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Real estate inspector vs real estate appraiser

The differences between real estate inspectors and real estate appraisers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a real estate inspector, becoming a real estate appraiser takes usually requires 2-4 years. Additionally, a real estate inspector has an average salary of $75,341, which is higher than the $54,616 average annual salary of a real estate appraiser.

The top three skills for a real estate inspector include inspection reports, property inspections and residential real estate. The most important skills for a real estate appraiser are residential real estate, real estate appraisals, and real property.

Real estate inspector vs real estate appraiser overview

Real Estate InspectorReal Estate Appraiser
Yearly salary$75,341$54,616
Hourly rate$36.22$26.26
Growth rate-4%7%
Number of jobs33,86318,157
Job satisfaction-4
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 69%
Average age5049
Years of experience64

Real estate inspector vs real estate appraiser salary

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

Real Estate InspectorReal Estate Appraiser
Average salary$75,341$54,616
Salary rangeBetween $53,000 And $106,000Between $37,000 And $80,000
Highest paying City-Las Vegas, NV
Highest paying state-New Jersey
Best paying company-JPMorgan Chase & Co.
Best paying industry-Technology

Differences between real estate inspector and real estate appraiser education

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

Real Estate InspectorReal Estate Appraiser
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeSan Diego State UniversityUniversity of Pennsylvania

Real estate inspector vs real estate appraiser demographics

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

Real Estate InspectorReal Estate Appraiser
Average age5049
Gender ratioMale, 83.8% Female, 16.2%Male, 66.5% Female, 33.5%
Race ratioBlack or African American, 8.2% Unknown, 5.7% Hispanic or Latino, 12.9% Asian, 3.4% White, 69.1% American Indian and Alaska Native, 0.7%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 Percentage5%8%

Differences between real estate inspector and real estate appraiser duties and responsibilities

Real estate inspector example responsibilities.

  • Accomplish and submit financial reports to promote positive cash flow and return on investment (ROI).
  • Perform thorough state certify inspections of electrical, plumbing, structural, and mechanical systems with a high level of integrity.
  • Inspect: electrical, plumbing, foundation, roof, appliances, mold/mildew, windows, and structural integrity.
  • Work extensively through client Argus files in completing sensitivity analyses, re-building client valuations, and reconciling assumptions.
  • Work extensively through client Argus files in completing sensitivity analyses, re-building client valuations, and reconciling assumptions.

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

Real estate inspector vs real estate appraiser skills

Common real estate inspector skills
  • Inspection Reports, 25%
  • Property Inspections, 22%
  • Residential Real Estate, 20%
  • Plumbing, 12%
  • HVAC, 7%
  • Ashi, 3%
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%

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