Is Commercial Real Estate Appraiser a Good Career?

The commercial appraisal profession needs more workers! For those considering this career, here are a few thoughts.

Becoming a commercial real estate appraiser can be a rewarding career. In particular, individuals who are interested in the real estate industry, have a strong attention to detail, and analytical skills. Some potential benefits of a career as a commercial real estate appraiser include:

• Job security: The demand for commercial real estate appraisers is likely to remain steady. There will always be a need for accurate property valuations.
• Flexibility: Commercial real estate appraisers may have the opportunity to work independently or for a firm. Therefore, they have a degree of flexibility in terms of work schedule and location.
• Opportunity to learn: Appraisers have the opportunity to continually learn about different types of commercial properties and markets. Appraisers find it can be interesting and enriching.
• Good pay: Commercial real estate appraisers can earn a good salary. The median annual wage for appraisers and assessors of real estate in the United States as of May 202 is $62,450.