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How much does a Real Estate Appraiser make?

The average salary for a Real Estate Appraiser is $76,964 per year in the US.

Real estate appraisers play a key role in the property market. They assess the value of properties, which helps in buying, selling, and financing. This job can be rewarding both financially and professionally. The average yearly salary for a real estate appraiser is around $76,964. This figure can vary based on experience, location, and the type of properties appraised.

Appraisers often start with a lower salary, but it can grow significantly with experience. For instance, those with less than a year in the field might earn around $35,000. As experience increases, so does the salary. Experienced appraisers can earn upwards of $125,000 per year. This growth potential makes it a good career choice for those willing to invest time in learning and gaining expertise.

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What are the highest paying cities for a Real Estate Appraiser?

Real Estate Appraisers in Richmond, VA, find some of the highest pay in the industry. The average salary there is over $90,000. Worcester, MA, and Virginia Beach, VA, also offer strong salaries, with averages around $90,000 and $80,000, respectively. These cities provide excellent opportunities for those in the field.
Graph displaying highest paying cities salaries for Real Estate Appraiser jobs, highlighting Richmond, VA with the highest at $90,870 and Detroit, MI with the lowest at $52,093.
  1. Richmond, VA
    Average Salary: $90,870
    In Richmond, appraisers work with a mix of residential and commercial properties. Companies like Coldwell Banker and Keller Williams offer great opportunities. The city's growing economy makes it a good place to build a career.
    Find Real Estate Appraiser jobs in Richmond, VA


  2. Worcester, MA
    Average Salary: $89,750
    Worcester provides a mix of urban and suburban appraisals. Firms such as Mass Appraisal and Eastern Appraisal work with local banks and real estate agencies. The city's diverse market offers a range of experiences.
    Find Real Estate Appraiser jobs in Worcester, MA


  3. Virginia Beach, VA
    Average Salary: $80,781
    Appraisers in Virginia Beach handle many coastal properties. Companies like Eastern Appraisal and Dominion Resources offer solid career paths. The beach lifestyle adds a unique aspect to the job.
    Find Real Estate Appraiser jobs in Virginia Beach, VA


  4. Dallas, TX
    Average Salary: $73,187
    Dallas offers a fast-paced environment with many commercial and residential appraisals. Major firms like Cushman & Wakefield and CBRE provide opportunities. The city's booming economy makes it an exciting place to work.
    Find Real Estate Appraiser jobs in Dallas, TX


  5. Rochester, NY
    Average Salary: $59,494
    Rochester's market includes both urban and rural properties. Companies like Eastern Appraisal and Mass Appraisal are active here. The city's rich history and vibrant culture add to the job experience.
    Find Real Estate Appraiser jobs in Rochester, NY


  6. Detroit, MI
    Average Salary: $52,093
    Detroit offers a mix of revitalization and urban challenges. Firms like Eastern Appraisal and Mass Appraisal are prominent. The city's comeback story provides a dynamic work environment.
    Find Real Estate Appraiser jobs in Detroit, MI

What are the best companies a Real Estate Appraiser can work for?

Class Valuation offers the highest average salary for Real Estate Appraisers at $115,000. Farm Credit Services of America follows closely with a salary of $101,414. ServiceLink provides a competitive salary of $92,500. These companies value skilled appraisers and offer attractive compensation packages.
Graph displaying best paying company salaries for Real Estate Appraiser jobs, highlighting Class Valuation with the highest at $115,000 and ServiceLink with the lowest at $92,500.
  1. Class Valuation
    Average Salary: $115,000
    Class Valuation offers rewarding Real Estate Appraiser jobs. They provide appraisal services for a variety of properties across the United States. With a focus on accuracy and professionalism, they value their appraisers and offer competitive salaries.


  2. Farm Credit Services of America
    Average Salary: $101,414
    Farm Credit Services of America is a leading provider of financial services for agriculture. They offer Real Estate Appraiser positions that focus on rural and agricultural properties. Their appraisers work in various locations across the country, ensuring fair and accurate valuations.


  3. ServiceLink
    Average Salary: $92,500
    ServiceLink provides appraisal management services for lenders and real estate companies. They offer Real Estate Appraiser jobs that involve working with a variety of property types. Their appraisers operate in multiple states, delivering reliable and detailed appraisals.

How to earn more as a Real Estate Appraiser?

Becoming a successful Real Estate Appraiser involves more than just understanding property values. It requires a combination of skills, experience, and strategic actions. By focusing on certain key factors, appraisers can increase their earning potential. One important factor is gaining specialized certifications. These certifications can validate expertise in specific areas, such as commercial properties or historic homes, making appraisers more valuable to clients.

Another factor is building a strong network. Connecting with real estate agents, lenders, and other professionals can lead to more job opportunities. Attending industry conferences and joining professional organizations also helps in staying updated with market trends and best practices. Experience plays a crucial role as well. The more properties an appraiser evaluates, the better they become at estimating market values accurately. This experience can lead to higher-paying assignments and client trust. Additionally, investing in continuing education keeps appraisers knowledgeable about new laws and appraisal techniques. Finally, maintaining a professional reputation through quality work and ethical practices can lead to repeat business and referrals.

Here are some key factors to consider:

  1. Obtain specialized certifications
  2. Build a strong professional network
  3. Gain experience through diverse property evaluations
  4. Invest in continuing education
  5. Maintain a strong professional reputation

Currently 58 Real Estate Appraiser job openings, nationwide.

How's the job market for a Real Estate Appraiser in the US?

Learn what a Real Estate Appraiser does, how to become one, and understand the job outlook. Get simple steps to start your career as a Real Estate Appraiser today.
Position
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Real Estate Appraiser
58 Job Openings