Business & Finance
Appraisers and Assessors of Real Estate
Also called: Appraiser, Assessor, Certified Real Estate Appraiser, Certified Residential Appraiser
US median pay
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not published
Job growth 2025–35
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Openings a year (US)
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Typical entry education
Bachelor's degree
Preparation 4/5 · Considerable preparation
What this job is
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
What they do day to day
- Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Search public records for transactions such as sales, leases, and assessments.
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- Maintain familiarity with aspects of local real estate markets.
- Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
- Collect and analyze relevant data to identify real estate market trends.
- Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
- Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
Skills and knowledge that matter most
Skills
- Complex Problem Solving3.1/5
- Judgment and Decision Making3.0/5
- Coordination2.9/5
- Time Management2.8/5
- Social Perceptiveness2.8/5
- Service Orientation2.8/5
- Persuasion2.8/5
- Negotiation2.6/5
Knowledge
- English Language4.0/5
- Mathematics3.8/5
- Building and Construction3.8/5
- Customer and Personal Service3.5/5
- Economics and Accounting3.5/5
- Computers and Electronics3.5/5
Importance rated by people working in the job (1 = not important, 5 = extremely important).
Education and preparation
Preparation level 4 of 5 — Considerable preparation. Usually a bachelor's degree and several years of related experience.
Highest education of people in this job:
- Bachelor's degree55%
- Associate's degree27%
Who this job suits
Mostly Conventional
Organising data, details and procedures
Enterprising
Leading, persuading and starting things
Based on the Holland (RIASEC) interest profile for this occupation.