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Appraisal Careers
An appraiser develops opinions of value or opinions relating to value for many purposes.
Real property appraisal is an exciting and respected profession that is rapidly growing in demand! Real property appraisers play a vital role where an opinion of value for a particular property is at issue. Real property appraisers base their opinions on the conclusions reached during the objective analysis of market data.
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Appraisers enjoy a variety of field and in-office work
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Earnings potential is strongly determined by level of license or certification
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Appraisers can specialize in particular property types and specific appraisal disciplines
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Advancement within the occupation comes with experience and upgrading of credentials
Nearly every financial decision involving real property, from granting mortgages to deciding legal matters requires the opinion of a professional appraiser. Some examples of when an appraisal is needed include:
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Obtaining a mortgage
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Estates
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Financial Planning
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Divorces
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Tax Issues
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Asset valuation
Appraisal is a growing industry!
Look at the facts according to the US Department of Labor's national statistics:
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The mean (average) wage for real estate appraisers in 2007 was $52,260, with 10% of appraisers earning in excess of $87,910
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Employment is expected to grow faster than average, by 17 percent over the 2006-16 decade
- Most appraisers work full-time and more than 3 out of 10 were self-employed