Avg. Base Salary (USD)
The average salary for a Real Estate Appraiser is $60,552
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 $44,667 based on 8 salaries. An early career Real Estate Appraiser with 1-4 years of experience earns an average total compensation of $46,584 based on 26 salaries. A …Read more
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 …Read more
- 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.