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The differences between real estate brokers and real estate appraisers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker has an average salary of $80,250, which is higher than the $54,616 average annual salary of a real estate appraiser.
The top three skills for a real estate broker include real estate sales, purchase agreements and financial resources. The most important skills for a real estate appraiser are residential real estate, real estate appraisals, and real property.
| Real Estate Broker | Real Estate Appraiser | |
| Yearly salary | $80,250 | $54,616 |
| Hourly rate | $38.58 | $26.26 |
| Growth rate | 5% | 7% |
| Number of jobs | 19,151 | 18,157 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Average age | 49 | 49 |
| Years of experience | - | 4 |
Real estate appraisers are unique in that many of them are self-employed. Nevertheless, it is a career that will require an enterprising, inquisitive, and motivated personality, as well as impartiality and unbiased nature. Appraisers will provide objective opinions on the value of properties, as well as assist the owners/managers/investors for real estate. They must also verify legal real estate records, inspect properties, photograph interior and exterior structures, and prepare and maintain written reports on property values.
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Real estate brokers and real estate appraisers have different pay scales, as shown below.
| Real Estate Broker | Real Estate Appraiser | |
| Average salary | $80,250 | $54,616 |
| Salary range | Between $56,000 And $114,000 | Between $37,000 And $80,000 |
| Highest paying City | New York, NY | Las Vegas, NV |
| Highest paying state | New York | New Jersey |
| Best paying company | Village Real Estate | JPMorgan Chase & Co. |
| Best paying industry | Finance | Technology |
There are a few differences between a real estate broker and a real estate appraiser in terms of educational background:
| Real Estate Broker | Real Estate Appraiser | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between real estate brokers' and real estate appraisers' demographics:
| Real Estate Broker | Real Estate Appraiser | |
| Average age | 49 | 49 |
| Gender ratio | Male, 54.3% Female, 45.7% | Male, 66.5% Female, 33.5% |
| Race ratio | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.0% American Indian and Alaska Native, 0.3% | Black 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% |
| LGBT Percentage | 13% | 8% |