Trainee Residential Appraiser

Job Listing: Trainee Residential Appraiser – Chicagoland Area Location: Chicagoland Area, IL Employment Type: Contractor (1099) Posted Date: July 28, 2026 Company Overview: Felvey & Associates, a real estate appraisal firm servicing the Chicagoland area, is seeking a skilled Trainee Residential Appraiser to join our dynamic team. We specialize in providing accurate and timely residential property valuations for lenders, homeowners, and real estate professionals across the Chicagoland area. Job Summary: As a Trainee Residential Appraiser, you will conduct property appraisals for single-family homes, condominiums, townhomes, and multi-family residences (up to 4 units). You will leverage your expertise to deliver high-quality appraisal reports that comply with USPAP standards and client requirements. Key Responsibilities: Perform on-site property inspections to assess condition, features, and marketability. Analyze market trends, comparable sales, and neighborhood data to determine accurate property values. Prepare detailed appraisal reports in compliance with USPAP, Fannie Mae, Freddie Mac, and client guidelines. Maintain up-to-date knowledge of local real estate markets and regulatory changes. Manage workload efficiently to meet client deadlines. Qualifications: Required: Active Trainee Residential Appraiser license in the state of Illinois. Working understanding of appraisal software and local real estate data sources (e.g., TOTAL, Matrix, Realist, and Public Record) Must be proficient with major form types (1004, 1073, 1025, 2055, etc.) Excellent analytical and written communication skills. Valid driver’s license and reliable vehicle for property inspections. Preferred: Experience with HUD/FHA is a plus. Experience with REO appraisals Familiarity with local zoning and building regulations. Full office staff, including a scheduler/point of contact for homeowners & agents, and a public record data researcher, allowing you to focus on simply inspecting and appraising. The pay agreement is a 20%–80 % split, with the split fee appraiser taking home 20% This role involves a mix of fieldwork (property inspections) and office/remote work (report preparation). You’ll have the opportunity to work independently while collaborating with a supportive team of appraisers and administrative staff. #J-18808-Ljbffr Felvey & Associates