The average salary for a Real Estate Appraiser, Commercial is $74,518.
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$42k - $121k
$1k - $24k
$998 - $35k
$16k - $40k
$41k - $127k
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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 pe…Read more
Real Estate Appraiser, Commercial Tasks
- 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.
- 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.
Real Estate Appraiser, Commercial Job Listings
Popular Skills for Real Estate Appraiser, Commercial
Skills in Valuation and Real Estate are correlated to pay that is above average. Skills that pay less than market rate include Market Research, Market Analysis and Financial Analysis.
Pay by Experience Level for Real Estate Appraiser, Commercial
An entry-level Real Estate Appraiser, Commercial with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,058 based on 46 salaries. An early career Real Estate Appraiser, Commercial with 1-4 years of experience earns an average total compensation of $56,798 based on 102 salaries. A mid-career Real Estate Appraiser, Commercial with 5-9 years of experience earns an average total compensation of $68,956 based on 96 salaries. An experienced Real Estate Appraiser, Commercial with 10-19 years of experience earns an average total compensation of $86,498 based on 140 salaries. In their late career (20 years and higher), employees earn an average total compensation of $89,204.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Real Estate Appraiser, Commercial in their job title in San Francisco, California earn an average of 39.1% more than the national average. These job titles also find higher than average salaries in New York, New York (22.9% more) and Los Angeles, California (17.8% more). The lowest salaries can be found in Columbus, Ohio (31.6% less) and Atlanta, Georgia (15.5% less).
Years of Experience
This data is based on 505 survey responses.