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Appraiser vs wholesaler

The differences between appraisers and wholesalers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an appraiser, becoming a wholesaler takes usually requires 6-8 years. Additionally, a wholesaler has an average salary of $59,529, 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 wholesaler are business plan, annuities, and territory sales.

Appraiser vs wholesaler overview

AppraiserWholesaler
Yearly salary$42,223$59,529
Hourly rate$20.30$28.62
Growth rate7%4%
Number of jobs1,1866,195
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 80%
Average age4946
Years of experience48

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 wholesaler do?

A wholesaler sources inventory directly from manufacturers in a supply chain and sells it to retailers. They can sell products at a lesser unit price because they are selling in bulk, which reduces the cost and handling time of goods. They are tasked with sourcing products from manufacturers and storing them appropriately. They must have good bargaining skills and effective communication skills, be organized, and have excellent time-keeping skills.

Appraiser vs wholesaler salary

Appraisers and wholesalers have different pay scales, as shown below.

AppraiserWholesaler
Average salary$42,223$59,529
Salary rangeBetween $29,000 And $59,000Between $41,000 And $84,000
Highest paying CitySan Mateo, CA-
Highest paying stateCalifornia-
Best paying companyCity National Bank-
Best paying industryInsurance-

Differences between appraiser and wholesaler education

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

AppraiserWholesaler
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Appraiser vs wholesaler demographics

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

AppraiserWholesaler
Average age4946
Gender ratioMale, 67.8% Female, 32.2%Male, 75.6% Female, 24.4%
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, 8.1% Unknown, 4.0% Hispanic or Latino, 15.0% Asian, 6.3% White, 66.1% American Indian and Alaska Native, 0.4%
LGBT Percentage8%6%

Differences between appraiser and wholesaler 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.
  • Show more

Wholesaler example responsibilities.

  • Team with external wholesaler to develop sales and servicing strategy in order to manage assign sales region effectively.
  • Work closely with bank management to help market annuities through the retail branches.
  • Prepare and schedule meetings, seminars and conference calls with brokers to increase awareness, understanding and usage of MassMutual annuities.
  • Recognize by management for confidence and develop knowledge of the healthcare industry with uncanny ability to expertly penetrate large accounts.
  • Work in partnership with RVP, covering the top-producing R.I.A.
  • Develop individual account base through telemarketing, cold-calling & prospecting.

Appraiser vs wholesaler skills

Common appraiser skills
  • Commercial Property, 13%
  • Appraisal Reports, 12%
  • Customer Service, 7%
  • MAI, 6%
  • Discounted Cash Flow, 5%
  • Market Research, 4%
Common wholesaler skills
  • Business Plan, 18%
  • Annuities, 8%
  • Territory Sales, 6%
  • Excellent Presentation, 6%
  • Sales Process, 4%
  • Leverage, 4%

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