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Real Estate Appraiser, Commercial Salary

A Real Estate Appraiser, Commercial earns an average salary of $70,326 per year.

$38,628 - $118,938
(Median)
$39K
$70K
$120K
MEDIAN: $70,325
10%
50%
90%

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$16.53 - $37.10
(Median)
$17
$20
$37
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$38,628 - $118,938  
   
Bonus
$0.00 - $19,866  
Profit Sharing
$1,010 - $20,273  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,654 - $120,777  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 383
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$16.53 - $37.10  
   
Overtime
$0.00 - $57.93  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $19,866  
   
Profit Sharing
$1,010 - $20,273  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,654 - $120,777  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 35

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Job Description for Real Estate Appraiser, Commercial

The primary role of a commercial real estate appraiser is to inspect properties that are intended for commercial use and estimate the value for a third party. This may include examining existing buildings, or it may be limited to undeveloped real estate. This service is essential for buyers, who use the information to determine whether to buy a property; it is also necessary for sellers, who need the data to settle on an initial offering price. The appraiser's job is to visit each property in person and inspect the land and facility (if there is a facility) so that they can assign a value to it, as well as look for any flaws or issues that may affect the value. While owners and agents are usually the clients, a local government may also use the appraiser's services to determine property tax.

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Real Estate Appraiser, Commercial Tasks

  • Select and evaluate comparison properties and judge accuracy, reliability, and quality of data and final appraisal.
  • Utilize databases, perform calculations, and collect site data to properly prepare appraisals.
  • Conduct appraisals of properties and buildings in accordance with all applicable regulations and laws.
  • Calculate property values including factors like condition, location, insurance, taxes, and nearby properties.

Real Estate Appraiser, Commercial Job Listings

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Popular Skills for Real Estate Appraiser, Commercial

Pay by Experience Level for Real Estate Appraiser, Commercial

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Related Job Salaries

United States (change)

Experience Affects Real Estate Appraiser, Commercial Salaries




National Average
$71,000


Skills That Affect Real Estate Appraiser, Commercial Salaries


Valuation
up arrow 4%

Financial Analysis
up arrow 1%

National Average
$71,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 93 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
27%
10-19 years
22%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 46%
vision benefits Vision: 33% employee benefits None: 25%