Real estate economist, valuation and analysis salary

Real Estate Economist, Valuation and Analysis: Job Description and Salary

As a real estate economist specializing in valuation and analysis, you often work on assessing the value of properties and property portfolios. This can include everything from commercial properties to private residences. The tasks often involve market analysis, financial calculations, and risk assessments. These professionals play a crucial role in the real estate industry by providing critical insights and recommendations that impact investments and property strategies.

Salary Statistics for Real Estate Economist, Valuation and Analysis

The average salary for a real estate economist in valuation and analysis is 53 200 SEK per month. However, there is a clear salary difference between men and women in the profession. Men earn an average of 58600 SEK per month, while women earn 49 900 SEK per month. This means that women earn approximately 86% of what men do in the same profession.

Change in Average Salary

The average salary has increased from 52 700 SEK to 53 200 SEK since the last survey, indicating a positive salary development in the field. This may be a sign of increased demand for qualified real estate economists and a general upturn in the property market.

Education and Qualifications

To work as a real estate economist in valuation and analysis, a higher education in economics, real estate science, or a similar field is usually required. Many employers prefer candidates with a bachelor's degree, but a master's degree can provide a competitive advantage. Additional certifications and courses in property valuation and analysis can also be advantageous.

Skills and Competencies

The profession requires strong analytical skills, good knowledge of financial analysis, and a deep understanding of the property market. Communication and negotiation skills are also important, as real estate economists often collaborate with various stakeholders and clients. Technical knowledge of different valuation methods and tools is also necessary.

Job Requirements

The demand for real estate economists in valuation and analysis is high, especially in major cities and growing regions where the property market is active. Experience from internships, trainee programs, or previous work in the real estate industry can be a strong asset when job hunting. Networking and membership in industry organizations can also increase the chances of finding employment.

Benefits and Working Conditions

Benefits may vary depending on the employer, but it is not uncommon for real estate economists to be offered benefits such as paid training and courses, which can contribute to continuous professional development. Other benefits may include a company car, a paid mobile phone, and sometimes performance-based bonuses.

Considerations for Becoming a Real Estate Economist

If you are considering a career as a real estate economist in valuation and analysis, it is important to be prepared to constantly update your knowledge of market trends and legislation. The industry is dynamic and requires flexibility and adaptability. Staying updated through industry literature, seminars, and networking can be crucial for success in the profession.