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What Does a Real Estate Appraiser Do?

If you have an analytical mind and love looking at houses, here’s an in-demand job to consider. Real estate appraisers provide an unbiased estimate, or appraisal, of the value of land and the buildings on that land. They provide assistance to those who own or manage property as well as those who sell, invest in or lend money for real estate. Appraisers prepare a financial estimate of a property and research issues that could influence its value. They compare their research against similar properties. Appraisers typically value one property at a time, and they often specialize in a certain type of real estate, like commercial or residential.

A related job is real estate assessor, who looks at whole neighborhoods to assess value to determine tax values. An assessor is typically an elected official.

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Median Salary $
58,000
Jobs Available
3,000+
A real estate appraiser completes a form that notes the condition of a house
Real estate appraisers spend a large part of their day conducting property visits. (Credit: Andrey_Popov/Shutterstock)
Duties + Responsibilities
  • Visit individual properties, noting characteristics and surrounding properties
  • Check the legal description in the public record
  • Examine all variables that impact a property’s value, like overall condition or renovation work
  • Take photographs of a property, including exterior and interior images
  • Compare property to others in the surrounding area
  • Prepare reports that explain assessment results and methods used
  • Stay up-to-date on real estate market conditions
Education + Training

Requirements to become an appraiser vary by state and sometimes by city or even the value or type of property. Because home loans are generally financed by federally insured banks, assessors must earn a state license or certification. An entry-level state license typically does not require a bachelor’s degree. Getting the licence requires passing an exam and completing a set number of hours of on-the-job training.

The Certified Residential Real Property Appraiser and the Certified General Real Property Appraiser are the two federally-required certifications for real estate appraisers. Check with your state's licensing board for specific certification requirements.

You May Be a Good Fit for This Position If You
  • Have great listening skills
  • Have good analytical skills to compare options
  • Have good problem solving skills
  • Have excellent writing skills
  • Have good interpersonal skills and like to interact with clients

Real Estate Appraiser training in your area

Coordinates

Real Estate Professional Certificate

Columbus State Community College
Columbus (0.0 Miles)

Real Estate, A.A.S.

Cedar Valley College
Lancaster (0.0 Miles)

Real Estate Associate Degree

Cerritos College
Norwalk (0.0 Miles)

Real Estate, A.A.S.

Zane State College
Zanesville (0.0 Miles)

Resl Estate Certificate

North Lake College
Irving (0.0 Miles)

Real Estate Continuing Education

Fayetteville Technical Community College
Fayetteville (0.0 Miles)

Real Estate, A.A.S.

Waukesha County Technical College
Pewaukee (0.0 Miles)

Real Estate & Home Inspection Certification

Frederick Community College
Frederick (0.0 Miles)

Real Estate Property Management Certificate

Columbus State Community College
Columbus (0.0 Miles)

Real Estate Certificate

Cedar Valley College
Lancaster (0.0 Miles)

Real Estate Certificate of Achievement

Cerritos College
Norwalk (0.0 Miles)

Real Estate, A.A.S.

North Seattle College
Seattle (0.0 Miles)

Find Real Estate Appraiser Jobs in Your Area

Coordinates

Residential Real Estate Appraisal Reviewer - Remote residential

First Horizon National Corp.
Chapel Hill ( 0.0 ) Miles
Posted 1 week 5 days ago

Real Estate Valuation Associate

Alaska Pacific Bank
Anchorage ( 0.0 ) Miles
Posted 1 week 1 day ago

Review Appraiser

Department of Defense
Omaha ( 0.0 ) Miles
Posted 1 week ago

Commercial Appraisal Reviewer (UT, CO, ID, NV, AZ, TX, WA, CA, OR)

California Bank & Trust
Salt Lake City ( 0.0 ) Miles
Posted 5 days 11 hours ago

Senior Appraiser

County of Nevada
Truckee ( 0.0 ) Miles
Posted 2 days 11 hours ago

Realty Specialist

National Older Worker Career Center
Atlanta ( 0.0 ) Miles
Posted 2 months 3 weeks ago

Commercial Real Estate Appraiser

B. Riley Financial, Inc.
Phoenix ( 0.0 ) Miles
Posted 2 months ago

Lead Multifamily Appraiser

Jones Lange Lasalle Inc.
Atlanta ( 0.0 ) Miles
Posted 1 month 3 weeks ago