Appraisers & Assessors of Real Estate

Also Called: Appraiser, Assessor, Real Estate Appraiser, Valuation Consultant

What Appraisers & Assessors of Real Estate do

Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.

  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Inspect new construction and major improvements to existing structures to determine values.
Industry Areas:

Finance and Business Retail Sales and Services

Expand For Additional Details

Work Context

  • Telephone
  • Electronic Mail
  • Importance of Being Exact or Accurate
  • Face-to-Face Discussions
  • Freedom to Make Decisions

Tools

  • Electronic charts or maps or atlases
  • Laser measuring systems
  • Carbon monoxide analyzer
  • Notebook computers
  • Personal digital assistant PDAs or organizers

Technology

Data base user interface and query software
Database software
Microsoft Access
Video conferencing software
Google Meet
Analytical or scientific software
Construction Management Software ProEst
WinGap

The Education & Training You Need

Skills

  • Active Listening
  • Reading Comprehension
  • Critical Thinking
  • Speaking
  • Judgment and Decision Making

Knowledge

Arts and Humanities
English language
Business
customer service
administrative services
Engineering and Technology
computers and electronics
building and construction
Math and Science
arithmetic, algebra, geometry, calculus, or statistics

Experience

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

What are your training options on the pathway to this occupation?

Are You a Good Fit?

Occupation Traits

Work Styles

  • Integrity
  • Attention to Detail
  • Dependability
  • Independence
  • Analytical Thinking
  • Stress Tolerance

Values

  • Independence
  • Support
  • Working Conditions

Abilities

  • Verbal
  • Ideas and Logic
  • Math

This is what Appraisers & Assessors of Real Estate across the country typically make.

$17.42 / hour
$36,230 /year

Entry Level

$29.63 / hour
$61,630 /year

Median Level

$56.05 / hour
$116,580 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Average

Please be sure to verify the outlook of this occupation with your instructor.

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