Real Estate Appraiser resources for Illinois
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:
- Associate Real Estate Trainee Appraiser
- Certified Residential Real Estate Appraiser
- 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:
Real Estate Appraisal Career Information from the Appraiser Sidekick Blog
Interested in a career in real estate appraisals? Many people considering entering into a career in real property appraisals ask about the type of jobs available for appraisers. You have researched the requirements for your state, and the courses you need to take. ...