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What is a real estate appraiser and how to become one

Updated January 8, 2025
4 min read
Quoted Expert
Dave Bunton
introduction image

Before a property is sold, mortgaged, or developed, it is the job of a real estate appraiser to estimate its value based on factors like location, curb appeal, age of the property, characteristics, and structural materials used, among many others.

A typical workday for a real estate appraiser revolves around gathering information about the property, analyzing these bits of information, valuing the property using found data and information on comparable homes, and maintaining property records. Their job also entails staying on top of current market conditions that can affect their appraising property.

The basic educational requirement for this role is a bachelor's degree in economics, finance, real estate law, or something similar. Aspiring real estate appraisers also need a state-issued license to operate as one legally. The minimum requirements for appraiser licenses are on the Appraiser Qualification Board's (ABQ) official website.

Apart from formal education and an appraiser license, one must be impartial, inquisitive, and highly objective to appraise properties fairly. Aside from that, real estate appraisers need to be analytical, detail-oriented, and skilled in math.

What general advice would you give to a Real Estate Appraiser?

Dave BuntonDave Bunton LinkedIn Profile

President, The Appraisal Foundation

During the pandemic, we've seen an increase in the number of people hoping to join the appraisal profession. This makes sense because appraisal work allows you to work out of your home independently, has flexible hours, and takes advantage of the latest technology. While many industries have had to make these shifts after the pandemic started, appraisers have been working this way for years, and we're pleased that folks looking to start or shift their careers are discovering these benefits in the appraisal profession.
ScoreReal Estate AppraiserUS Average
Salary
4.3

Avg. Salary $54,616

Avg. Salary $59,228

Stability Level
5.0

Growth Rate 7%

Growth Rate 0.3%

Diversity
2.9
Race

American Indian and Alaska Native 0.43%

Asian 2.90%

Black or African American 4.73%

Hispanic or Latino 6.94%

Unknown 3.89%

White 81.10%

Gender

female 33.52%

male 66.48%

Age - 51
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 51
Stress Level
5.0

Stress level is manageable

7.1 - high

Complexity Level
7.5

Complexity Level is challenging

7 - challenging

Work Life Balance
2.1

Work Life balance is very poor

6.4 - fair

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Real Estate Appraiser career paths

Key steps to become a real estate appraiser

  1. Explore real estate appraiser education requirements

    Most common real estate appraiser degrees

    Bachelor's

    68.9 %

    Associate

    15.0 %

    Master's

    6.6 %
  2. Start to develop specific real estate appraiser skills

    SkillsPercentages
    Residential Real Estate17.55%
    Real Estate Appraisals5.83%
    Real Property5.21%
    Residential Properties4.31%
    Fair Market Value4.08%
  3. Complete relevant real estate appraiser training and internships

    Accountants spend an average of 2-4 years on post-employment, on-the-job training. New real estate appraisers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a real estate appraiser based on U.S. Bureau of Labor Statistics data and data from real real estate appraiser resumes.
  4. Obtain the necessary licensing

    Becoming a licensed real estate appraiser usually doesn't require a college degree. However, you need to pass an exam to become a licensed real estate appraiser in most of states. 43 states require real estate appraisers to have license for their work. You can see the list of states below.
    StateEducationExamLicense Url
    AlabamaDegree requiredState exam requiredLicensed Real Property Appraiser
    MarylandDegree requiredState exam requiredREAL ESTATE BROKER
    Alaska--Real Estate Broker
    CaliforniaDegree requiredState exam requiredReal Estate Broker License
    ColoradoSpecific course requiredState exam requiredReal Estate Broker License
  5. Research real estate appraiser duties and responsibilities

    • Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
    • Produce high value appraisals for commercial and residential REO properties.
    • Work directly with senior real estate appraiser and MAI designate appraisers.
    • Assist and collaborate with a MAI on assignments including inspections and comparable selection.
  6. Prepare your real estate appraiser resume

    When your background is strong enough, you can start writing your real estate appraiser resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a real estate appraiser resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Real Estate Appraiser Resume templates

    Build a professional Real Estate Appraiser resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Real Estate Appraiser resume.
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    Real Estate Appraiser Resume
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    Real Estate Appraiser Resume
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    Real Estate Appraiser Resume
    Real Estate Appraiser Resume
    Real Estate Appraiser Resume
    Real Estate Appraiser Resume
    Real Estate Appraiser Resume
  7. Apply for real estate appraiser jobs

    Now it's time to start searching for a real estate appraiser job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Real Estate Appraiser Job

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Average real estate appraiser salary

The average Real Estate Appraiser salary in the United States is $54,616 per year or $26 per hour. Real estate appraiser salaries range between $37,000 and $80,000 per year.

Average Real Estate Appraiser Salary
$54,616 Yearly
$26.26 hourly

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How do real estate appraisers rate their job?

4/5

Based On 1 Ratings

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Real Estate Appraiser reviews

profile
A zippia user wrote a review on Oct 2019
Pros

Flexibility and potential for making great money.


profile
4.0
A zippia user wrote a review on Aug 2019
Pros

Meeting customers, driving to different areas. Taking pictures of houses and measuring them

Cons

Weather


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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