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Real Estate Appraiser

Academic programs / Undergraduate degrees / Career opportunities / Real Estate Appraiser

Real Estate Appraiser

Explore employment trends, required job duties and skills for this career. ASU offers a variety of degrees that can help you prepare for and meet your career goals. Visit ASU's Career and Professional Development Services to learn how to develop your career plan.

Potential job titles in this career
Appraiser, Assessor, Certified Real Estate Appraiser, Commercial Appraiser, County Assessor, Field Appraiser, Real Estate Appraiser, Real Property Appraiser, Tax Assessor, Valuation Consultant

* Additional schooling, certification, or degrees maybe be required for some of the potential careers that are listed.
What will I do?
  • 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.
  • Inspect new construction and major improvements to existing structures to determine values.
  • Collect and analyze relevant data to identify real estate market trends.
  • Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.
  • Explain assessed values to property owners and defend appealed assessments at public hearings.
  • Identify the ownership of each piece of taxable property.
  • Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
  • Complete and maintain assessment rolls that show the assessed values and status of all property in a municipality.
  • Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
  • In this career, it is important to know
    English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

    Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

    Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

    Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

    Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

    Administrative - Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.

    Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.

    Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

    Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

    Geography - Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
    It's useful to be good at
    Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.

    Written Comprehension - The ability to read and understand information and ideas presented in writing.

    Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

    Near Vision - The ability to see details at close range (within a few feet of the observer).

    Oral Expression - The ability to communicate information and ideas in speaking so others will understand.

    Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

    Written Expression - The ability to communicate information and ideas in writing so others will understand.

    Category Flexibility - The ability to generate or use different sets of rules for combining or grouping things in different ways.

    Speech Clarity - The ability to speak clearly so others can understand you.

    Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
    Employment trends
    Location Pay period 2022
    10% 25% Median% 75% 90%
    United States Hourly $17.16 $22.37 $29.60 $39.88 $56.54
    Yearly $35,700 $46,530 $61,560 $82,950 $117,600
    Arizona Hourly $16.04 $19.22 $24.32 $30.88 $48.60
    Yearly $33,360 $39,970 $50,590 $64,240 $101,090
    2022 Median%
    United States $29.60 Hourly $61,560 Yearly
    Arizona $24.32 Hourly $50,590 Yearly

    Employment (2022)
    77,600 employees
    Projected growth (2022 - 2032)
    Average (4% to 7%)
    Projected job openings (2022 - 2032)
    6,900
    * Data obtained from the Occupational Information Network (O*NET) under sponsorship of the U.S. Department of Labor/Employment and Training Administration (USDOL/ETA).
    What are accelerated programs?
    Accelerated programs allow students the opportunity to expedite the completion of their degree.

    3 year programs

    These programs allow students to fast-track their studies after admission and earn a bachelor's degree in three years or fewer while participating in the same high-quality educational experience of a 4-year option. Students should talk to their academic advisor to get started.

    Accelerated master's

    These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).

    Each program has requirements students must meet to be eligible for consideration. Acceptance to the graduate program requires a separate application. Students typically receive approval to pursue the accelerated master’s during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and how to apply.
    What are concurrent programs?
    Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.
    What are joint programs?
    Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.

    What constitutes a new program?
    ASU adds new programs to Degree Search frequently. Come back often and look for the “New Programs” option.
    What are online programs?
    ASU Online offers programs in an entirely online format with multiple enrollment sessions throughout the year. See https://asuonline.asu.edu/ for more information.
    What is the Western Undergraduate Exchange (WUE)?
    The Western Undergraduate Exchange (WUE) is a program in which residents of western states (other than Arizona) may be eligible for reduced nonresident tuition. See more information and eligibility requirements on the Western Undergraduate Exchange (WUE) program.

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