Appraisers and Assessors of Real Estate
Also called: Appraisal Manager, Appraisal Reviewer, Appraisal Specialist, Appraiser, Assessor, Bank Appraiser, Certified Real Estate Appraiser, Certified Residential Appraiser
Appraise real estate, exclusively, and estimate its fair value.
What appraisers and assessors of real estate do
Typical tasks
- 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.
- Inspect new construction and major improvements to existing structures to determine values.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
Appraisers and Assessors of Real Estate salary
No pay statistics are available for this occupation yet.
Projected pay for Appraisers and Assessors of Real Estate (3, 5 and 10 years)est.
No projection yet because pay statistics are missing.
Projected pay = current pay × (1 + annual growth)^years. The annual growth rate starts from a base wage-growth rate and adds or subtracts labor demand (BLS projected employment growth), wage momentum and AI replacement risk for each occupation. Projections are not guarantees. How it is calculated →
Outlook score for Appraisers and Assessors of Real Estate
Each component is a percentile rank among all occupations in the same country (0–100). Weights: labor demand 25, wage momentum / openings 15, pay level 15, AI resistance 25, aging workforce 10 (Japan only), entry barrier 10.
Will AI replace Appraisers and Assessors of Real Estate? AI replacement risk
How AI is changing this job
A written analysis for this occupation is being prepared.
AI replacement risk compares the parts of a job that are easy to hand to AI or software (processing information, documentation, repetitive computer work) with the parts that are hard to automate (physical work, working closely with people, judgment in unpredictable settings), using O*NET work activities, work context, skills and knowledge. The result is a relative position among all occupations in the country, scaled to 0–100%. Methodology →
Labor demand for Appraisers and Assessors of Real Estate
Employment projections are from the BLS Employment Projections program (10-year). Annual openings include both new jobs and replacement of workers who leave the occupation.
The same job in Japan
| Appraisers and Assessors of Real Estate United States | 不動産鑑定士 Japan | |
|---|---|---|
| Median / average pay | — | ¥5.83M ≈ $37,094 |
| Pay in 10 years (est.) | — | ¥7.22M |
| Outlook score | 37 | 53 |
| AI replacement risk | 74% High | 67% High |
| Workers | — | — |
Matched by occupation (SOC code). Yen converted at 157.25 JPY/USD for reference; Japanese figures are averages, U.S. figures are medians, and the surveys define occupations differently.
Skills, education and requirements for Appraisers and Assessors of Real Estate
Key skills
O*NET skill level ratings (0–7).
Key knowledge areas
What the work involves
Important abilities
Education of workers
Training before entry
Related work experience
Job Zone 4 — considerable preparation needed (O*NET)
Difficulty of entry: ★★★☆☆ Moderate (from education, training, experience and Job Zone)
How to become appraisers and assessors of real estate
A step-by-step guide for this occupation is being prepared. The education, training and experience data above show the typical path.
Career path and how to earn more as appraisers and assessors of real estate
Career-path guidance is being prepared.