1. Experience level
How long have you been in business? Are you new to the industry or a 25-year industry veteran?
2. Your business location.
How much do appraisers make in your area? Do you live in a major city, like Los Angeles or Chicago, where the cost of living is well above the national average? Appraisals are typically priced higher in these areas.
We've collected cost data from real estate appraisers across the country. Enter your zip code here
to see how much appraisers in your area are charging for their services.
3. Appraisal services that you offer
What type of appraisals do you usually perform? Residential appraisers may not make as much as commercial real estate appraisers. If you specialize in a certain field (such as farm land appraisals), you may be able to charge a premium for your services.
4. Company size
How many employees do you have on the payroll? Do you need a large office or do you work out of your home?
5. Your marketing budget
Are you actively working to grow your business? Are you willing to spend 5-10% of your gross revenue on marketing?
RELATED: Typical Appraisal Business Marketing Budget