The average salary for a Real Estate Appraiser is $60,429.
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What Do Real Estate Appraisers Do?
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 worki…Read more
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.
Job Satisfaction for Real Estate Appraiser
Popular Employer Salaries for Real Estate Appraiser
Explore the most common career paths for Real Estate Appraiser. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Real Estate Appraiser, Residential
Real Estate Appraiser/Assessor
Real Estate Appraiser, Commercial
Somewhat common (8 - 20%)
Real Estate Appraiser Job Listings
What Are Popular Skills for Real Estate Appraisers?
Skills in Real Estate, Valuation and Market Research are correlated to pay that is above average. Skills that pay less than market rate include Residential and Market Analysis.
What is the Pay by Experience Level for Real Estate Appraisers?
An entry-level Real Estate Appraiser with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,860 based on 19 salaries. An early career Real Estate Appraiser with 1-4 years of experience earns an average total compensation of $49,624 based on 96 salaries. A mid-career Real Estate Appraiser with 5-9 years of experience earns an average total compensation of $60,082 based on 50 salaries. An experienced Real Estate Appraiser with 10-19 years of experience earns an average total compensation of $67,035 based on 160 salaries. In their late career (20 years and higher), employees earn an average total compensation of $73,240.
Pay Difference by Location
Employees with Real Estate Appraiser in their job title in New York, New York earn an average of 62.6% more than the national average. These job titles also find higher than average salaries in San Francisco, California (57.2% more) and Chicago, Illinois (46.3% more). The lowest salaries can be found in Phoenix, Arizona (14.0% less).
Years of Experience
This data is based on 473 survey responses.