Total annual pay for Real Estate Appraisers is approximately $61K, and commissions account for a significant portion of this final number — around half on average. In the world of Real Estate Appraisers, overall cash allowance can occasionally include more than $24K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $36K and $108K. Geography is the biggest factor affecting pay for this group, followed by tenure. Health benefits are not claimed by all — close to a third lack any form of coverage — but more than half have medical insurance, and a little less than half have dental, too. Most workers in this position report high levels of job satisfaction. More than half of Real Estate Appraisers (66 percent) survey respondents are men. This report is based on responses to the PayScale salary survey.
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$36,187 - $105,441
$36K
$62K
$110K
MEDIAN: $61,526
10%
50%
90%

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$11.94 - $42.64
$12
$20
$43
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$36,187 - $105,441  
   
Bonus
$0.00 - $24,303  
Profit Sharing
$0.00 - $20,089  
Commission
$30,000  
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).
)
$35,529 - $107,794  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 295
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$11.94 - $42.64  
   
Overtime
$29.48  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $24,303  
   
Commission
$30,000  
Profit Sharing
$0.00 - $20,089  
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).
)
$35,529 - $107,794  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 33

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Job Description for Real Estate Appraiser

Real estate appraisers are responsible for assessing the value of a property. Most real estate appraisers are contracted by an individual or a business (via an appraisal company) to perform a series of routine checks that will go on record to establish a property's worth. Appraisers' duties vary based on type of property and specific circumstance. For example, assessing the value of a commercial building may take substantially longer than an assessment of a single home. However, appraisers working on personal homes typically deal with multiple jobs at a time.

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Real Estate Appraiser Tasks

  • Calculate estimates of the value of property for sales, mortgages, and loans.
  • Create written reports detailing estimation process and results.
  • Conduct inspections of properties to identify factors which could influence property value.
  • Research property sales history, value of neighboring homes, and the value of homes in the region.

Common Career Paths for Real Estate Appraiser


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Real Estate Appraisers may not see large compensation differences if they transition into an upper-level role such as Commercial Real Estate Appraiser. Commercial Real Estate Appraisers on average make about as much as Real Estate Appraisers do. Real Estate Appraisers most frequently become Residential Real Estate Appraisers and Real Estate Appraisers and Assessors even though median compensation is $10K lower and $19K lower, respectively.

Real Estate Appraiser Job Listings

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Pay by Experience Level for Real Estate Appraiser

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


For many Real Estate Appraisers, more experience generally translates to higher pay. Those in the early stages of their career can expect to make around $44K; however, individuals with five to 10 years of experience bring in $61K on average — a distinctly larger sum. Real Estate Appraisers bring in $77K after working for 10 to 20 years. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $79K.

Related Job Salaries

Key Stats for Real Estate Appraiser

Gender

Female
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.
Less than 1 year
7%
1-4 years
20%
5-9 years
15%
10-19 years
31%
20 years or more
28%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Real Estate Appraiser Salaries

Late-Career
up arrow 28%

Experienced
up arrow 25%

National Average
$61,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 28%

Skills That Affect Real Estate Appraiser Salaries

Valuation
up arrow 32%


National Average
$61,000

Data Analysis
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
7%
1-4 years
20%
5-9 years
15%
10-19 years
31%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 46%
vision benefits
Vision: 43%
dental benefits
None: 34%
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