How much does an Appraiser IV (Commercial Real Estate) make in New York? The average Appraiser IV (Commercial Real Estate) salary in New York is $122,956 as of June 27, 2024, but the range typically falls between $105,526 and $142,730. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Appraiser IV (Commercial Real Estate) Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Appraiser IV (Commercial Real Estate) Salary $89,657 NY June 27, 2024
25th Percentile Appraiser IV (Commercial Real Estate) Salary $105,526 NY June 27, 2024
50th Percentile Appraiser IV (Commercial Real Estate) Salary $122,956 NY June 27, 2024
75th Percentile Appraiser IV (Commercial Real Estate) Salary $142,730 NY June 27, 2024
90th Percentile Appraiser IV (Commercial Real Estate) Salary $160,732 NY June 27, 2024
25% $105,526 10% $89,657 90% $160,732 75% $142,730 $122,956 50%(Median) Didn’t find job title? Click
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What skills does an Appraiser IV (Commercial Real Estate) need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Technical Support: Offering hands-on assistance and solutions to end-users in addressing and troubleshooting technical issues.

3.

Real Estate Appraisal: Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value, for real property (usually market value). Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a centralized Walrasian auction like a stock exchange is unrealistic). The location also plays a key role in valuation. However, since property cannot change location, it is often the upgrades or improvements to the home that can change its value. Appraisal reports form the basis for mortgage loans, settling estates and divorces, taxation, and so on. Sometimes an appraisal report is used to establish a sale price for a property. Besides the mandatory educational grade, which can vary from Finance to Construction Technology, most, but not all, countries require appraisers to have the license for the practice. Usually, the real estate appraiser has the opportunity to reach 3 levels of certification: Appraisal Trainee, Licensed Appraiser and Certified Appraiser. The second and third levels of license require no less than 2000 experience hours in 12 months and 2500 experience hours in no less than 24 months respectively. Appraisers are often known as "property valuers" or "land valuers"; in British English they are "valuation surveyors". If the appraiser's opinion is based on market value, then it must also be based on the highest and best use of the real property. In the United States, mortgage valuations of improved residential properties are generally reported on a standardized form like the Uniform Residential Appraisal Report. Appraisals of more commercial properties (e.g., income-producing, raw land) are often reported in narrative format and completed by a Certified General Appraiser.

Customer Service 6.04%
Technical Support 3.3%
Real Estate Appraisal 1.98%
Others 88.68%
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Job Description for Appraiser IV (Commercial Real Estate)

Appraiser IV (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 IV (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 IV (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 IV (Commercial Real Estate) work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Appraiser IV (Commercial Real Estate) typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Appraiser IV (Commercial Real Estate) in New York
  • Overview. This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens He...
    - 1 Day Ago
  • Hybrid remote/in-office flexibility. Bonus opportunity. This Jobot Consulting Job is hosted by: Arpana Davis. Are you a fit. Easy Apply now by clicking the...
    - 3 Days Ago
  • This Jobot Job is hosted by: Arpana Davis. Are you a fit. Easy Apply now by clicking the "Apply" button. and sending us your resume. Salary: $120,000 - $20...
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  • top, boutique full-service law firm focused on hospitality seeks a Commercial Real Estate Chair to join their dynamic team and lead the group -- can be ful...
    - 11 Days Ago
  • Our New York office is seeking a. Commercial Real Estate Debt Broker. to join our team. We are a leading boutique commercial real estate brokerage firm wit...
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Select a city to view specific salary and bonus information for Appraiser IV (Commercial Real Estate)

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Location Avg. Salary Date Updated
Location Brentwood, NY Avg. Salary $126,301 Date Updated June 27, 2024
Location Clay, NY Avg. Salary $114,651 Date Updated June 27, 2024
Location Henrietta, NY Avg. Salary $113,498 Date Updated June 27, 2024
Location Huntington, NY Avg. Salary $131,491 Date Updated June 27, 2024
Location Levittown, NY Avg. Salary $126,532 Date Updated June 27, 2024
Location Nassau, NY Avg. Salary $126,532 Date Updated June 27, 2024
Location New Suffolk, NY Avg. Salary $124,802 Date Updated June 27, 2024
Location Accord, NY Avg. Salary $123,187 Date Updated June 27, 2024
Location Acra, NY Avg. Salary $117,189 Date Updated June 27, 2024
Location Adams, NY Avg. Salary $114,075 Date Updated June 27, 2024

Career Path for Appraiser IV (Commercial Real Estate)

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Appraiser IV (Commercial Real Estate), the upper level is Appraisal Manager and then progresses to Appraisal Senior Manager.

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Appraiser IV (Commercial Real Estate) Salary in New York
Appraiser IV (Commercial Real Estate) Salary Graph, Regional Distribution and Summary