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Real estate appraiser vs valuation consultant

The differences between real estate appraisers and valuation consultants 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 valuation consultant. Additionally, a valuation consultant has an average salary of $78,851, which is higher than the $54,616 average annual salary of a real estate 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 valuation consultant are discounted cash flow, real estate, and litigation.

Real estate appraiser vs valuation consultant overview

Real Estate AppraiserValuation Consultant
Yearly salary$54,616$78,851
Hourly rate$26.26$37.91
Growth rate7%7%
Number of jobs18,15744,247
Job satisfaction4-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Average age4949
Years of experience44

Real estate appraiser vs valuation consultant salary

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

Real Estate AppraiserValuation Consultant
Average salary$54,616$78,851
Salary rangeBetween $37,000 And $80,000Between $54,000 And $113,000
Highest paying CityLas Vegas, NV-
Highest paying stateNew Jersey-
Best paying companyJPMorgan Chase & Co.-
Best paying industryTechnology-

Differences between real estate appraiser and valuation consultant education

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

Real Estate AppraiserValuation Consultant
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Real estate appraiser vs valuation consultant demographics

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

Real Estate AppraiserValuation Consultant
Average age4949
Gender ratioMale, 66.5% Female, 33.5%Male, 74.4% Female, 25.6%
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, 4.5% Unknown, 3.9% Hispanic or Latino, 6.7% Asian, 2.9% White, 81.7% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between real estate appraiser and valuation consultant 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.
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Valuation consultant example responsibilities.

  • Manage several SDLC phases for enterprise systems used by state government agencies to perform environmental and environmental management.
  • Develop a litigation support practice.
  • Perform valuations for transactions, litigation support, tax and regulatory purposes
  • Advise clients on the price or value across a range of assets, including intellectual property and securities.
  • Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
  • Review appraisals and BPO's to ascertain market value.
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Real estate appraiser vs valuation consultant 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 valuation consultant skills
  • Discounted Cash Flow, 16%
  • Real Estate, 16%
  • Litigation, 14%
  • Business Valuation, 9%
  • Derivative, 7%
  • Valuation Reports, 7%

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