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Real estate appraiser vs property appraiser

The differences between real estate appraisers and property 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 real estate appraiser and a property appraiser. Additionally, a real estate appraiser has an average salary of $54,616, which is higher than the $41,134 average annual salary of a property appraiser.

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

Real estate appraiser vs property appraiser overview

Real Estate AppraiserProperty Appraiser
Yearly salary$54,616$41,134
Hourly rate$26.26$19.78
Growth rate7%7%
Number of jobs18,1577,137
Job satisfaction4-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Average age4949
Years of experience44

Real estate appraiser vs property appraiser salary

Real estate appraisers and property appraisers have different pay scales, as shown below.

Real Estate AppraiserProperty Appraiser
Average salary$54,616$41,134
Salary rangeBetween $37,000 And $80,000Between $26,000 And $63,000
Highest paying CityLas Vegas, NVDearborn, MI
Highest paying stateNew JerseyAlaska
Best paying companyJPMorgan Chase & Co.City of Jacksonville
Best paying industryTechnologyTechnology

Differences between real estate appraiser and property appraiser education

There are a few differences between a real estate appraiser and a property appraiser in terms of educational background:

Real Estate AppraiserProperty Appraiser
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Real estate appraiser vs property appraiser demographics

Here are the differences between real estate appraisers' and property appraisers' demographics:

Real Estate AppraiserProperty Appraiser
Average age4949
Gender ratioMale, 66.5% Female, 33.5%Male, 63.6% Female, 36.4%
Race ratioBlack or African American, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.1% American Indian and Alaska Native, 0.4%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%
LGBT Percentage8%8%

Differences between real estate appraiser and property appraiser duties and responsibilities

Real estate appraiser example 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.
  • Handle property value appeals from taxpayers and communicate with them to keep them inform.
  • Input measurements, photos, and data collect at inspection of residence into ACI program.
  • Show more

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.
  • Show more

Real estate appraiser vs property appraiser skills

Common real estate appraiser skills
  • Residential Real Estate, 18%
  • Real Estate Appraisals, 6%
  • Real Property, 5%
  • Residential Properties, 4%
  • Fair Market Value, 4%
  • Market Data, 4%
Common property appraiser skills
  • Appraisal Reports, 11%
  • Property Tax, 8%
  • Appeals, 7%
  • Property Values, 7%
  • Sketch, 7%
  • Residential Properties, 5%

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