Master Residential Appraisals with This Insider's Guide Today
Career Opportunities and Earnings
The demand for skilled residential appraisers is on the rise, driven by the dynamic real estate market. According to the Bureau of Labor Statistics, the median annual wage for appraisers and assessors of real estate was $58,650 in 20201. Experienced appraisers can earn significantly more, especially those specializing in high-value properties.
Benefits of Becoming a Residential Appraiser
Becoming a residential appraiser offers numerous benefits, including flexibility, independence, and the opportunity to work in various sectors such as banking, real estate, and government agencies. The profession also allows for a work-life balance that many find appealing, with the potential for self-employment being particularly attractive.