Real Estate Appraisals - Ten things most people don't understand about them.

A residential real estate appraiser starts out as an apprentice, taking basic required appraiser coursework and working for two years under the direct supervision of a fully licensed appraiser. A licensed appraiser covers single family home up to a million dollars and can also appraise multi-family buildings up to four units. A certified residential appraiser does those too, but also deals with properties over $1M. A certified general appraiser can do both residential and commercial properties and is often called on for appraising complex properties.