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The differences between appraisers and realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an appraiser has an average salary of $42,223, which is higher than the $38,290 average annual salary of a realtor.
The top three skills for an appraiser include commercial property, appraisal reports and customer service. The most important skills for a realtor are residential real estate, open houses, and purchase agreements.
| Appraiser | Realtor | |
| Yearly salary | $42,223 | $38,290 |
| Hourly rate | $20.30 | $18.41 |
| Growth rate | 7% | 5% |
| Number of jobs | 1,186 | 7,482 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Average age | 49 | 49 |
| Years of experience | 4 | - |
An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.
A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.
Appraisers and realtors have different pay scales, as shown below.
| Appraiser | Realtor | |
| Average salary | $42,223 | $38,290 |
| Salary range | Between $29,000 And $59,000 | Between $27,000 And $53,000 |
| Highest paying City | San Mateo, CA | San Antonio, TX |
| Highest paying state | California | Connecticut |
| Best paying company | City National Bank | Berkshire Hathaway Homeservices Alliance Real Estate |
| Best paying industry | Insurance | Real Estate |
There are a few differences between an appraiser and a realtor in terms of educational background:
| Appraiser | Realtor | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between appraisers' and realtors' demographics:
| Appraiser | Realtor | |
| Average age | 49 | 49 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 40.2% Female, 59.8% |
| Race ratio | Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4% | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 8% | 13% |