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Get the free APPLICATION FOR LICENSURE AS A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE

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This document serves as an application for individuals seeking licensure as real estate appraiser trainees in Massachusetts, outlining requirements, fees, and necessary documentation.
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How to fill out APPLICATION FOR LICENSURE AS A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE

01
Obtain the APPLICATION FOR LICENSURE AS A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE form from the Massachusetts Board of Real Estate Appraisers website.
02
Carefully read the instructions included with the application to understand the requirements.
03
Fill out the applicant information section with your personal details, including your name, address, and contact information.
04
Provide any required documentation, such as proof of completing the necessary education and training requirements.
05
Complete the experience section, detailing any relevant training or coursework you have completed.
06
Review and sign the application where indicated.
07
Submit the application along with any applicable fees to the Massachusetts Board of Real Estate Appraisers.

Who needs APPLICATION FOR LICENSURE AS A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE?

01
Individuals who wish to begin a career in real estate appraisal in Massachusetts.
02
Those who have completed the required pre-licensing education and training necessary to become an Appraiser Trainee.
03
Individuals seeking to gain practical experience under the supervision of a licensed appraiser.
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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 exam's 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.
Between the 1,000 hours of mandatory appraisal trainee experience and over 150 hours of Appraisal and Trainee Education, you're looking at anywhere between eight and 18 months to get your State Licensed Real Estate Appraiser license.
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 exam's pass rate is only around 50 percent.
Hold a valid appraisal trainee license. Complete 154 hours of Massachusetts appraisal education (includes trainee education) Complete 1,000 hours of acceptable appraisal experience in no fewer than 6 months. Pass the National Uniform Licensing and Certification Exam for Licensed Residential Appraisers.
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.
Between the 1,000 hours of mandatory appraisal trainee experience and over 150 hours of Appraisal and Trainee Education, you're looking at anywhere between eight and 18 months to get your State Licensed Real Estate Appraiser license.
Licensed Residential Appraiser Education & Experience Requirements At a Glance. Between the 1,000 hours of required trainee appraiser work experience and the 150 hours of appraisal education, it can take you anywhere from eight and 18 months to earn your independent appraiser license.
They usually work part-time and are paid per appraisal. Appraiser trainees often make between $50 and $150 per appraisal, earning more with increasing experience and expertise. After 1000 hours of work as a trainee, appraisers have the option to take the real estate appraiser licensing exam.

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The APPLICATION FOR LICENSURE AS A MASSACHUSETTS REAL ESTATE APPRAISER TRAINEE is a formal document that individuals must submit to obtain licensure to work as a real estate appraiser trainee in Massachusetts, allowing them to gain practical experience under a licensed appraiser.
Individuals who wish to become real estate appraiser trainees in Massachusetts must file this application. This typically includes those who have completed the required education and are seeking to gain experience in the field.
To fill out the application, individuals must provide personal information, educational background, and relevant experience. It may also require a signature and payment of any applicable fees. Specific instructions are usually provided with the application form.
The purpose of the application is to ensure that individuals seeking to become real estate appraiser trainees meet the necessary qualifications and standards set forth by the state of Massachusetts.
The application must include personal identification details, educational history, any prior experience in real estate or appraisal, references, and possibly a criminal background check, along with fees as required.
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