Real Estate Appraiser, Commercial Salary

A Real Estate Appraiser, Commercial earns an average salary of $77,735 per year.

$42,144 - $124,310
$42K
$78K
$120K
MEDIAN: $77,717
10%
50%
90%

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$14.79 - $33.79
$15
$24
$34
MEDIAN: $23.80
10%
50%
90%

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$0$129K
Salary $42,144 - $124,310
Bonus $503 - $24,083
Profit Sharing $961 - $15,456
Commission $25,000
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).
)
$40,906 - $129,947
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 239
Hourly Data $0$85
Hourly Rate $14.79 - $33.79
Overtime $49.60
Annual Data $0$129K
Bonus $503 - $24,083
Commission $25,000
Profit Sharing $961 - $15,456
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).
)
$40,906 - $129,947
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 17

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

  • 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.

Common Career Paths for Real Estate Appraiser, Commercial


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Real Estate Appraiser, Commercial Job Listings

Popular Skills for Real Estate Appraiser, Commercial

Pay by Experience Level for Real Estate Appraiser, Commercial

Pay by Experience for a Real Estate Appraiser, Commercial has a positive trend. An entry-level Real Estate Appraiser, Commercial with less than 5 years of experience can expect to earn an average total compensation of $57,000 based on 66 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Appraiser, Commercial with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $69,000 based on 67 salaries. An experienced Real Estate Appraiser, Commercial which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $86,000 based on 103 salaries. A Real Estate Appraiser, Commercial with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $94,000 based on 82 salaries.

Pay Difference by Location

National Average: $76,843

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Real Estate Appraiser, Commercial

Gender

Female
24 %
Male
76 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.
Less than 1 year
5%
1-4 years
18%
5-9 years
15%
10-19 years
30%
20 years or more
31%

Experience Affects Real Estate Appraiser, Commercial Salaries

▲22%

▲12%

National Average
$77,000

▼11%

▼26%

Skills That Affect Real Estate Appraiser, Commercial Salaries

▲7%

▲6%


National Average
$77,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
5%
1-4 years
18%
5-9 years
15%
10-19 years
30%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 55%
vision benefits
Vision: 44%
no benefits
None: 21%