Real Estate Appraiser, Commercial Salary (United States)

A Real Estate Appraiser, Commercial earns an average salary of $70,822 per year.
Real Estate Appraiser, Commercial Salary (?
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.
)
$38,228 - $118,223
(Median)
38K
49K
71K
95K
120K
MEDIAN: $70,822
10%
25%
50%
75%
90%
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Real Estate Appraiser, Commercial Salary (?
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.
)
$16.63 - $33.08
(Median)
17
28
33
MEDIAN: $20
10%
75%
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
$38,228 - $118,223  
   
Bonus
$0.00 - $15,547  
Profit Sharing
$1,243 - $30,410  
Commission
$6,750 - $45,000  
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).
)
$37,397 - $119,648  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 410
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
$16.63 - $33.08  
   
Overtime
$28.23 - $49.45  
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 - $15,547  
   
Commission
$6,750 - $45,000  
Profit Sharing
$1,243 - $30,410  
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).
)
$37,397 - $119,648  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 36
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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

Chicago
up arrow 41%
up arrow 29%
Sacramento
up arrow 25%
Austin
up arrow 18%
Phoenix
up arrow 11%
Dallas
up arrow 10%
Seattle
up arrow 3%
Houston
up arrow 1%
National Average
$72,000
Larger circles over a city indicate a job is popular in that location.

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Experience Affects Real Estate Appraiser, Commercial Salaries

National Average
$72,000

Skills That Affect Real Estate Appraiser, Commercial Salaries

Financial Analysis
up arrow 3%
National Average
$72,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 140 votes.

Gender

Female
19%
female alumni
 
Male
81%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
18%
5-9 years
26%
10-19 years
24%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 70% dental benefits Dental: 46%
vision benefits Vision: 32% employee benefits None: 28%