1. What is the average salary of an Appraiser I (Commercial Real Estate)?
The average annual salary of Appraiser I (Commercial Real Estate) is $56,809.
In case you are finding an easy salary calculator,
the average hourly pay of Appraiser I (Commercial Real Estate) is $27;
the average weekly pay of Appraiser I (Commercial Real Estate) is $1,092;
the average monthly pay of Appraiser I (Commercial Real Estate) is $4,734.
2. Where can an Appraiser I (Commercial Real Estate) earn the most?
An Appraiser I (Commercial Real Estate)'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an Appraiser I (Commercial Real Estate) earns the most in San Jose, CA, where the annual salary of an Appraiser I (Commercial Real Estate) is $71,296.
3. What is the highest pay for Appraiser I (Commercial Real Estate)?
The highest pay for Appraiser I (Commercial Real Estate) is $69,107.
4. What is the lowest pay for Appraiser I (Commercial Real Estate)?
The lowest pay for Appraiser I (Commercial Real Estate) is $34,822.
5. What are the responsibilities of Appraiser I (Commercial Real Estate)?
Appraiser I (Commercial Real Estate) conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Appraiser I (Commercial Real Estate) performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Appraiser I (Commercial Real Estate) uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Appraiser I (Commercial Real Estate) work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Appraiser I (Commercial Real Estate) typically requires 0-2 years of related experience.
