How to become a real estate appraiser in Russia
How to become a real estate appraiser?
Modern people often use the services of a real estate appraiser. This is a fairly in-demand profession, so such professionals receive a good, stable income. To achieve success in this field, you need to obtain a higher education and constantly improve your practical skills. We will try to figure out how to become a real estate appraiser in this article.
Features of the profession
An appraiser is a specialist who determines the real value of various objects. The services of such professionals are sought before making transactions for the purchase or sale of real estate, allocating a share of a business, as well as when registering ownership rights. In addition, the services of an appraiser may be required when determining the damage caused.
A specialist must be easy to train, be able to quickly analyze information and make the right decisions, as well as draw up research results. Only responsible and attentive people are usually hired for such work.
Any independent real estate appraiser can work independently or be part of a company. He collects information that may be needed for the assessment. Such a specialist advises clients on various issues, but his main task is the assessment of objects. We will talk about how to become a real estate appraiser in Russia below.
The main responsibilities of a real estate appraiser:
- Collection of necessary information;
- Object assessment;
- Providing advice to clients;
- Making report.
Main requirements for a real estate appraiser:
- Higher specialized education;
- Experience;
- Confident use of a PC;
- Membership in SRO;
- Ability to negotiate with banks;
- Availability of special knowledge;
- Regular professional development.
Education and training
So, what does it take to become a real estate appraiser? First of all, this is a higher specialized education. If you graduated from a university and received some other profession, you can take special courses as a real estate appraiser. In addition, you should learn to use a computer confidently.
Scheme: assessing the value of the object
To insure his liability, a specialist must join an SRO and obtain the appropriate certificate. Clients prefer professionals who can prepare reports and negotiate with banks. In general, you will not spend much time training a real estate appraiser. The most important thing is to constantly improve your skills. To do this, you need to regularly participate in seminars and attend specialized training.
In order to start a business, it is not enough to simply obtain a diploma. You can work on assessment projects only after the young specialist has completed a two-year internship.
Are you wondering where to learn to become a real estate appraiser? You can get the answer to this question from experienced professionals who have been trained and have been working in their specialty for a long time. It is advisable to first obtain a higher legal or economic education, and then take retraining courses. If you are not interested in such an activity, find out how to become a business coach. Nowadays, this profession can bring good income.
The best specialists work in international network companies. In this case, appraisers undergo international certification.
Pros and cons of the profession
- Prospects;
- High wages;
- Communication with people.
Such specialists are always in demand. They can remain without work for no more than 2–3 months. To avoid wasting your time, you can learn how to become a sales manager. When there are breaks in work, specialists can earn extra money in the field of trade.
Determining exactly how much a real estate appraiser is worth is almost impossible because their salary has no upper limit. This is a very interesting job, since the specialist is constantly analyzing and studying the market. He is constantly aware of all changes in the market.
Flaws:
- High cost of education;
- Irregular work schedule;
- Constantly improving qualifications.
The services of a real estate appraiser are sought in the following cases:
- Purchases and sales;
- Obtaining loans from a bank against collateral;
- Registration of property rights;
- Definitions of damage;
- Privatization;
- Insurance.
Now let’s figure out how much the services of a real estate appraiser cost. The earnings of such specialists in large cities range from 35-150 thousand rubles. The further a settlement is from the central regions, the lower the salary. In megacities, professionals consistently earn 80–100 thousand rubles. This profession is included in the list of the 30 most promising and in-demand specialties.
Typically, the cost of a real estate appraiser's services largely depends on the amount the realtor receives from each client. It is worth noting that the price of real estate appraisers' services can vary widely. As a rule, the average share of a private appraiser is 15–20%. To increase your income, you can learn how to become a sales representative to combine these two activities.
Real estate valuation as a business
Working as a private owner does not require large initial costs. In order to provide expert assessment services, you need to rent an office, purchase equipment and the necessary measuring instruments. The most serious expense item is advertising. To start you will need 1-2 thousand dollars. To open a company, you need to have a starting capital of 20 thousand dollars.
Before starting your own business, you can work for some time in a large company to gain the necessary experience and also become familiar with the nuances of this field of activity. A good specialist understands the types of real estate, knows how to negotiate, and also constantly studies sales technologies. You will have to spend at least 2 years on training.
When the business begins to expand, you will have to hire help. Many private appraisers cooperate with real estate agencies. For a certain commission, they find them regular customers. Some professionals join a real estate association. Professionals who have managed to achieve success in this business can tell you how to become a real estate appraiser.
Useful tips
- Don't submit a new report right away. It should stay with you until the next day. In the morning you can easily identify all the flaws;
- Make yourself a small template and evaluate it based on it. Over time, the check algorithm will remain in your head;
- Please check the report again carefully before signing.
Any person who is interested in such activities can engage in expert assessment. Specialists work with formulas and numbers, so in order to achieve success in this profession, you need to have an analytical mind. In addition, you need to be careful and scrupulous. If you want to earn a good income, try to cultivate these character traits in yourself.
What does an appraiser do and how to become one
How much does a business or a factory, an apartment or a sanatorium, a painting or the rights to publish a book cost? The appraiser has the exact answer, and his opinion is based on accurate calculations and professional market analytics.
History of the profession
It is believed that the first professional appraisers in history were employees of the treasuries of ancient states, who, based on expert assessment, included trophies captured in wars into the list of property receipts. Then they were joined by representatives of tax services, the first mentions of which date back to the times of Ancient India and Egypt. Since taxes were often levied on natural products and farm animals, it was necessary to be able to accurately determine their value according to condition.
Subsequently, valuation activities were also closely related to taxation. In Russia at the end of the 19th century, it was the replacement of the poll tax with the land tax that led to the need to obtain information about the value of real estate as the main type of property. The state approach required the introduction of regulation of issues of valuation of land and buildings, which served as the basis for the adoption in June 1893 of a law on the revaluation of all real estate and the release of the “Valuation Rules”.
The main role in introducing standards was given to special county commissions, which were better versed in local specifics. But the direct assessment was carried out by zemstvo councils, calculating the cost and profitability on the basis of declarations of property owners, information from insurance and credit organizations. The final scorecard was published in the press to ensure control of public opinion.
In modern Russia, before Federal Law No. 200 came into force in July 2006, assessment was a licensed activity of legal entities and individual entrepreneurs. Currently, on the basis of Federal Law No. 135 (1998) “On Valuation Activities in the Russian Federation,” which legally defines who an appraiser is, and the amendments introduced by Federal Law No. 157 (2006) and Federal Law No. 172 (2016), regulation is carried out by the state and self-regulatory organizations, which include non-profit associations of business entities in this industry.
Description of the profession
Subjects of valuation activities are considered to be those individuals who have received membership in any self-regulatory organization (SRO) of appraisers, and have also insured their liability.
Appraisers are involved in private individuals and institutions when carrying out purchase and sale transactions, when allocating property shares, fixing the amount of damage, to determine the potential profitability of commercial enterprises and in other cases when it is necessary to form an expert and qualified opinion on the value of an object. To do this, a specialist needs to be well versed in the subject of the examination and be aware of market trends. The final reports may be considered in court when making decisions. At the same time, the author of the report must understand that he bears not only reputational, but also financial responsibility.
To evaluate something, you need deep knowledge in a specific field, therefore, it is quite natural that experts specialize in certain industries - real estate, business, intellectual property, motor vehicles, art, etc. In addition, without experience and experience it is difficult to get a job work. Therefore, those who want to become appraisers at the first stages are ready to take positions as assistants for a modest financial reward in the hope of receiving recommendations for further employment in more profitable positions. At this time, the future specialist analyzes many other people’s reports, looks for precedents, studies analogues, goes on business trips, inspects objects, draws up his own reports - all this is included in the list of what an appraiser does when starting his personal career.
The specialist carries out his activities either in the format of private practice or by signing an employment contract with a legal entity. If a company provides appraisal services, it must include on its staff at least two employees who have fulfilled the conditions of their professional liability insurance and received a qualification certificate after passing the exam, which must also be done to become an appraiser.
Certification exam
How to become an independent expert appraiser in Russia is today regulated by Federal Law No. 172 of 2016, which amended the previously existing procedure. Changes affected membership in self-regulatory organizations - it became necessary to confirm it with a qualification certificate issued based on the results of a paid exam. Currently, certification is carried out in three areas: assessment of real estate, movable property and business (the latter includes intellectual property and other intangible assets). For the first two types, 40 questions are offered per ticket, for the last - 54. You can get an idea of the nature of the tasks from the “People's Database of Questions”, which is compiled by tested specialists. Feedback about the procedure itself appears in thematic discussions.
Before taking the test, applicants fill out a form on the website of the Federal Resource Center, but even before that, they can submit an application at their place of residence to the examination center in their region. In addition to photocopies of your passport and specialized education diplomas, you must attach a payment document (for reliability, with a “wet” stamp) confirming payment for the exam. If the money is transferred by the employing organization, then a certified copy of the payment order must be provided. Up-to-date information about the required documents can be found on the website of the FBU "FRS".
An important requirement for applicants is professional experience, which must be at least 3 years, one of which must be worked as an appraiser or his assistant. Every three years, a specialist will have to confirm his qualifications by passing a similar exam. However, before becoming an appraiser with a qualification certificate, you will have to obtain specialized education (higher education and/or retraining courses), documents about which will need to be submitted to the certification commission.
What specialties are best to study in?
In universities, you can study to become an appraiser through programs of different profiles.
- Business appraiser. Bachelor's programs are presented within the specialties “Economics”, “Management”, “Finance and Credit”. For admission, you need Unified State Examination results in mathematics, social studies, and Russian language. Upon admission to the master's program, applicants take an intra-university comprehensive exam in economics and economic theory.
- Real estate appraiser. Usually this is one of the profiles of the programs of the specialties “construction”, “land management and cadastres”, “housing and communal infrastructure”. Upon admission, you will need exam results in mathematics, Russian language + physics/computer science and ICT.
- Auto appraiser. Study can take place in the specialties “operation of transport-technological machines and complexes”, “technology of transport processes”, “service”, which requires passing the Unified State Examination in mathematics, Russian language, physics, and social studies for admission.
- Intellectual property appraiser. Training is most often conducted in the specialties of “management”, “innovation”, “economics”, “law”, for which upon admission you need the Unified State Examination in history/social studies + Russian language and mathematics, which are mandatory for everyone.
- Art appraiser. Specialties associated with this profile: “arts and humanities”, “cultural studies”, “theory and history of art”. The Unified State Examination, depending on the requirements of the university, can be history, social studies, foreign language, literature.
Despite some general methods for carrying out assessment activities, the thematic and sectoral specificity of each selected type is important, which determines the choice.
Best Universities to Study
Training in each of the professional areas is conducted in many educational institutions in different regions of the country. At the same time, some universities offer programs that provide a set of knowledge and skills that are more consistent with the requirements that an expert appraiser needs.
- “Intellectual Property Management” and “Legal Protection of Intellectual Property”. RGAIS – Academy of Intellectual Property (Moscow).
- “Business assessment in the digital economy.” Financial University (Moscow); Surgut State University (Surgut).
- "Evaluation activity". Synergy University, branch in Omsk.
- “Evaluation of the value of property and business.” BSTU (Bryansk).
- "Financial markets and business valuation." RGEU (RINH) state university in Rostov-on-Don.
- “Financial analytics in industries and sectors of the economy.” Ulyanovsk State Technical University (Ulyanovsk).
For professional growth, there are retraining and advanced training courses for specialists.
Responsibilities at work
The responsibilities of an expert may vary depending on the area of activity and the specifics of the object, but usually any appraiser performs the following tasks at work:
- Establishes business contacts with participants in negotiation processes and involved organizations.
- Collects and collates accounting information and regulatory data.
- Conducts marketing analysis of market conditions and commercial trends.
- Determines optimal calculation methods and carries them out, finding the final values of the cost of an object based on specified conditions.
- Looks for more effective ways to conduct an assessment when the chosen methodology is not sufficient to provide a complete picture.
- Participates in coordinating the activities of colleagues and partners.
- Draws up a report and conclusion according to established forms.
- Advises clients on legal requirements and regulations.
The specialist is required to keep reports and conclusions for 3 years. From the collected and systematized information on various objects, the appraiser usually creates his own database, which then allows him to work more fully and quickly in his direction.
Who is it suitable for?
Among the personal qualities that will make it easier for an applicant to enter the profession are:
- observation, allowing you to notice details that others do not see;
- discipline and pedantry, making the assessment specific and timely;
- a developed analytical type of thinking, which makes it possible to draw non-obvious conclusions from observed facts;
- sociability and the ability to share information and interact with people, building a good reputation for yourself.
Since work as an appraiser often involves business trips, the applicant needs to be able to leave home and family for a long time.
How much do they get
The average salary of an appraiser in Russia is 40–45 thousand rubles per month. Helpers usually receive about half of this amount. Salaries depend on qualifications, areas of activity, region and the state of the market in which the specialist works (the demand for expert opinion and the number of requests are on the rise).
A comparison of open vacancies on employment sites suggests that the salary of a real estate appraiser is on average about 10–15% lower than the salary of an auto expert and slightly higher than the salaries of business value specialists. However, the dependence of the range of amounts on the type of expertise is less than the range of salaries of professionals of different qualifications. As in any other professional field, reputable appraisers earn several times more than their lesser-known colleagues.
How to build a career
Building a career as an individual entrepreneur is associated with expanding the types of appraisal activities, increasing the number of employees, and increasing the authority and popularity of one’s “brand,” which leads to an increase in consumer interest and income. Hired labor involves career growth in the structure of the enterprise that enters into a hiring agreement with a specialist. In such organizations, upward movement is associated with promotion (from assistant to department head, department supervisor, etc.).
Prospects for the profession
Analysts place the prospects for valuation activities in direct dependence on the industry. For example, the profession of a real estate appraiser has received the status of a dying one, and the examination of intellectual property or objects of art is called the profession of the future.
Such forecasts correlate with assumptions that soon the information resources market will finally change the structure of the economy, in which automation and algorithmization of “simple” processes will increase the value of those activities where the creative human factor will be able to compete with artificial intelligence. However, the era in which widespread use of robots becomes economically feasible is still a long way off. In addition, the presence of objects with complex specifics in any direction will require the expert intervention of an experienced appraiser, which also makes it possible to speak optimistically about the prospects of the profession.
How much does a real estate appraiser earn? A frank story about the profession of a specialist with 10 years of experience
We all sometimes face the need to evaluate our movable or immovable property. The work of an appraiser, at first glance, may seem unpretentious and simple, but when examining this profession in more detail, a lot of requirements for this specialist are revealed. The popularity of the profession is determined by its high demand, high status and, of course, the opportunity to have a large, stable income. Therefore, many are interested in the question: how to become an appraiser, what kind of education should this specialist have?
Today's hero of the magazine Reconomica , Maxim, has been working in this field for 10 years. He told our readers about all the nuances of the work, its pros and cons. Read!
Prestigious and profitable profession
My name is Maxim, I am 37 years old, I have a housewife wife and two children. I have been working as a real estate appraiser for 10 years now.
After graduating from university, I managed to work as a freight forwarder, in a computer club, and as a taxi driver. Then I was offered to work as an expert real estate appraiser.
Who is the expert appraiser?
An appraiser is a specialist who determines the value of various property: movable and immovable, as well as land, shares, business shares, property rights and intangible assets.
The profession of an expert appraiser is quite prestigious and profitable, so I continue to do this. In order to correctly evaluate real estate, I need to study information about prices on the market and property valuation. I formulate an assessment for a specific property, based on my experience and real prices on the market, and advise clients who come to my office. When concluding a contract with a client, I prepare reports based on the results of the assessment; I often have to go to the site for a more detailed study of the building, its interior and exterior decoration, location and other features that may affect its market value.
The profession of an expert appraiser is quite prestigious and profitable, so I continue to do this.
A real estate appraiser is required by law of the Russian Federation in several cases:
- when making purchase and sale transactions,
- registration of property rights,
- when determining damage and the amount of compensation, and much more.
To work in this field, a university degree in finance is required. Personally, I am an insurance agent by training; after graduating from higher education, I completed courses for appraisers, they lasted six months.
Responsibilities of a specialist
I work for a small firm with two other appraisers. One of them deals with the valuation of cars, and the other deals with movable and real estate. In general, appraisers can work either “for themselves” or as subordinates.
Each appraiser’s number of responsibilities directly depends on the specifics of his work. In my case, I have to frequently visit sites, be able to negotiate and look for new connections.
It is important for car appraisers to understand car brands, their prices and mileage in order to correctly assess its value on the market. This job is not suitable for me because I don't know enough about cars.
What does it take to become an appraiser?
In general, the main thing for working as an appraiser is having a special education.
However, it is quite difficult to find universities with faculties in such a narrow profile, so most expert evaluators study in special specialized retraining courses, and I am among them.
I also believe that every expert appraiser must be a competent computer user, because working with it takes a lot of time and directly affects the result. The ability to quickly type text helps me - it saves time and nerves. Each expert must be a member of the SRO (self-regulatory organization) - this is an all-Russian organization of appraisers, created to unite all experts in the country for the purpose of monitoring and regulating their professional activities. And, of course, insurance is required.
It was important for me to learn how to correctly draw up reports and other documentation, and to correctly express my thoughts. This took several years, but now documentation is almost automatic, I don’t think about every word.
For quick and high-quality work, the appraiser needs a car, because you can quickly get there by public transport, but a taxi is expensive.
I don’t know how I would work without a car; I would have to constantly experience difficulties and discomfort, so I advise novice appraisers to still acquire personal transport.
Pros and cons of the profession
The advantage of working as a real estate appraiser is that we are quite in demand - we are needed in almost all processes related to operations on houses and apartments. A lot of people contact me and they recommend me to their friends and colleagues in the future.
What I like most is the opportunity to develop and work for myself.
Although there are expert estimators in various commercial and government organizations and, perhaps, they have even more clients, but by working for myself, I can control my schedule, adjust my schedule, take vacations and spend more time with my family. This gives me inspiration to keep working and I rarely get tired.
What I like most is the opportunity to develop and work for myself.
The disadvantages of the profession include:
- Unstable income - it all depends on the number of clients. Sometimes you have to take work home and sit in the office seven days a week, and sometimes your working days are spent watching TV series and social networks. Therefore, you never know how much you will earn this month: maybe 100 thousand rubles, or maybe 50. For this reason, in good months, I always save money for “later” in order to have a “safety cushion” in case of a lack of clients.
- The need to work as an assistant to an expert in the first couple of years of work. You need to understand the specifics of the profession and gain experience from a professional, so you will have to be patient a little. And then, when you become a “real” appraiser, you have to constantly improve your qualifications and increase your accreditation every few years.
I want to become a real estate appraiser. What is needed for this?
The real estate market today is developing at a tremendous pace. Often, when choosing real estate, an independent appraiser is hired to help take into account all the pros and cons and correctly evaluate the purchase. We will try to figure out how to get trained and become an appraiser.
Let's become specialists
A specialist with good skills can earn quite a good salary in this field. How to master this profession will be discussed in this article.
The activities of appraisers can be divided into several areas :
- Car valuation
- Property valuation
- Independent expert assessment
Car valuation
Specialists in the field of car valuation are divided into two categories - appraisers not associated with auto insurance procedures and vehicle value appraisers. In the first case, the requirements are the same as for a specialist in the field of real estate valuation. In the second case, you will need to undergo training and receive a diploma of higher education in a technical profile that has a direct connection with the repair and maintenance of vehicles, practical skills and experience. You should also take special courses, upon completion of which you will be issued a certificate confirming the right to engage in insurance assessment of cars involved in an accident.
Property valuation
A real estate appraiser is a person involved in the assessment of real estate, who is financially responsible for his actions. His services are sought when purchasing real estate and assessing damage. A specialist can work in a company or in the singular. Its main task is to collect information about the object for the most objective assessment . For this purpose, constant contact is carried out with the customer, the necessary consultations are given. Based on the results of his work, the specialist prepares a documentary report.
How to become an appraiser? How to become an independent expert appraiser?
Many people who want to master this profession are wondering: how to become a real estate appraiser in Russia? So, what does it take to become an appraiser?
- First of all, you need to undergo training and receive a diploma of higher education in a specialized field . Since there are not many educational institutions that train appraisers, you can get a higher education in economics or law, and then undergo additional training and retraining courses. It is also necessary to have a fairly good level of computer skills.
- Join an SRO, obtain a certificate , then insure your activities, namely, possible risks associated with liability. If we talk about employment in a company, then they will need sufficient experience in reporting, negotiating, and a lot of less significant requirements, such as a driver’s license, consent to travel to other cities, completing various courses and trainings.
- as assistant appraisers for one to three years , and only then become specialists.
- Continuous learning on the job is one of the main requirements for the work of an appraiser. He must be aware of all the innovations in his profession.
- If we talk about individual activities, there are possible risks. If there is inaccuracy in the assessment, the reputation of the specialist first of all suffers, in addition, he bears financial responsibility for the mistakes made.
- The appraiser's income depends directly on his experience and the region in which he works. Some specialists working in large companies have fairly high salaries, but the requirements for applicants there are quite serious.
In most cases, the work of a real estate appraiser in Russia begins with the fact that he undergoes training, receives a diploma, sends out his resume, and gets a job in a small company. This is fine. There are no huge earnings right away, but invaluable experience will accumulate. Experience in this case is the main indicator that will be needed when applying for a better paying job.
If, nevertheless, you decide to open your own business and not depend on anyone, then first of all you must have sufficient knowledge in this area. Some educational institutions in our country train appraisers. But even after completing your studies, you should not stop in your development while working; you need to periodically take advanced training courses, conduct an analysis of your chosen area of work, be it cars, or real estate, business, and so on.
So, what does it take to start your own business? Of course, confidence in your knowledge and skills. You must collect a package of documents and register as an individual entrepreneur . In addition, after registering as an individual entrepreneur, you will need to register with the local self-regulatory organization (SRO). There are also a number of requirements here: to join an SRO, in addition to having a higher education, you must contribute about 30 thousand rubles to the so-called compensation fund and insure your property for at least 300 thousand rubles. These measures are designed to protect clients and the specialist himself from possible errors and poor-quality assessments.
To successfully start your own appraisal company, you need relatively small costs : you will need a room to house the company, the necessary office equipment and furniture, as well as measuring instruments. Perhaps the largest part of the cost will be advertising. As your business expands, you can hire specialists.
Now you can decide on the pros and cons of this direction.
First, about the pros:
- Communication with a large number of people. By occupation, the expert has a lot of contacts.
- Perspective. With quality work you can achieve a very good income.
- Combination with similar professions is possible. This means that at the right time, appraisers can combine their activities with work in the trade sector. For example, if necessary, you can work as a sales representative or sales manager.
As with any job, there are some drawbacks:
- Quite a high cost of obtaining specialized higher education
- A work schedule that has no clear boundaries. The appraiser is constantly in touch with the client.
- Constantly increasing the level of knowledge. This cannot be clearly attributed to the disadvantages of the work, however, the specialist cannot stop there. He must constantly hone his skills and learn something new.
And finally, we come to the most important thing. Let's talk about income. Depending on the size of the locality in which the appraiser works, his income may vary . Depending on experience and qualifications, in a large city earnings can reach up to 150 thousand rubles. Accordingly, the more remote the city, the less earnings. Typically, the appraiser's income depends on the amount the realtor receives from the client. On average, the appraiser receives from 15-25% of the transaction.
Real estate appraiser - how to become one
Real estate appraiser - how to become one
There are many professions that bring good income. Today we will tell you who an appraiser is, how much he earns and how to become one. We will describe the features of the profession and offer step-by-step instructions for training and job search.
Learn the features of the appraiser profession
A real estate appraiser is a specialist who determines the value of real estate: for example, land, apartments, private houses, warehouses and others. He collects information, comprehensively analyzes it and calculates the price of the object, based on its characteristics.
Real estate valuation is needed for the purchase and sale of objects, exchanges, registration of collateral for consumer loans and mortgage loans. Therefore, the services of appraisers are in demand.
The appraiser must be attentive, organized, and communicative. His job responsibilities include many tasks:
collecting information that is needed for subsequent analysis - visiting sites, inspecting, communicating with different organizations, studying documents;
analysis of collected information, determining the value of real estate using one or more methods;
drawing up a real estate valuation report according to certain requirements, for example, it must contain information about all the collected data, valuation methods, and the pages must be bound and numbered;
conducting negotiations with banking organizations, auditing companies and other firms;
consulting the client - the appraiser must be able to explain to him how he will work, what information is needed for the analysis, why he determined exactly the value of the property.
All this falls on the shoulders of the appraiser, especially if he works as an independent specialist. If he is employed by a company, he will not have some responsibilities - for example, a manager or administrator can communicate with clients in the first stages. The exact list of what the work of a real estate appraiser consists of depends on the specific niche, company, and region.
How much an appraiser earns depends on the number of orders and the region - the cost of services differs in different localities. The monthly salary ranges from 20,000 rubles to 130,000 rubles. The average income of an independent specialist is about 45,000 rubles per month. Profits can be increased, but for this you will need to work hard to build a good reputation among the target audience, that is, to become a brand to some extent.
Weigh the pros and cons
The appraiser profession, like other professions, has its advantages and disadvantages. Among the advantages:
Flexible schedule. You can build your own work schedule - when you go to the site, when you do paperwork, when you calculate the cost of the project.
Possibility of remote work. If you decide to work for yourself, you can meet clients on neutral territory - for example, in a cafe, and work from home. This will save money that would have to be spent on renting an office.
High level of income. The average salary of a specialist is 40–45 thousand, and with a certain level of knowledge and good reputation, you can receive an income 3–4 times higher than the national average.
There are several disadvantages that can offset all the advantages of working as an appraiser:
Material liability. The appraiser is financially responsible to the client for the quality of the work done. If the cost is calculated incorrectly, the client may suffer damages, and you will have to compensate for them.
The need to constantly learn. Appraisers need to continually improve their knowledge to stay ahead of the curve. In addition, mandatory periodic training is provided - without it you will not be able to work.
High barrier to entry into the profession. It will be very difficult for you in your specialty if you do not have an analytical mind. In addition, to become a specialist, you will need to work for the first few years for a meager salary as an assistant.
Get an education
How to become a real estate appraiser in Russia? First you need to get the appropriate education: without a diploma you will not be able to work in your specialty, join an SRO, or take out insurance for appraisal activities.
You can immediately enter the profession of an appraiser. But there is one problem - in our country there are critically few universities that train such specialists. For example, you can obtain the specialty “property valuation expert” at the Institute of Professional Valuation or the International Academy of Valuation and Consulting. Due to the small number of universities, you will face competition for available places: you may not get in the first time.
There is another way to obtain a diploma that will allow you to work as a real estate appraiser in the future: first obtain a higher education in the fields of economics, law or construction, and then take retraining courses or additional professional education. For example, the following educational institutions offer appraiser training courses:
Russian Economic Academy named after Plekhanov;
Modern Scientific and Technical Academy;
Moscow University of Geodesy and Cartography;
Interregional Academy of Construction and Industrial Complex;
Moscow Institute of Law.
When choosing courses, carefully read their descriptions. Choose training, after completion of which you will be issued confirming certificates or state-issued diplomas. If you take courses and do not receive any document confirming this, you will not be able to join an SRO and work in your specialty.
Take an internship
In many areas of activity, theory is nothing without practice, and assessment activities are no exception. After receiving professional education, you need to practice for 1–3 years as an assistant appraiser. This way you will learn:
correctly collect information about objects, paying attention only to significant things;
process a large array of documents, quickly search for the necessary information;
calculate the value of real estate using several methods, using different data;
understand how the price of real estate is formed depending on their characteristics;
communicate with clients, draw up service agreements.
That is, learn how to evaluate real estate in practice. You will make mistakes, but mentors - expert evaluators - will point them out and explain why you shouldn’t do it and how to do it better.
There are several ways to look for a place to practice. For example, agree with the company where you completed your internship at the university to hire you after completing your studies. Or ask the organizers of retraining courses to provide jobs after receiving a certificate or diploma. The most effective way is to look for vacancies yourself:
through friends, if you know appraisers or people associated with this area;
on the websites of appraisal companies - they often post information about vacancies in the appropriate section;
on websites with resumes and vacancies - for example, on hh.ru or Avito.
Be prepared for the fact that the salary will be low during the first internship. Assistant appraisers earn much less than the appraisers themselves. But practice is an integral stage on the path to obtaining a sought-after profession. Without it, you will make many mistakes and will not be able to obtain permission for appraisal activities.
Pass the exam
After completing 3 years of practice, you need to pass an exam. It is called qualification because it confirms advanced training. After passing it, you are given a certificate that allows you to work as an appraiser independently, not as an assistant, but as a specialist. Every 3 years you will have to confirm your right to work: retake the exam and receive a certificate again. If you don't do this, you won't be able to work in your profession.
Practice is needed just to pass the exam successfully. The form of the exam is strictly regulated; it is conducted the same in all regions. The candidate must pass exams in three areas: real estate, movable property and business valuation, including intangible assets and intellectual property. The exam is administered by the Federal Resource Center, its duration is 2.5 hours.
Join the SRO
Every appraiser who plans to work in his specialty must join an SRO - a self-regulatory organization. This is necessary so that you work legally and can insure your activities. In addition, SRO members receive legal and qualification support, access to new databases, technologies and the best advanced training programs.
A list of self-regulatory organizations of appraisers can be found on the official website of Rosreestr. Please note that you can choose only one SRO - the appraiser has the right to be a member of only one organization at a time. To become a member, you need to provide the representative with the following package of documents:
application for joining the SRO and an application confirming consent to the processing of personal data - these can be written upon admission;
notarized copies of a diploma confirming higher professional education or copies of retraining of specialists;
copies of qualification certificates confirming advanced training at least once every 3 years from the date of receipt of the diploma;
copies of documents that confirm the basis for changing your last name, if your last name is different in different documents - for example, you changed it after marriage;
copies of an identity document - passport of a citizen of the Russian Federation;
certificate of absence of outstanding, unexpunged convictions for crimes in the economic sphere, as well as for especially serious, serious, and average crimes.
Some SROs also require a certified copy of the insurance policy. Sometimes it can be issued upon joining or after it - check the conditions with the organization of your choice.
The SRO will review the documents within 7–10 days and make a decision. If it is positive, you will be given a certificate of the established form after entering your data into the register of members of the society. It will confirm your right to evaluate real estate.
You will have to pay for membership in the SRO. Specific amounts may vary by region and specific organization. The average cost is:
30,000 ₽ — contribution to the compensation fund;
5,000 ₽ — entrance fee;
10,000 ₽ — annual membership fee.
That is, you will have to immediately pay about 35,000 rubles to become a member of a self-regulatory organization and receive a real estate valuation certificate from it. And then you will need to pay about 10,000 rubles more annually.