Appraisers and assessors of real estate provide an estimate of the value of land and the buildings on the land usually before it is sold, mortgaged, taxed, insured, or developed.
Although appraisers and assessors of real estate work in offices, they often spend a large part of their day visiting properties. Most work full time during regular business hours.
Most appraisers and assessors must be licensed or certified, but requirements vary widely. To obtain a certification, appraisers of residential or commercial property usually must have at least a bachelor's degree. For assessors, most states set education and experience requirements that they must meet in order to practice.
The median annual wage for appraisers and assessors of real estate was $51,860 in May 2015.
Employment of appraisers and assessors of real estate is projected to grow 8 percent from 2014 to 2024, about as fast as the average for all occupations. Employment opportunities should be best in areas with active real estate markets. Workers should expect strong competition for jobs.
Explore resources for employment and wages by state and area for appraisers and assessors of real estate.
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Learn more about appraisers and assessors of real estate by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.