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What should I consider before taking appraisal continuing education?

I am an appraiser by profession. Recently, I noticed that most people in the industry are getting appraisal continuing education. I know that cont ed is very beneficial but I have always assumed it is for people who did not complete their education or want further training in a specific area of their career. My boss has been encouraging me to get an extended education as well, but I am not sure whether it is the right time. What are some of the things I should consider before taking the courses to decide whether it is the right thing to do?

Timothy Norman

in Higher Education

1 answer

1 answer

Tara Andrews on March 20, 2018

Extending education because other people are doing it or because your boss thinks it would be the best thing for you is a wrong move. You need to sign up for continuous education because you are convinced that it is the right thing for you to do. There are a number of things you should consider before you decide to continue your education that will help you make the right choice.

First and foremost, you need to consider the different appraisal licenses you can upgrade to. There are a number of appraisal licenses you can upgrade to. Most appraisers begin their careers as trainees and advance to licensed residential appraisers, certified general appraisers or certified residential appraisers. With each level comes more responsibilities and duties. Therefore, you need to consider which level you are in and whether or not continuing education in appraisal will help you advance to a better level.

You should also consider whether or not further education will boost your salary. In most cases, getting a further education qualifies you to earn a higher salary. However, when it comes to the appraisal industry, your salary is determined by the market, your specialties and your assignments. This is something you need to discuss with your boss especially because he is the one encouraging you to get further education. Find out if they are willing to give you a salary bump once you have more skills and knowledge. If they are willing, this should be a good motivator to go back to school.

It is also important to consider which properties you will have authority to appraise after upgrading your license. This is dependent on the type of market you are serving and where you are currently located. If you live and work in an area where most of the property is residential, you are less likely to get opportunities to appraise commercial property even if you upgrade your license. However, do some research to identify the different opportunities available to you in your local area.

Last but not least, consider whether or not you might relocate from your current area of residence. If you have plans to relocate, it might be a good idea to upgrade your license since there is a likelihood that the new area will not have the same type of property and you might be required to have a different type of license to appraise the property there.

Caleb Jenkins2 years ago

I absolutely concur. You shouldn’t get appraisal continuing education because someone tells you to or because you do not want to be left behind.  You need to figure out how such a program fits into your career advancement goals and objectives. Apart from this, you need to know whether or not it is the right time for you to do it. One of the most important considerations you need to make is whether or not you can afford to further your education. Most further education programs are quite expensive and grants are not easy to find for continuing education. Therefore, you need to know whether you are in a position to pay the tuition fee. Another important consideration is which skills you need to improve. The purpose of further education is to improve your weak areas so that you can have a competitive advantage. Therefore, you need to identify these weak areas before you decide to sign up for a program.

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