What does an Appraiser do?

Appraisers provide a value estimate for a property before it is sold, mortgaged, taxed, insured, or developed. They verify legal descriptions in public records and inspect new and existing properties, noting the characteristics. They photograph the interior and exterior of properties to analyze comparable or similar nearby properties for deeper insight into values. They prepare written reports and maintain current data on each real estate property.

Appraisers know characteristics of the property and its surrounding areas, including views or sound pollution, and consider the condition of a building, including its heating, foundation, roof, or renovations. They photograph the outside of a building and some interior features to document its condition. After visiting the property, appraisers run analysis relative to comparable home sales, including police records, location, previous appraisals, and income potential. Appraisers need a bachelor's degree and certification from the appraisal foundation.

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Average Years of Experience

0 - 1
25%
2 - 4
49%
5 - 7
14%
8+
12%

Common Skill Sets

CDL
Epdm
Excellent Communication
Microsoft Office Suite
Negotiation
Real Estate Analysis
Attention To Detail
Writing

Appraiser Seniority Levels

Business Valuation
30% made the transition
Valuation Associate
3% made the transition
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Appraiser Salaries

Average Base Pay

£32,192 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
£19K
Median: £32K
£53K
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Glassdoor Estimated Salary

Appraiser jobs

Appraiser Interviews