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Career and Education Opportunities for Real Estate Appraisers in Santa Rosa, California

Santa Rosa, California provides a wide variety of opportunities, both career and educational, for real estate appraisers. There are currently 8,600 working real estate appraisers in California; this should grow 12% to about 9,600 working real estate appraisers in the state by 2016. This is better than the national trend for real estate appraisers, which sees this job pool growing by about 4.6% over the next eight years. Real estate appraisers generally appraise real property to determine its value for purchase, sales, or loan purposes.

Real estate appraisers earn approximately $32 per hour or $67,330 yearly on average in California. Nationally they average about $22 hourly or $47,370 yearly. Earnings for real estate appraisers are better than earnings in the general category of Accounting and Auditing in California and not quite as good as general Accounting and Auditing category earnings nationally. People working as real estate appraisers can fill a number of jobs, such as: residential real estate appraiser, staff appraiser, and real estate appraiser supervisor.

The Santa Rosa area is home to seven schools of higher education, including one within twenty-five miles of Santa Rosa where you can get a degree as a real estate appraiser. The most common level of education for real estate appraisers is a Bachelor's degree. You can expect to spend about four years training to become a real estate appraiser if you already have a high school diploma.

CAREER DESCRIPTION: Real Estate Appraiser

Real Estate Appraiser video from the State of New Jersey Dept. of Labor and Workforce Development

In general, real estate appraisers appraise real property to determine its value for purchase, sales, or loan purposes.

Real estate appraisers ready written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards. They also search public records for transactions such as sales and assessments. Equally important, real estate appraisers have to inspect properties to review construction and functional layout, and to take property measurements. They are often called upon to photograph interiors and exteriors of properties to help in estimating property value and complete appraisal reports. They are expected to interview persons familiar with properties and immediate surroundings, such as contractors and realtors, to obtain pertinent data. Finally, real estate appraisers examine income records and operating costs of income properties.

Every day, real estate appraisers are expected to be able to see details at a very fine level of focus. They need to read and understand documents and reports. It is also important that they articulate ideas and problems.

It is important for real estate appraisers to draw land diagrams that will be used in appraisal reports to support findings. They are often called upon to testify in court as to the value of a piece of real estate property. Somewhat less frequently, real estate appraisers are also expected to testify in court as to the value of a piece of real estate property.

Real estate appraisers sometimes are asked to evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values. They also have to be able to examine income records and operating costs of income properties and verify legal descriptions of properties by comparing them to county records. And finally, they sometimes have to ready written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.

Like many other jobs, real estate appraisers must have exceptional integrity and be reliable.

Similar jobs with educational opportunities in Santa Rosa include:

  • Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
  • Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
  • Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
  • Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
  • Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
  • Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
  • Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

EDUCATIONAL OPPORTUNITIES: Real Estate Appraiser Training

Santa Rosa Junior College - Santa Rosa, CA

Santa Rosa Junior College, 1501 Mendocino Avenue, Santa Rosa, CA 95401-4395. Santa Rosa Junior College is a large college located in Santa Rosa, California. It is a public school with primarily 2-year programs and has 26,350 students. Santa Rosa Junior College has less than one year, associate's degree, and two to four year programs in Real Estate which graduated eight, seven, and zero students respectively in 2008.

CERTIFICATIONS

Accredited Rural Appraiser: Appraisals of agricultural enterprises and rural properties demand qualified experts who understand the complexity and intricacy of modern agriculture and today's rural environment.

For more information, see the American Society of Farm Managers and Rural Appraisers website.

Residential Evaluation Specialist: The purpose of the RES (Residential Evaluation Specialist) designation is to recognize professionalism and competency in the valuation of residential property for tax purposes.

For more information, see the International Association of Assessing Officers website.

Personal Property Specialist: The purpose of the PPS (Personal Property Specialist) designation is to recognize professionalism and competency in the valuation of personal property for tax purposes.

For more information, see the International Association of Assessing Officers website.

Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.

For more information, see the Investment Management Consultants Association website.

Certified Estate Specialist: A Certified Estate Specialist has advanced education in exactly how to deal with the settling of estates, from working with family members to dealing with lawyers and accountants.

For more information, see the National Auctioneers Association website.

LICENSES

Property Taxes Appraiser Certification

Licensing agency: State Board of Equalization
Address: Property Taxes Department, Policy, Planning and Standards Division, P. O. Box 942879, MIC 64, Sacramento, CA 94279-0064

Phone: (916) 445-4982
Website: State Board of Equalization Property Taxes Department Policy, Planning and Standards Division

Real Estate Appraisal License

Licensing agency: Office of Real Estate Appraisers
Address: 1102 Q Street Ste. 4100, Sacramento, CA 95814

Phone: (916) 552-9000
Website: Office of Real Estate Appraisers

LOCATION INFORMATION: Santa Rosa, California

Santa Rosa, California
Santa Rosa, California photo by Njaelkies Lea

Santa Rosa is situated in Sonoma County, California. It has a population of over 155,796, which has grown by 5.6% over the last ten years. The cost of living index in Santa Rosa, 159, is far greater than the national average. New single-family homes in Santa Rosa are priced at $193,300 on average, which is far less than the state average. In 2008, one hundred fifty new homes were built in Santa Rosa, down from three hundred sixty-eight the previous year.

The three big industries for women in Santa Rosa are health care, educational services, and finance and insurance. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 23 minutes. More than 27.6% of Santa Rosa residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.1%, is lower than the state average.

The unemployment rate in Santa Rosa is 10.1%, which is less than California's average of 12.3%.

The percentage of Santa Rosa residents that are affiliated with a religious congregation, 32.1%, is less than both the national and state average. United Pentecostal Church, Bethlehem Lutheran Church and Bennett Valley Baptist Church are among the churches located in Santa Rosa. The most common religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.

Santa Rosa is home to the Sonoma County Administration Center and the Quarry Picnic Area as well as Live Oak Park and Coffey Park. Shopping malls in the area include Montgomery Village Shopping Center, Saint Francis Shopping Center and Flamingo One Stop Shopping Center. Visitors to Santa Rosa can choose from Amansi, Astro Motel and Beautiful Weddings & Events for temporary stays in the area.