Real Estate Appraisers – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
OREP
Working RE Magazine
https://www.workingre.com/
Quarterly publication provides news and information for appraisers, agents, brokers, and other related professionals, with topics addressed in the appraiser section including fees, appraiser independence, errors and omissions insurance, liability, marketing, technology and software, training, and continuing education. Selected articles from current and prior issues of the magazine are available free online.
October Research, LLC
Resources available from this organization include:
Valuation Review
http://www.valuationreview.com/
Biweekly print newsletter features news and information for the residential appraisal profession, with special
reports including the "State of the Industry Report" which provides an independent look
at the current economic and regulatory landscape and the "Voice of the Appraiser" survey which provides
a comprehensive look into what is happening in the profession and what to prepare for in the future.
Voice of the Appraiser
http://www.valuationreview.com/
Annual survey provides an in-depth look at business practices in the residential appraisal profession, with
topics covered in the survey including typical appraisal fee, number of assignments per month, average turnaround
time, residential vs. commercial mix, valuation services provided, other services provided, and marketing
activities. Survey is available online as a free download with registration.
Appraisal Institute / Appraisal Foundation
Resources available from these organizations include:
Appraisal News Online / Residential Update
https://www.appraisalinstitute.org/ /
residential-update
E-newsletters feature news and updates for commercial and residential property appraisers, with topics covered
by these newsletters including market trends, commercial and residential properties, mortgage rates, financial
news, appraisal standards, and regulatory and legislative developments. Articles from current and archived
issues of the newsletters are searchable by topic and can be viewed free online.
Valuation Magazine
https://www.appraisalinstitute.org/
/ digital-editions
Quarterly trade publication features news and information for appraisers and other professionals, with topics
addressed in various issues of this publication including industry trends, residential appraising, commercial
appraising, valuation insights, business operations, marketing tools, insurance, technology updates
and reviews, and investor surveys. Digital editions of the magazine can be viewed
free online.
The Appraisal Profession / How to Become An Appraiser
https://www.appraisalinstitute.org/
/ https://www.appraisalfoundation.org/
Professional career guides provide an overview of the real property appraisal profession, with topics addressed
in these guides including the role of the appraiser, appraiser classifications (e.g., trainee, licensed
real property, certified residential real property, and certified general real property appraiser),
and minimum education, experience, and certification examination requirements for
state licensing.
BizMiner
Real Estate Appraisers Market Analysis
https://www.bizminer.com Search for "531320" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
For more industry research reports and other resources, see the following resource guide.
Financial Statements and Financial Ratios
Real Estate Appraisers
https://www.bizminer.com Search for "531320" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld
Real Estate Appraisal Services
(see links for individual reports)
Financial information section of this report provides an analysis of costs and profits as a percentage of revenue by income and expense category for companies that provide commercial and residential property appraisals and also provide other services such as consulting services, land use and rent studies, risk analysis, litigation consulting, and dispute resolution. Sample report is available online.
Compensation and Salary Surveys
U.S. Bureau of Labor Statistics
Real Estate Appraisers and Assessors
https://www.bls.gov/ooh/
Annual employment and wage survey provides hourly and annual wage data for personnel employed in this occupational category on a national, state, and metropolitan area basis, with categories for which wage data is reported by industry including industries with the highest levels of employment, industries with the highest concentration of employment, and top paying industries for this occupational category.
PayScale, Inc.
Real Estate Appraisal
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage rate data for selected job positions in this service sector, with job positions for which salary or hourly compensation data is provided including appraisal manager, certified general appraiser, commercial property appraiser, residential property appraiser, appraiser trainee, office manager, bookkeeper, and accounting/administrative assistant.
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