$61,696
Avg. Salary
$21.20
Avg. Hourly Rate

Average additional compensation:

$5,139

Bonus

$4,918

Profit Sharing

$20,226

Commission

What am I worth?
How should I pay?

The average pay for a Real Estate Appraiser is $21.20 per hour.

The average pay for a Real Estate Appraiser is $61,696 per year.

$13.38
10%
$21.20
50%
$47.32
90%
MEDIAN $21.20
$37k
10%
$62k
50%
$104k
90%
MEDIAN $61,696
$37,070 - $103,980
$37K
$62K
$100K
MEDIAN: $61,696
10%
50%
90%

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$13.38 - $47.32
$13
$21
$47
MEDIAN: $21.20
10%
50%
90%

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$0$108K
Salary $37,070 - $103,980
Bonus $2.50 - $22,500
Profit Sharing $0.00 - $20,426
Commission $20,226
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).
)
$36,168 - $108,898
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 524
Hourly Data $0$49
Hourly Rate $13.38 - $47.32
Overtime $29.48
Annual Data $0$108K
Bonus $2.50 - $22,500
Commission $20,226
Profit Sharing $0.00 - $20,426
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).
)
$36,168 - $108,898
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 58

Job Description for Real Estate Appraiser

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 working on personal homes typically deal with multiple jobs at a time.

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.

Common Career Paths for Real Estate Appraiser


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Real Estate Appraisers tend not to experience significant pay changes as they move up the career ladder to roles like Commercial Real Estate Appraiser. The two jobs pay about the same on average. Real Estate Appraisers most frequently advance into Residential Real Estate Appraiser and Real Estate Appraiser & Assessor roles even though the median salaries are $11K lower and $21K lower, respectively.

Real Estate Appraiser Job Listings

Pay by Experience Level for Real Estate Appraiser

Pay by Experience for a Real Estate Appraiser has a positive trend. An entry-level Real Estate Appraiser with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 87 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Appraiser with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 75 salaries. An experienced Real Estate Appraiser which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $78,000 based on 126 salaries. A Real Estate Appraiser with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $82,000 based on 99 salaries.

Real Estate Appraiser Advice

Q: What is it like working as a Real Estate Appraiser?

Real Estate Appraiser in Canton:
"Hard to find a superviser."
It will take five years to learn this job and be at peak speed and performance.

Related Job Salaries

Key Stats for Real Estate Appraiser

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.
Less than 1 year
5%
1-4 years
20%
5-9 years
12%
10-19 years
32%
20 years or more
31%

Related Jobs

Experience Affects Real Estate Appraiser Salaries

Late-Career
▲30%

Experienced
▲24%

National Average
$63,000

Mid-Career
▼1%

Entry-Level
▼31%

Skills That Affect Real Estate Appraiser Salaries

Valuation
▲28%

▲16%

National Average
$63,000

Data Analysis
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
5%
1-4 years
20%
5-9 years
12%
10-19 years
32%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 61%
dental benefits
Dental: 47%
vision benefits
Vision: 43%
no benefits
None: 37%