5 Real Estate Appraisal Service Success Stories [2024]

Pat Walls

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Updated: July 24th, 2023

Start A Real Estate Appraisal Service

Starting a real estate appraisal service is a great way to get involved in the industry without having to buy or sell property. As a real estate appraiser, you'll be responsible for estimating the value of properties. This can involve anything from single-family homes to commercial buildings.

To be successful, you'll need to have a strong understanding of the real estate market and the factors that affect property values. You'll also need to be licensed in your state. But, if you're up for the challenge, starting a real estate appraisal business can be a great way to make money in the industry.

Licensed appraisers can make between $40,000 and 100K. They can work for an appraisal management company (AMC), lending institution or government agency. Salary starts at about 40k with top end reaching up to 120 K depending on experience.

Starting a real estate appraisal business offers a niche opportunity that can be very profitable. Appraisers can often work from home, making it a great option for those who want the flexibility of being their own boss.

With the increase in transactions, there is a need for appraisers to accurately value properties. If you have the skills and experience, starting your own appraisal business can be a great way to make money in the real estate industry.

It 's important to note that, while there is a demand for appraisers, the industry is highly regulated. You'll need to be licensed and have the proper credentials to operate your business.

Here are some real life success stories of starting a real estate appraisal service:

Learn more about starting a real estate appraisal service:

Where to start?

-> How much does it cost to start a real estate appraisal service?
-> Pros and cons of a real estate appraisal service

Need inspiration?

-> Examples of established real estate appraisal service
-> Marketing ideas for a real estate appraisal service

Other resources

Part of

Starting A Real Estate Appraisal Service: Everything You Need To Know

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3. Phoenix Auctions

Consignment Auction house services in Phoenix. Autos, firearms, jewelry, household, fine art, restaurant equipment, collectibles, light & heavy machinery.

Where they're located: Phoenix, Arizona, USA

4. AI Home

The Appraisal Institute is the nation’s largest professional association of real estate appraisers, offering MAI, SRA, AI-GRS, and AA-RRS designations

Website traffic: 110K/month

5. Solidifi

Solidifi provides residential real estate appraisal, title and settlement services to 60+ of the nation’s top 100 lenders

Where they're located: Jacksonville, Florida, USA
Website traffic: 490K/month