
The average yearly salary for real estate appraisers is $57796. Commercial appraisers tend to have more lucrative compensation than residential appraisers, some of which could be earning up to six figures of annual income.
State Licensed Appraiser 1,000 hours over a minimum period of six months. Experience must be in conformance with the Uniform Standards of Professional Appraisal Practice. State Certified Residential Appraiser - 1,500 hours over a minimum period of twelve months.
State Certified General Appraiser - 3,000 hours (including at least 1,500 hours of non-residential appraisal experience) over a minimum period of eighteen months. Experience must be in conformance with the Uniform Standards of Professional Appraisal Practice.
The highest level of appraisers, certified general appraisers, earn about $15,000 more per year than certified residential appraisers.
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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.
Is the national appraisal exam difficult to pass? 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.

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