Real Estate Appraiser Information for the State of Minnesota

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 Minnesota, the Minnesota Department of Commerce is in charge of this oversight.

There are four classifications of real estate appraiser in the State of Minnesota.  These classifications are:

  1. Trainee Real Property Appraiser
  2. Licensed Residential Real Property Appraiser
  3. Certified Residential Real Property Appraiser
  4. Certified General Real Property Appraiser

Those new to a career in real estate appraisals must begin as a Trainee Real Property Appraiser.  There is no experience required.  However, it is necessary to complete the state required coursework to become a Trainee Real Property 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 the Minnesota Department of Commerce, Licensing Department to view Minnesota specific requirements.

Online Courses for Minnesota 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:

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

Real Estate Appraiser Jobs in Minnesota

Appraiser

BGC Partners - Minneapolis, MN (30+ days ago)
Under minimal supervision, appraises real estate properties for the purposes of dispute resolution, mortgage underwriting, acquisition/disposition, portfolio... Apply Now

SENIOR APPRAISAL REVIEW OFFICER

Old National Bank - Arden Hills, MN (29 days ago)
Reviewing appraisals performed on commercial real estate properties to determine that:. 5+ (five+) years of overall experience in commercial/residential real... Apply Now

Associate, Economic and Valuation Services

KPMG - Minneapolis, MN (30+ days ago)
Prepare real estate market research. Prepare valuation models and reports for various types of commercial real estate.... Apply Now

Appraiser

First American - Duluth, MN (14 days ago)
Presents final evaluations and property value estimates to home buyers, sellers, investors, creditors, leasing and real estate agents.... Apply Now

Analyst - Valuation and Advisory

BGC Partners - Minneapolis, MN (12 days ago)
Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. Bachelor’s Degree (preferably in related subjects such as... Apply Now

Managing Director

Colliers International - Minneapolis, MN (30+ days ago)
Strategic understanding of the real estate appraisal, consulting and realty tax services business. You are a seasoned real estate appraiser, with a track record... Apply Now

Appraiser

Isanti County - Cambridge, MN (5 days ago)
One or more years of post-secondary formal preparation/training/education in real estate or similar field.... Apply Now

APPRAISER

County of Goodhue - Red Wing, MN (5 days ago)
Appraisers are responsible for valuing and classifying new and existing residential real estate. Further education in real estate, business administration, math... Apply Now

Assessment Technician

Scott County, MN - Shakopee, MN (12 days ago)
Communicates with builders, real estate agents, appraisers, and local government officials about general Minnesota Property Tax rules.... Apply Now

Analyst, Sr Valuation & Advisory

BGC Partners - Minneapolis, MN (30+ days ago)
Preference is given to MS or MBA in Real Estate. Preferably in real estate or related subjects such as Economics & Finance;... Apply Now
jobs by Indeed job search

Real Estate Appraisal Career Information from the Appraiser Sidekick Blog

Click here to visit our complete blog

Methods for Logging Appraiser Hours

All real estate appraisers need experience hours in order to upgrade their license.  This is a requirement per the Appraisal Qualification Board (AQB) and by individual states.In order to show that an appraiser has obtained the necessary experience hours, their hours...

read more

How do I find a supervisor to train me?

"How do I find a supervisor to train me?"  This is the most common question that prospective appraisers ask us.  Although the question is asked in different ways, the idea is always the same: if you are interested in a career in real estate appraising or have even...

read more

7 Great Reasons to Become a Real Estate Appraiser

Are you considering becoming a real estate appraiser, but not sure if it's right career for you?  Appraising can be an interesting and rewarding career.  The career outlook for real estate appraisers is excellent. Real estate appraising isn't for...

read more

Job Outlook for Real Estate Appraisers

The job outlook for real estate appraisers is very good.  Although the demand for real estate appraisers varies from state to state, and is cyclical in line with the housing market, there is a growing need for appraisers due to more housing, more commercial...

read more

How Much Income Do Real Estate Appraisers Earn?

According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for real estate appraisers and assessors was $51,860, as of May 2015.  The top 10% of all appraisers earned more than $97,080.  (*Median means 50% of population is higher and 50% of...

read more

Tools of the Trade

View resources to help any real estate appraiser or aspiring appraiser. These resources include:

1. Online Education – Qualifying, Continuing (CE), and Test Prep

2. Appraisal Business Software

3. General Business Software

4. Appraisal Tools