Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A Real Estate Appraiser is a professional who assesses the value of properties, including residential and commercial real estate. This valuation is crucial for various transactions, including sales, mortgages, and property tax assessments.
Education: Bachelor's degree
Years in related career: None
On-the-job training: Long-term
Projected Growth: Unknown
Annual job openings: 6,300
Direct AI exposure: 20% of tasks
Potential AI exposure: 73% of tasks
| According to ZipRecruiter, average income (in USD) is $93K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| NA per year | $92K per year | $93K per year | $94K per year | $116K per year |
| Compared to other careers: Median is $42K above the national average. | ||||
Real Estate Appraisers often split their time between an office setting, where they conduct research and prepare reports, and field work, where they inspect properties. They may be self-employed, work for real estate appraisal firms, or be employed by government agencies. The job involves travel to properties and may require irregular hours, especially to accommodate clients' schedules.
Real Estate Appraisers play a crucial role in the property market, providing objective assessments that influence financial decisions. Their work requires a mix of on-site inspections and office-based research and report writing. They must be knowledgeable about property law, construction, and local real estate markets.
Attention to detail is essential in this profession, as appraisers need to consider numerous factors that affect property value, including location, condition, and market trends. They must also have strong analytical skills to interpret market data and make accurate valuations.
Real Estate Appraisers often work independently, requiring self-motivation and good time management. They must also have strong communication skills to interact effectively with clients and other stakeholders in the real estate industry.
Becoming a Real Estate Appraiser typically requires a bachelor's degree, especially for more complex property appraisals, amounting to about 4 years of post-secondary education. Additionally, licensure is required, which involves specific coursework, exams, and a certain number of hours of fieldwork.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
