Nobody likes to get ripped off!meme - man gets money, man gets money 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?

suburban home with nice green yard

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

searching sherlock holmes GIF by Boomerang Official

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)

Take the Holland Career Code Test and find out if you're a match. According to the test, residential appraisers are:

  • Building/Realistic (R)

  • Persuading/Enterprising (E)

  • Organizing/Conventional (C)

What Am I Worth As A Residential Appraiser?

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Average Salary: C$ 72,000

Approx. C$ 35.71/hr

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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.

Take Action

Riannah you ready memeSo, you think you're ready to evaluate homes. Next, you should:

License:

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This Byte has been authored by

DG

Donald Glass

ESL Instructor/Learning Designer/EdTechie