Property appraiser vs residential fee appraiser

The differences between property appraisers and residential fee appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a property appraiser and a residential fee appraiser. Additionally, a residential fee appraiser has an average salary of $43,447, which is higher than the $41,134 average annual salary of a property appraiser.

The top three skills for a property appraiser include appraisal reports, property tax and appeals. The most important skills for a residential fee appraiser are residential real estate, income properties, and condominiums.

Property appraiser vs residential fee appraiser overview

	Property Appraiser	Residential Fee Appraiser
Yearly salary	$41,134	$43,447
Hourly rate	$19.78	$20.89
Growth rate	7%	7%
Number of jobs	7,137	8,527
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 72%
Average age	49	49
Years of experience	4	4

Property appraiser vs residential fee appraiser salary

Property appraisers and residential fee appraisers have different pay scales, as shown below.

	Property Appraiser	Residential Fee Appraiser
Average salary	$41,134	$43,447
Salary range	Between $26,000 And $63,000	Between $28,000 And $66,000
Highest paying City	Dearborn, MI	-
Highest paying state	Alaska	-
Best paying company	City of Jacksonville	-
Best paying industry	Technology	-

Differences between property appraiser and residential fee appraiser education

There are a few differences between a property appraiser and a residential fee appraiser in terms of educational background:

	Property Appraiser	Residential Fee Appraiser
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 72%
Most common major	Business	Real Estate
Most common college	Stanford University	University of Pennsylvania

Property appraiser vs residential fee appraiser demographics

Here are the differences between property appraisers' and residential fee appraisers' demographics:

	Property Appraiser	Residential Fee Appraiser
Average age	49	49
Gender ratio	Male, 63.6% Female, 36.4%	Male, 69.0% Female, 31.0%
Race ratio	Black or African American, 4.4% Unknown, 3.9% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.8% American Indian and Alaska Native, 0.4%	Black or African American, 4.4% Unknown, 3.8% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.9% American Indian and Alaska Native, 0.4%
LGBT Percentage	8%	8%

Differences between property appraiser and residential fee appraiser duties and responsibilities

Property appraiser example responsibilities.

Accomplish this task by using HTML5, jQuery, CSS4, along with ASP.NET.
Set up and delete accounts using PACS software.
Complete permits, appeals, and other responsibilities in record time.
Work with artists in the branding and rebranding of their careers.
Research market areas through MLS, country records, realtors, and homeowners.
Use of GIS applications to visualize valuation changes, demographics, route efficiency, and other attributes.

Residential fee appraiser example responsibilities.

Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
Respond quickly to client's individual needs, and provide high quality USPAP compliant reports.
Appraise commercial properties in the Houston area and demonstrate compliance to USPAP and state regulation.
Experience valuating single family residential, small income residential, condominium, new construction and HUD certify manufactured housing.
Review appraisals and other documents for large commercial mortgage-backed securities.

Property appraiser vs residential fee appraiser skills

Common property appraiser skills

Appraisal Reports, 11%
Property Tax, 8%
Appeals, 7%
Property Values, 7%
Sketch, 7%
Residential Properties, 5%

Common residential fee appraiser skills

Residential Real Estate, 18%
Income Properties, 8%
Condominiums, 6%
FHA, 6%
USPAP, 5%
REO, 4%

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Property Appraiser
Property Appraiser vs Residential Fee Appraiser

Updated January 8, 2025

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