Avg. Base Salary (USD)
The average salary for a Real Estate Appraiser, Commercial is $74,072
What is the Pay by Experience Level for Real Estate Appraiser, Commercials?
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 $52,089 based on 19 salaries. An early career Real Estate Appraiser, Commercial with 1-4 years of experience earns an average total compensation of …Read more
What Do Real Estate Appraiser, Commercials Do?
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 …Read more
- 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.