Appraisers and Assessors of Real Estate

ManufacturingO*NET 13-2023.00United States

Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.

COMING SOON See related ASU learning
Median annual earnings
$68,507

50th percentile, United States

Projected change
−2.3%

2025 to 2035

Typical education
Bachelor's degree

54.5% of the workforce

Employment
74.66K jobs

Growing to 72.95K by 2035

Explore this career by location

Compare nationwide estimates with state or county job-market data.

Showing United States

Loading available locations…

Build the skills

ASU learning related to this career

These courses and certificates are connected through catalog career relationships and Lightcast skill tags.

Loading related ASU learning

The work

What appraisers and assessors of real estate do

Tasks reported for this occupation, ordered by how often they come up in the role.

  • 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.
  • Inspect new construction and major improvements to existing structures to determine values.
  • Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
  • Check building codes and zoning bylaws to determine any effects on the properties being appraised.
  • Verify legal descriptions of properties by comparing them to county records.
  • Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
  • Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
  • Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
  • Examine income records and operating costs of income properties.
  • Estimate building replacement costs, using building valuation manuals and professional cost estimators.
  • Draw land diagrams to be used in appraisal reports to support findings.
  • Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
  • Testify in court as to the value of a piece of real estate property.

Pay and outlook

What the job pays and where it is heading

Annual earnings range

Reported earnings by percentile, United States

10th percentile
$36,178
25th percentile
$48,907
50th percentile
$68,507
75th percentile
$98,501
90th percentile
$150,132

The gold marker shows the median. Half earn more than $68,507 and half earn less.

Employment outlook

2025 to 2035 projection

−2.3%projected to decline
202574,664 jobs
2035 projected72,954 jobs

1,710 fewer positions over the decade, before replacement hiring.

Preparation

Education levels

What people currently working in the career hold. These are not entry requirements.

Bachelor's degree
54.5%
Associate degree
27.3%
Some college
9.1%
High school diploma or less
4.6%
Certificate
4.6%

Skills

Skills employers ask for

Technical skills appearing most often in job postings for this occupation.

  • Real Estate
  • Construction
  • Real Property
  • Real Estate Appraisal
  • Appraisals
  • Property Inspection
  • Commercial Real Estate
  • Property Management
  • Project Management
  • Property Tax
  • Auditing
  • Accounting
  • Easement
  • Roofing
  • Office Equipment
  • Legal Hearings
  • Legal Land Description
  • Loans
  • Finance
  • Land Zoning

How the work gets done

Core competencies

Broad capabilities associated with strong performance in this occupation.

Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Speaking
Talking to others to convey information effectively.
Writing
Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Monitoring
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Coordination
Adjusting actions in relation to others' actions.
Active Learning
Understanding the implications of new information for both current and future problem-solving and decision-making.
Service Orientation
Actively looking for ways to help people.
Persuasion
Persuading others to change their minds or behavior.
Social Perceptiveness
Being aware of others' reactions and understanding why they react as they do.
Time Management
Managing one's own time and the time of others.
Negotiation
Bringing others together and trying to reconcile differences.
Mathematics
Using mathematics to solve problems.
Instructing
Teaching others how to do something.
Systems Analysis
Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation
Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Learning Strategies
Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.

In the market

Job titles and employers

Recent job postings in United States

Common job titles

  1. 01Right of Way Agents562 postings
  2. 02Appraisers406 postings
  3. 03Property Preservation Contractors283 postings
  4. 04Property Preservation Specialists221 postings
  5. 05Property Condition Assessors209 postings
  6. 06Property Appraisers172 postings
  7. 07Residential Property Managers157 postings
  8. 08Field Adjusters152 postings
  9. 09Residential Appraisers135 postings
  10. 10Real Estate Appraisers129 postings
  11. 11Property Inspectors126 postings
  12. 12Real Property Appraisers111 postings
  13. 13Commercial Appraisers105 postings
  14. 14Permit Technicians102 postings
  15. 15Assessors99 postings
  16. 16Commercial Review Appraisers91 postings
  17. 17Real Property Specialists90 postings
  18. 18Property Administrators83 postings
  19. 19Property Field Adjusters75 postings
  20. 20Building Envelope Consultants70 postings

Top employers

  1. 01SitusAMC156 postings
  2. 02Cis Group Of Companies146 postings
  3. 03Percheron126 postings
  4. 04CBRE122 postings
  5. 05Bureau Veritas100 postings
  6. 06Best Choice Roofing76 postings
  7. 07Sedgwick72 postings
  8. 08Hive Reo71 postings
  9. 09National Mortgage Field Services68 postings
  10. 10Honu Services63 postings
  11. 11Royal Bank of Canada52 postings
  12. 12Umb Financial Corporation52 postings
  13. 13Contract Land Staff48 postings
  14. 14Hitachi47 postings
  15. 15Cushman & Wakefield46 postings
  16. 16State of Washington44 postings
  17. 17JPMorgan Chase35 postings
  18. 18Coates Field Service31 postings
  19. 19American Homes 4 Rent30 postings
  20. 20Bowman Consulting Group30 postings

Keep looking