How to Become a Real Estate Assessor

Assessment is an essential part of the real estate field that deals with establishing an official value of a property for tax purposes. Real estate assessors are trained professionals that perform a variety of tasks to estimate the value of properties for the assessment of property taxes.

What does a real estate assessor do?

Real estate assessors typically work for local and county governments to perform assessment tasks on a variety of properties. They research a wide variety of real estate data, collect demographic information, visit residences and neighborhoods, perform inspections of residences, gather tax data, and prepare detailed reports. They also issue assessment notices to homeowners and other professionals. Real estate assessors often determine the value for whole neighborhoods with the assistance of mass appraisal methods and computer-assisted systems.

What kind of training does a need?

Real estate assessors typically need at least a bachelor degree in real estate or related field. Prospective real estate assessors typically complete courses in real estate assessment, real estate law, mathematics, building engineering, and property tax procedures. Many aspiring real estate assessors complete internships while pursuing their education to gain practical experience in the field. Some employers provide on the job training to enable new assessors to work with experienced professionals to gain the necessary skills and experience. Many states require real estate assessors to be licensed. Licensing requirements vary, but typically include minimum education and experience and passing a written examination. Real estate assessors must usually complete regular continuing education to maintain their licenses, keep their skills up to date, and stay abreast with advancements in the field.

What are the prospects for a career as a real estate assessor?

Employment of real estate assessor is expected to grow more slowly than average for all professions, increasing 5% from 2008 to 2018 (1).

Job prospects are expected to be good especially for real estate assessors working in active real estate markets. Many job openings will arise from the need to replace real estate assessors that retire, transfer, or leave the profession for other reasons.

How much do real estate assessors make?

As of January 2010, real estate assessors with 1 to 4 years experience earn average annual salaries between $24,600 and $50,163. Those with 5 to 9 years experience earn average annual salaries between $33,000 and $69,000 (2).

A career as a real estate assessor is an excellent choice for individuals with a strong interest in performing assessments on a wide variety of properties. Real estate assessors must have a solid understanding of real estate and how to perform assessments for taxation purposes. Detail orientation, good analytical skills, strong mathematical skills, and good problem solving skills are essential characteristics. Real estate assessors must have excellent communication and interpersonal skills because they work with a variety of clients and other professionals. They must also be able to effectively work independently as well as part of a team.

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