What does real estate appraisal or real estate brokers do?

Question

i know appraisal is when you find out how much your house is worth..but how much do they make?what are there working conditions?....

Answer 1

1. apraiser kum out & look at home, get the size, find "komparabel homes" tu kompare it tu & then tell yu wot the hous will sell for.

2. Broker=a sorta ajent hu tri tu put a deel tugether so yu kan bi a hous.

Him liv on the kikbaks him get from the banker (the lender).

Answer 2

How they operate may depend on your states definition. I am an appraiser in Minneapolis. I own my own business. My clients vary from local lenders to lenders from other states and misc divorce appraisals, pre-list appraisals etc.  My job is to research sales in a particular area around the subject, to inspect the subject to make sure it is in good condition and compare sales of similar homes to the subject and arrive at an estimate of value.  I generally get paid at the door, and my income varies from year to year.

I'm also a Realtor, although I don't prospect as hard as before.  The industry has seen such wide sweeping changes that the business isn't fun anymore.  My husband is also a Realtor, so I pretty much refer everything to him.  Our income has experience a significant decline in the past 3 years.  We're barely making ends meet.

So while both are viable careers, right now might not be the best time to get into the business.  

Answer 3

A broker puts up a For Sale sign and sells a house or drives you around and helps you buy a house with a For Sale sign.  Pays $20,000 a year until you get good.

An appraiser tells the bank if the house would be suitable for the bank to do a loan.  No one else from the bank actually visits the house.  They make $40,000 a year but have a long learning period.

Both jobs are fun. /

Answer 4

appraisers; res or commercial; earn from $100 to more

per appraisal.

ALL RE sales people work UNDER a RE broker, so, RE brokers

supervise from 1 to 10,000 sales people

[in their remote offices, they have associate brokers

supervise.