Valuation Manager Salary
The average salary for a Valuation Manager is $101,649 per year. Most people with this job move on to other positions after 20 years in this career.
Job Description for Valuation Manager
Valuation manager is a title most commonly held in the real estate industry, but these professionals may work in other settings such as within financial companies. Regardless of the industry, valuation managers' main duties generally include conducting some form of auditing, whether it is financial statements or property value. In most cases, valuation managers in the real estate industry determine the market value of real estate property. They are also responsible for managing day-to-day operations and services for the real estate valuations department, ensuring their department functions effectively and efficiently. This is typically a first-line management position.Read More...
Daily tasks performed by valuation managers include supervising and training other real estate valuation staff, as well as assessing their performance. There is generally no physical labor involved, and their duties are performed mostly within an office setting with other real estate employees. Sometimes, to determine the value of a property, valuation managers must travel to its location to visually investigate it; this also means they interact with clients directly within their homes as well. Other daily tasks of a valuation manager include determining appropriate environmental data analysis methods to assess real estate projects, as well as performance improvement opportunities for assigned clients.
The educational requirements for valuation manager positions typically include at least a bachelor's degree. Several years of related experience may be required or preferred as well.
Valuation Manager Tasks
- Provide valuation services to assist clients and management with financial decisions.