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Residential appraiser vs valuation consultant

The differences between residential 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 residential appraiser and a valuation consultant. Additionally, a valuation consultant has an average salary of $78,851, 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 valuation consultant are discounted cash flow, real estate, and litigation.

Residential appraiser vs valuation consultant overview

Residential AppraiserValuation Consultant
Yearly salary$42,503$78,851
Hourly rate$20.43$37.91
Growth rate7%7%
Number of jobs8,58144,247
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Average age4949
Years of experience44

Residential appraiser vs valuation consultant salary

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

Residential AppraiserValuation Consultant
Average salary$42,503$78,851
Salary rangeBetween $29,000 And $61,000Between $54,000 And $113,000
Highest paying CitySan Francisco, CA-
Highest paying stateCalifornia-
Best paying companyU.S. Bank-
Best paying industryAutomotive-

Differences between residential appraiser and valuation consultant education

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

Residential AppraiserValuation Consultant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Residential appraiser vs valuation consultant demographics

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

Residential AppraiserValuation Consultant
Average age4949
Gender ratioMale, 60.0% Female, 40.0%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, 81.2% 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 residential appraiser and valuation consultant 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.
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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.
  • Show more

Residential appraiser vs valuation consultant skills

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