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Appraiser vs staff appraiser

The differences between appraisers and staff appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an appraiser and a staff appraiser. Additionally, a staff appraiser has an average salary of $43,583, which is higher than the $42,223 average annual salary of an appraiser.

The top three skills for an appraiser include commercial property, appraisal reports and customer service. The most important skills for a staff appraiser are customer service, USPAP, and residential real estate.

Appraiser vs staff appraiser overview

AppraiserStaff Appraiser
Yearly salary$42,223$43,583
Hourly rate$20.30$20.95
Growth rate7%7%
Number of jobs1,18669,228
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 70%
Average age4949
Years of experience44

What does an appraiser do?

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.

What does a staff appraiser do?

A staff appraiser does efficient work on properties or homes. Their job is to complete reports and verify cost estimations of homes and real estate. They complete a detailed inspection on a property to find out the value, quality, and age of the property. They publish written appraisals for customers, government agencies, and companies.

Appraiser vs staff appraiser salary

Appraisers and staff appraisers have different pay scales, as shown below.

AppraiserStaff Appraiser
Average salary$42,223$43,583
Salary rangeBetween $29,000 And $59,000Between $30,000 And $63,000
Highest paying CitySan Mateo, CA-
Highest paying stateCalifornia-
Best paying companyCity National Bank-
Best paying industryInsurance-

Differences between appraiser and staff appraiser education

There are a few differences between an appraiser and a staff appraiser in terms of educational background:

AppraiserStaff Appraiser
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Appraiser vs staff appraiser demographics

Here are the differences between appraisers' and staff appraisers' demographics:

AppraiserStaff Appraiser
Average age4949
Gender ratioMale, 67.8% Female, 32.2%Male, 75.9% Female, 24.1%
Race ratioBlack 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, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.2% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between appraiser and staff appraiser duties and responsibilities

Appraiser example responsibilities.

  • Cross-Train in numerous banking/lending fields relate to real property appraisal such as underwriting, loan processing, and loan origination.
  • Experience in appraising single family residences, condominiums, raw land, develop lots, construction appraisals, and final inspections.
  • Complete commercial appraisal assignments in Illinois under a supervising MAI.
  • Prepare analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
  • Provide oversight of the appraisers, to insure they are FHA approve.
  • Handle total losses by obtaining CCC reports, obtaining DMV documents and contacting lien holders.
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Staff appraiser example responsibilities.

  • Achieve specialization in servicing REO clients and knowledge of REO market and asset liquidation procedures as they relate to valuation.
  • Develop single family residential, small commercial, large commercial, FHA, REO and bankruptcy appraisals.
  • Interpret mortgages and MLS data, land descriptions and property sales contracts.
  • Ensure that all reports are in compliance with all applicable federal and state laws, USPAP, FIRREA and client requirements.
  • Apply valuation methods utilizing MLS and EVC analysis in determining market adjustments and data evaluation, resulting in appropriate loan funding.
  • Appraise distressed properties (REO's & short sales) and complex properties deem beyond the scope/expertise of the contract appraisers.
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Appraiser vs staff appraiser skills

Common appraiser skills
  • Commercial Property, 13%
  • Appraisal Reports, 12%
  • Customer Service, 7%
  • MAI, 6%
  • Discounted Cash Flow, 5%
  • Market Research, 4%
Common staff appraiser skills
  • Customer Service, 26%
  • USPAP, 11%
  • Residential Real Estate, 9%
  • FHA, 8%
  • Appraisal Software, 6%
  • Appraisal Assignments, 6%

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