Real Estate Appraiser Salary

The average salary for a Real Estate Appraiser is $60,429.

10%

$38k

MEDIAN

$60k

90%

$102k

Salary

$38k - $102k

Bonus

$304 - $24k

Profit Sharing

$0 - $25k

Commission

$0 - $41k

Total Pay

$36k - $117k

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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

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

4 out of 5

(60)

Highly Satisfied

3Reviews

Popular Employer Salaries for Real Estate Appraiser

Self-Employed

$51k

Career Paths

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 to research other job paths.

Real Estate Appraiser

Real Estate Appraiser, Residential

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Real Estate Appraiser/Assessor

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Real Estate Appraiser, Commercial

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More common (> 20%)

Somewhat common (8 - 20%)

Less common (< 8%)

Real Estate Appraiser Job Listings

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Job Title / Company

Location

What Are Popular Skills for Real Estate Appraisers?

Real Estate

$61,605

188 responses

Valuation

$60,689

94 responses

Market Analysis

$59,816

43 responses

Market Research

$60,641

40 responses

Residential

$54,357

35 responses

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

Learn more about cost of living by city.

New York, New York

▲63%

San Francisco, California

▲57%

Chicago, Illinois

▲46%

Los Angeles, California

▲19%

Denver, Colorado

▲19%

Dallas, Texas

▲15%

Phoenix, Arizona

▼14%

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).