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Staff appraiser vs commercial appraiser

The differences between staff appraisers and commercial 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 staff appraiser and a commercial appraiser. Additionally, a commercial appraiser has an average salary of $43,866, which is higher than the $43,583 average annual salary of a staff appraiser.

The top three skills for a staff appraiser include customer service, USPAP and residential real estate. The most important skills for a commercial appraiser are real estate, MAI, and real property.

Staff appraiser vs commercial appraiser overview

Staff AppraiserCommercial Appraiser
Yearly salary$43,583$43,866
Hourly rate$20.95$21.09
Growth rate7%7%
Number of jobs69,22827,521
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Average age4949
Years of experience44

Staff appraiser vs commercial appraiser salary

Staff appraisers and commercial appraisers have different pay scales, as shown below.

Staff AppraiserCommercial Appraiser
Average salary$43,583$43,866
Salary rangeBetween $30,000 And $63,000Between $28,000 And $67,000
Highest paying City-San Francisco, CA
Highest paying state-Alaska
Best paying company-M&T Bank
Best paying industry-Insurance

Differences between staff appraiser and commercial appraiser education

There are a few differences between a staff appraiser and a commercial appraiser in terms of educational background:

Staff AppraiserCommercial Appraiser
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff appraiser vs commercial appraiser demographics

Here are the differences between staff appraisers' and commercial appraisers' demographics:

Staff AppraiserCommercial Appraiser
Average age4949
Gender ratioMale, 75.9% Female, 24.1%Male, 69.5% Female, 30.5%
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, 4.4% Unknown, 3.8% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.9% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between staff appraiser and commercial appraiser duties and responsibilities

Staff appraiser example responsibilities.

  • Achieve specialization in servicing REO clients and knowledge of REO market and asset liquidation procedures as they relate to valuation.
  • Develop single family residential, small commercial, large commercial, FHA, REO and bankruptcy appraisals.
  • Interpret mortgages and MLS data, land descriptions and property sales contracts.
  • Ensure that all reports are in compliance with all applicable federal and state laws, USPAP, FIRREA and client requirements.
  • Apply valuation methods utilizing MLS and EVC analysis in determining market adjustments and data evaluation, resulting in appropriate loan funding.
  • Appraise distressed properties (REO's & short sales) and complex properties deem beyond the scope/expertise of the contract appraisers.
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Commercial appraiser example responsibilities.

  • Achieve specialization in servicing REO clients and knowledge of REO market and asset liquidation procedures as they relate to valuation.
  • State certify and MAI candidate.
  • Meet with taxpayers for initial appeals process.
  • Produce USPAP compliant, credible and clear narrative appraisal reports.
  • Verify the legal descriptions list on property records versus plat records and GIS.
  • Review and monitor all single family property value appeals by owners under county and state laws allowing valuation appeals.
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Staff appraiser vs commercial appraiser skills

Common staff appraiser skills
  • Customer Service, 26%
  • USPAP, 11%
  • Residential Real Estate, 9%
  • FHA, 8%
  • Appraisal Software, 6%
  • Appraisal Assignments, 6%
Common commercial appraiser skills
  • Real Estate, 18%
  • MAI, 8%
  • Real Property, 7%
  • USPAP, 5%
  • Market Data, 5%
  • Comparable Properties, 4%

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