Nobody likes to get ripped off!
Did you ever lose a lot of money on a deal? Was it a lot of money?
What if that deal was over a house?
Who decides how much a house is worth?
A residential appraiser, that's who!
What Do They Do (And Where Do They Do It)?
Their main job is to decide the value of a property. How?
Inspect properties new and old
Photograph inside and outside
Measure and calculate property size
Compare nearby properties
Write written reports and valuations
Work in an office and in the field
What Skills Are Valued In Residential Appraisal?
You might be a good choice if you:
🧐 like to analyze things and solve problems
📅 are highly organized and can manage time well
🤲 have some customer service skills
📐 have some math skills (high school algebra should be enough)
What Am I Worth As A Residential Appraiser?
Average Salary: C$ 72,000
Approx. C$ 35.71/hr
Average Salary: US$ 58,650/yr
Approx. US$ 28.20/hr
Pay increases with more education, expertise, and experience. Some appraisers also make bonuses and commissions that can greatly increase yearly income.
So, you think you're ready to evaluate homes. Next, you should: