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Residential fee appraiser vs valuation consultant

The differences between residential fee 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 fee appraiser and a valuation consultant. Additionally, a valuation consultant has an average salary of $78,851, which is higher than the $43,447 average annual salary of a residential fee appraiser.

The top three skills for a residential fee appraiser include residential real estate, income properties and condominiums. The most important skills for a valuation consultant are discounted cash flow, real estate, and litigation.

Residential fee appraiser vs valuation consultant overview

Residential Fee AppraiserValuation Consultant
Yearly salary$43,447$78,851
Hourly rate$20.89$37.91
Growth rate7%7%
Number of jobs8,52744,247
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Average age4949
Years of experience44

Residential fee appraiser vs valuation consultant salary

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

Residential Fee AppraiserValuation Consultant
Average salary$43,447$78,851
Salary rangeBetween $28,000 And $66,000Between $54,000 And $113,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between residential fee appraiser and valuation consultant education

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

Residential Fee AppraiserValuation Consultant
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Most common majorReal EstateFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Residential fee appraiser vs valuation consultant demographics

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

Residential Fee AppraiserValuation Consultant
Average age4949
Gender ratioMale, 69.0% Female, 31.0%Male, 74.4% Female, 25.6%
Race ratioBlack or African American, 4.4% Unknown, 3.8% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.9% 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 fee appraiser and valuation consultant duties and responsibilities

Residential fee appraiser example responsibilities.

  • Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
  • Respond quickly to client's individual needs, and provide high quality USPAP compliant reports.
  • Appraise commercial properties in the Houston area and demonstrate compliance to USPAP and state regulation.
  • Experience valuating single family residential, small income residential, condominium, new construction and HUD certify manufactured housing.
  • Review appraisals and other documents for large commercial mortgage-backed securities.

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 fee appraiser vs valuation consultant skills

Common residential fee appraiser skills
  • Residential Real Estate, 18%
  • Income Properties, 8%
  • Condominiums, 6%
  • FHA, 6%
  • USPAP, 5%
  • REO, 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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