Certified General Appraisers Pay Range

[Bob Ipock]

https://www.payscale.com/research/U...ertified_General_Real_Estate_Appraiser/Salary

 

[Restrain]

This appears to be corporate jobs, not fee work. As a CG in corporate, I made significantly more than the salary shown, and the benefits were a good 30% over the base salary. But that was with many years experience. With fee work, though, after expenses....

 

[Michigander]

Not a CG, but it seems light for what I would expect one would make. Don't know though, not something you normally ask people.

 

[PL1957]

Whenever I look at surveys like this, I look for things that I know and compare the survey to my personal knowledge. It gives me an indication as to how reliable the results are. I laughed out loud when I saw that IRR appraisers make more than twice as much as CBRE appraisers ...

 

[Michigan CG]

I laughed out loud when I saw that IRR appraisers make more than twice as much as CBRE appraisers ...

It is on the internet, has to be true!

 

[Michigan CG]

but it seems light for what I would expect one would make.

Seems light to me too.

 

[Deleted member 152047]

I'd say, on average, its probably right. I typically pencil in a Cert Gen at $200k in billings and a 40%-45% split.

 

[Joe Flacco]

That's about what I hear from my buddy who left with his mentor to CBRE after their IRR office got bought out. $200-$250 in billings and 40%-50% split.

 

[RCA]

I just noticed one of the top producers at CBRE in northern California (award winning 10 years ago), finally let his license expire and is now a "Site Manager" at a large software company in the SF Bay Area. I remember a VP at CBRE back then trying to convince me that this particular appraiser had actually earned $700K in one year. What BS! I would say maybe $700K in billings with a couple of very good trainees and very long hours was more like it. And he must of had the right connections to get the most profitable jobs. Apparently it didn't last forever. And the Appraisal Institute's latest salary stats? If you can get yourself positioned in the right spot at Valbridge or CBRE, i.e. able to get the profitable assignments channeled to you, get good analysts and trainees under you, then $150K- $200K is possible with 60+ hours /week. But, there are plenty of 40 hour week jobs around the Silicon Valley that pay $150K plus good benefits - and you don't have to deal with the liability and license issues.

 

[JTip]

But, there are plenty of 40 hour week jobs around the Silicon Valley that pay $150K plus good benefits - and you don't have to deal with the liability and license issues.

$150k in Silicon Valley = living in a cardboard box

-----
$56-85k annual at the state level for a CG, and includes the obvious benefits absent to independent fee work.

then $150K- $200K is possible with 60+ hours /week.

37.5 hours a week for a state position, which in my opinion, qualifies as part time hours.

I've seen similar federal positions offering another 15%-20% on the salary with slightly superior benefits.