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Staff appraiser vs licensed appraiser

The differences between staff appraisers and licensed 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 licensed appraiser. Additionally, a licensed appraiser has an average salary of $43,844, 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 licensed appraiser are real estate appraisals, market data, and property inspections.

Staff appraiser vs licensed appraiser overview

Staff AppraiserLicensed Appraiser
Yearly salary$43,583$43,844
Hourly rate$20.95$21.08
Growth rate7%7%
Number of jobs69,22810,887
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 56%
Average age4949
Years of experience44

Staff appraiser vs licensed appraiser salary

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

Staff AppraiserLicensed Appraiser
Average salary$43,583$43,844
Salary rangeBetween $30,000 And $63,000Between $28,000 And $67,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between staff appraiser and licensed appraiser education

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

Staff AppraiserLicensed Appraiser
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff appraiser vs licensed appraiser demographics

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

Staff AppraiserLicensed Appraiser
Average age4949
Gender ratioMale, 75.9% Female, 24.1%Male, 59.9% Female, 40.1%
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, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.4% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between staff appraiser and licensed 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

Licensed appraiser example responsibilities.

  • Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
  • Provide mobile loan signing services for professional agencies/title companies/mortgage lenders; train prospective notaries public on proper signing procedure/details/etiquette.
  • Recommend disciplinary action to HUD, various government agencies, the Connecticut court system, and other clients.
  • Perform and/or oversee performance of appraisals of HUD foreclose properties throughout Virginia.

Staff appraiser vs licensed appraiser skills

Common staff appraiser skills
  • Customer Service, 26%
  • USPAP, 11%
  • Residential Real Estate, 9%
  • FHA, 8%
  • Appraisal Software, 6%
  • Appraisal Assignments, 6%
Common licensed appraiser skills
  • Real Estate Appraisals, 17%
  • Market Data, 8%
  • Property Inspections, 8%
  • Residential Appraisals, 7%
  • Comp, 6%
  • FHA, 6%

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