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Residential appraiser vs jewelry appraiser

The differences between residential appraisers and jewelry 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 residential appraiser and a jewelry appraiser. Additionally, a jewelry appraiser has an average salary of $48,404, which is higher than the $42,503 average annual salary of a residential appraiser.

The top three skills for a residential appraiser include uniform standards, residential real estate and USPAP. The most important skills for a jewelry appraiser are gem, , and .

Residential appraiser vs jewelry appraiser overview

Residential AppraiserJewelry Appraiser
Yearly salary$42,503$48,404
Hourly rate$20.43$23.27
Growth rate7%7%
Number of jobs8,5814,434
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 70%
Average age4949
Years of experience44

Residential appraiser vs jewelry appraiser salary

Residential appraisers and jewelry appraisers have different pay scales, as shown below.

Residential AppraiserJewelry Appraiser
Average salary$42,503$48,404
Salary rangeBetween $29,000 And $61,000Between $32,000 And $71,000
Highest paying CitySan Francisco, CA-
Highest paying stateCalifornia-
Best paying companyU.S. Bank-
Best paying industryAutomotive-

Differences between residential appraiser and jewelry appraiser education

There are a few differences between a residential appraiser and a jewelry appraiser in terms of educational background:

Residential AppraiserJewelry Appraiser
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Residential appraiser vs jewelry appraiser demographics

Here are the differences between residential appraisers' and jewelry appraisers' demographics:

Residential AppraiserJewelry Appraiser
Average age4949
Gender ratioMale, 60.0% Female, 40.0%Male, 31.8% Female, 68.2%
Race ratioBlack or African American, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.2% American Indian and Alaska Native, 0.4%Black or African American, 3.1% Unknown, 3.7% Hispanic or Latino, 5.1% Asian, 2.6% White, 85.1% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between residential appraiser and jewelry appraiser duties and responsibilities

Residential appraiser example responsibilities.

  • Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
  • Utilize ISC, MLS and state, county and city public records websites for data collection need for residential appraisals.
  • Review appraisal reports as per FNMA and FHLMC laws.
  • Contact to performing appraisals for HUD foreclosure properties, through Pemco.
  • Assist in appraisals for multiple counties, including FHA, and conventional loans.
  • Assess and report any health and safety violations in accordance to FHA policy.
  • Show more

Jewelry appraiser example responsibilities.

  • Provide detailed written reviews of residential properties ensuring USPAP guidelines, federal regulatory requirements and lender appraisal guidelines are met.
  • Test gems, diamonds, calculate labor costs.
  • Recognize authority on appraising gems and jewelry.
  • Gain familiarity with FNMA, underwriting, and regulatoryguidelines.

Residential appraiser vs jewelry appraiser skills

Common residential appraiser skills
  • Uniform Standards, 12%
  • Residential Real Estate, 8%
  • USPAP, 7%
  • Data Entry, 6%
  • Fair Market Value, 6%
  • GIS, 5%
Common jewelry appraiser skills
  • Gem, 100%

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