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Career and Education Opportunities for Real Estate Appraisers in Thornton, Colorado

Real estate appraisers can find both educational opportunities and jobs in the Thornton, Colorado area. There are currently 3,260 jobs for real estate appraisers in Colorado and this is projected to grow 23% to about 4,030 jobs 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. In general, real estate appraisers appraise real property to determine its value for purchase, sales, or loan purposes.

Real estate appraisers earn approximately $21 hourly or $44,830 annually on average in Colorado. Nationally they average about $22 per hour or $47,370 yearly. Compared with people working in the overall category of Accounting and Auditing, people working as real estate appraisers in Colorado earn less. They earn less than people working in the overall category of Accounting and Auditing nationally. Jobs in this field include: real estate appraiser supervisor, appraiser, and licensed appraiser.

There are two schools within twenty-five miles of Thornton where you can study to be a real estate appraiser, among fifty-nine schools of higher education total in the Thornton area. Real estate appraisers usually hold a Bachelor's degree, so you can expect to spend about four years studying to be 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 Thornton 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.
  • Compensation / Benefits Specialist. Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas.
  • 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.
  • Employment Recruiter. Seek out, interview, and screen applicants to fill existing and future job openings and promote career opportunities within an organization.
  • Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
  • 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.
  • Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
  • Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
  • 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

Red Rocks Community College - Lakewood, CO

Red Rocks Community College, 13300 W Sixth Ave, Lakewood, CO 80228-1255. Red Rocks Community College is a medium sized college located in Lakewood, Colorado. It is a public school with primarily 2-year programs and has 7,432 students. Red Rocks Community College has a less than one year program in Real Estate which graduated eighteen students in 2008.

Emily Griffith Opportunity School - Denver, CO

Emily Griffith Opportunity School, 1250 Welton Street, Denver, CO 80204-2197. Emily Griffith Opportunity School is a small school located in Denver, Colorado. It is a public school with primarily less-than 2-year programs and has 2,148 students. Emily Griffith Opportunity School has a less than one year program in Real Estate which graduated eight students 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

Certified General Appraiser

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

Certified Residential Appraiser

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

Licensed Appraiser

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

Real Estate Appraiser

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

Registered Appraiser

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

LOCATION INFORMATION: Thornton, Colorado

Thornton, Colorado
Thornton, Colorado photo by bonjourpeewee

Thornton is located in Adams County, Colorado. It has a population of over 113,429, which has grown by 37.7% over the last ten years. The cost of living index in Thornton, 94, is below the national average. New single-family homes in Thornton are priced at $176,300 on average, which is far less than the state average. In 2008, two hundred ninety-five new homes were constructed in Thornton, down from four hundred eighty-four the previous year.

The three big industries for women in Thornton are educational services, health care, and finance and insurance. For men, it is construction, professional, scientific, and technical services, and administrative and support and waste management services. The average commute to work is about 29 minutes. More than 19.9% of Thornton residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.8%, is lower than the state average.

The unemployment rate in Thornton is 6.3%, which is less than Colorado's average of 6.6%.

The percentage of Thornton residents that are affiliated with a religious congregation, 30.4%, is less than both the national and state average. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Lutheran Church.