Life As a Real Estate Appraiser
Example of Real Estate Appraiser Job Appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes.
Real Estate Appraiser Responsibilities
- Verify legal descriptions of properties by comparing them to county records.
- Testify in court as to the value of a piece of real estate property.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
- Search public records for transactions such as sales, leases, and assessments.
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
Real Estate Appraiser Needed Skills
Real Estate Appraisers state the following job skills are important in their day-to-day work.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Speaking: Talking to others to convey information effectively.
Related Job Titles
- Residential Real Estate Appraiser
- Bank Appraiser
- Certified Residential Real Estate Appraiser
- Certified Residential Appraiser
- Residential Staff Appraiser
Job Outlook for Real Estate Appraisers
There were about 80,800 jobs for Real Estate Appraiser in 2016 (in the United States). New jobs are being produced at a rate of 14.4% which is above the national average. The Bureau of Labor Statistics predicts 11,600 new jobs for Real Estate Appraiser by 2026. The BLS estimates 6,700 yearly job openings in this field.
The states with the most job growth for Real Estate Appraiser are Utah, Nevada, and Colorado. Watch out if you plan on working in Maryland, Alaska, or Maine. These states have the worst job growth for this type of profession.
Do Real Estate Appraisers Make A Lot Of Money?
The salary for Real Estate Appraisers ranges between about $29,690 and $102,590 a year.
Real Estate Appraisers who work in District of Columbia, Nevada, or California, make the highest salaries.
Below is a list of the median annual salaries for Real Estate Appraisers in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$93,730|
What Tools & Technology do Real Estate Appraisers Use?
Below is a list of the types of tools and technologies that Real Estate Appraisers may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Web browser software
- Word processing software
- Microsoft Windows
- Geomechanical design analysis GDA software
- CPR Visual Estimator
- Cost estimation software
- Construction Management Software ProEst
- CPR International GeneralCOST Estimator
- RealData Comparative Lease Analysis
- Softree Technical Systems Terrain Tools
- Wilson’s Computer Applications RealEasy Appraisals
- WinEstimator WinEst
- a la mode WinTOTAL
- Greenbrier Graphics Deed Plotter
- HP 49G+ Appraiser Fee Calculator
- Howard and Friends Computer CMA Plus
How to Become a Real Estate Appraiser
Education needed to be a Real Estate Appraiser:
How many years of work experience do I need?
Where Real Estate Appraisers Are Employed
The table below shows some of the most common industries where those employed in this career field work.
Those thinking about becoming a Real Estate Appraiser might also be interested in the following careers:
More about our data sources and methodologies.
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