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Staff appraiser vs home appraiser

The differences between staff appraisers and home 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 home appraiser. Additionally, a staff appraiser has an average salary of $43,583, which is higher than the $42,496 average annual salary of a home appraiser.

The top three skills for a staff appraiser include customer service, USPAP and residential real estate. The most important skills for a home appraiser are sketch, fair market value, and .

Staff appraiser vs home appraiser overview

Staff AppraiserHome Appraiser
Yearly salary$43,583$42,496
Hourly rate$20.95$20.43
Growth rate7%7%
Number of jobs69,22839,904
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 55%
Average age4949
Years of experience44

Staff appraiser vs home appraiser salary

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

Staff AppraiserHome Appraiser
Average salary$43,583$42,496
Salary rangeBetween $30,000 And $63,000Between $27,000 And $66,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between staff appraiser and home appraiser education

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

Staff AppraiserHome Appraiser
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff appraiser vs home appraiser demographics

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

Staff AppraiserHome Appraiser
Average age4949
Gender ratioMale, 75.9% Female, 24.1%Male, 73.1% Female, 26.9%
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, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.2% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between staff appraiser and home 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.
  • Show more

Home appraiser example responsibilities.

  • Create sketch of home using various software programs.
  • Provide detailed written reviews of residential properties ensuring USPAP guidelines, federal regulatory requirements and lender appraisal guidelines are met.
  • Gain familiarity with FNMA, underwriting, and regulatoryguidelines.

Staff appraiser vs home appraiser skills

Common staff appraiser skills
  • Customer Service, 26%
  • USPAP, 11%
  • Residential Real Estate, 9%
  • FHA, 8%
  • Appraisal Software, 6%
  • Appraisal Assignments, 6%
Common home appraiser skills
  • Sketch, 55%
  • Fair Market Value, 45%

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