whats the yearly income of a real estate appraiser?

Answer 1

Salaries for real estate appraisers vary greatly depending on a number of factors, including:

- The market the appraiser works in.

- The type of work being performed. Appraisers are not limited to doing appraisals, but also can do consultations and reviews of other appraisers' work.

- The amount of experience the appraiser has (with more experience, an appraiser can do their work more quickly and will be able to work on more complex assignments)

- The type of appraisal license - does the appraiser have a license that allows them to appraise residential or a commercial properties? Commerical appraisers tend to make more than residential appraisers because the work is more compex and commerical appraisal require more depth of analysis.

- Place of employement - Are you working solo or with an appraisal office. Solo appraisers will gain 100% of the fee. Salary structures within appraisal offices will vary from one appraisal office to another.

Salary.com is a good resource to get a general idea of the pay levels for various regions and license levels.

Answer 2

I am a commercial appraiser and the people in our office generally make anywhere from $40-$200k. The owners make more. It is a job that is commission based so if you want to make a lot, you have to put in the work. Not a job for lazy people.

Answer 3

It all depends on the quantity of work. People make generally $295-$495 per appraisal. Some people are busy and some are slower. But you have to build your clientel. Thats the hard part!

Answer 4

Really depends...I started 5 years ago and made around $40K-70K the first three years. Now the market has slowed and I didn't save any money and am going through all kinds of bad stuff. I made $25K last year. Not enough.

Answer 5

Median shown below is almost $76,000 but I made around $115,000 last year.

This for commercial.

I also found residential at $41,500.