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Real estate appraiser vs realtor

The differences between real estate appraisers and realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate appraiser has an average salary of $54,616, which is higher than the $38,290 average annual salary of a realtor.

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 realtor are residential real estate, open houses, and purchase agreements.

Real estate appraiser vs realtor overview

Real Estate AppraiserRealtor
Yearly salary$54,616$38,290
Hourly rate$26.26$18.41
Growth rate7%5%
Number of jobs18,1577,482
Job satisfaction4-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 60%
Average age4949
Years of experience4-

What does a real estate appraiser do?

Reading Teachers are specialists in helping individuals increase their reading and literacy levels. Their duties include implementing lessons appealing to different learning styles, diagnosing literacy disorders, and helping students overcome reading difficulties. Reading Teachers also monitor classrooms and common areas as well as communicate with parents on their child's reading progress. Their work can range from teaching young children to identify alphabets and pronounce correctly to assisting high school student in improving vocabulary and summary techniques. They participate in courses and seminars to keep updated with state standards and new teaching methodologies.

What does a realtor do?

A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.

Real estate appraiser vs realtor salary

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

Real Estate AppraiserRealtor
Average salary$54,616$38,290
Salary rangeBetween $37,000 And $80,000Between $27,000 And $53,000
Highest paying CityLas Vegas, NVSan Antonio, TX
Highest paying stateNew JerseyConnecticut
Best paying companyJPMorgan Chase & Co.Berkshire Hathaway Homeservices Alliance Real Estate
Best paying industryTechnologyReal Estate

Differences between real estate appraiser and realtor education

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

Real Estate AppraiserRealtor
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Real estate appraiser vs realtor demographics

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

Real Estate AppraiserRealtor
Average age4949
Gender ratioMale, 66.5% Female, 33.5%Male, 40.2% Female, 59.8%
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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%
LGBT Percentage8%13%

Differences between real estate appraiser and realtor 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

Realtor example responsibilities.

  • Process funds and manage accounts through QuickBooks.
  • Manage scheduling and develop computer reports and MLS listings, create PowerPoint presentations, marketing materials and handle advertising.
  • Place and remove signs & lockboxes.
  • Make entries into QuickBooks; reconcile monthly bank statements.
  • Install yard signs, directional signs and lockboxes on each listing.
  • Coordinate social media advertisements by posting updates to Facebook, LinkedIn, and Pinterest accounts.
  • Show more

Real estate appraiser vs realtor 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 realtor skills
  • Residential Real Estate, 22%
  • Open Houses, 9%
  • Purchase Agreements, 6%
  • Comparative Market Analysis, 5%
  • Real Estate Sales, 4%
  • Real Estate Contracts, 4%

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