Real Estate Appraiser Information for the State of Illinois

Real estate appraisers are required to be licensed, per Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989.    This act required that each of the states establish an agency for the licensure, certification, and regulation of appraisers.

In Illinois, the Illinois Department of Financial and Professional Regulation (IDFPR) is in charge of this oversight.

There are three classifications of real estate appraiser in the State of Illinois.  These classifications are:

  1. Associate Real Estate Trainee Appraiser
  2. Certified Residential Real Estate Appraiser
  3. Certified General Real Estate Appraiser

Those new to a career in real estate appraisals must begin as a Associate Real Estate Trainee Appraiser.  There is no experience required.  However, it is necessary to complete the state required coursework to become a Associate Real Estate Trainee Appraiser.  The trainee must then work under a supervisor for a specified number of hours in order to be eligible to become a licensed or certified appraiser.

Please see the links below for additional resources:

Visit our page that provides an overview of appraisal classifications and requirements.

Visit the website for Illinois Department of Financial and Professional Regulation to view Illinois specific requirements.

Online Courses for Illinois Appraisers

Appraiser Sidekick is partnering with Career WebSchool to offer online appraisal courses.

Click on the link for the type of real estate appraisal course that you are interested:

Illinois Qualifying Education (for the new appraiser)
Illinois Continuing Education (for appraisers who need to satisfy CE requirements)

Real Estate Appraiser Jobs in Illinois

Real Estate Appraiser II

Fannie Mae - Chicago, IL (30+ days ago)
Must have a state designated real estate appraisal license. Monitor appraiser performance. Manage a multi-state panel of Real Estate Appraisers who provide... Apply Now

Review Appraiser/Senior Vice President - Valuation & Advisory Services - Chicago

JLL - Chicago, IL (30+ days ago)
5+ years of real estate valuation experience. Certified Appraiser license required. Our Valuation & Advisory Services platform is part of a global network... Apply Now

Real Estate Valuation Analyst

Altus Group - Chicago, IL (14 days ago)
We are at the center of what drives the real estate industry and continue to break ground every day with innovative solutions and best practices that touch... Apply Now

Appraiser

Cushman & Wakefield - Chicago, IL (30+ days ago)
3-5 years of experience appraising commercial real estate required. Bachelor’s degree required in business, finance, real estate or economics.... Apply Now

Valuation Analyst

HealthCare Appraisers - Schaumburg, IL (30+ days ago)
Headquartered in Boca Raton, Florida, HealthCare Appraisers, Inc. Compensation & Service Arrangements, Business Valuation, Fixed Asset Valuation, Life Sciences... Apply Now

Certified General Appraiser

PahRoo Appraisal & Consultancy - Chicago, IL (30+ days ago)
Active Certified General Real Estate Appraisal License in good standing. Thorough knowledge of the real estate market, neighborhoods and market trends.... Apply Now

Senior Manager, Economic and Valuation Services - Real Estate Valuation

KPMG - Chicago, IL (30+ days ago)
Our growth is driven by delivering real results for our clients. PHD (Doctor of Philosophy), PHSC (Doctor of Science - Commerce), PHDE (PhD of Economics), DBA... Apply Now

Underwriter, Comm I, Agricultural Lending

First Midwest Bank - Morris, IL (30+ days ago)
Review third party reports such as real estate appraisals, property condition and environmental reports, Field Exams and or property inspections and... Apply Now

DEVELOPMENT TECHNICIAN

City of Peoria, IL - Peoria, IL (30+ days ago)
¨ Ability to establish and maintains effective business relationships with developers, contractors, property owners, architects, engineers, real estate... Apply Now

Director, Feasibility & Asset Management

Aparium Hotel Group - Chicago, IL (30+ days ago)
4-6 years of real estate experience in Feasibility, Valuations, Operations Analysis, Asset Management or Development-related roles.... Apply Now
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Real Estate Appraisal Career Information from the Appraiser Sidekick Blog

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