Real estate economist, valuation and analysis salary

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

Working as a Real Estate Economist focusing on valuation and analysis entails playing a crucial role in the real estate industry. In this position, one handles property valuations and financial analyses to assist companies and individuals in making well-informed decisions regarding property investments and sales. It is a role that requires analytical skills and a deep understanding of both the real estate market and economic principles.

Salary for a Real Estate Economist, Valuation and Analysis

The average salary for a Real Estate Economist specializing in valuation and analysis is 53 200 kronor per month. However, there is a gender pay gap where men earn an average of 58 100 kronor while women earn 49 900 kronor, meaning women earn 86% of what men do in this profession.

For those working on an hourly basis, the average hourly wage is 320 kronor, based on 166 working hours per month. Over the past year, the average salary has slightly increased from 52 700 to 53 200 kronor.

Salary Disparities within the Profession

There are significant variations in salary based on experience and educational background. The highest salary for a man in this role is 61800 kronor, while the highest salary for a woman is 53100 kronor. At the same time, the lowest salary is 43000 kronor for women and 43500 kronor for men. These salaries belong to privately employed professionals where men have a post-secondary education of three years or more, while women have a high school education.

Education and Requirements to Become a Real Estate Economist

To be successful as a Real Estate Economist focusing on valuation and analysis, a solid educational background in economics and real estate is required. A common path is to study business economics at a college or university, where courses in property valuation, economics, and law may be included.

Working Conditions and Future Outlook

Working conditions for a Real Estate Economist can vary depending on the employer and workplace. Many in the profession experience flexibility, where remote work may be possible depending on the employer's policy. Benefits such as paid education and access to technical devices like mobile phones may also be provided.

Forecasts from the Swedish Public Employment Service indicate that the job opportunities for Real Estate Economists are moderate, with an expectation of unchanged demand over the next five years. The recruitment situation is assessed to be balanced, meaning there is an even distribution between the supply of labor and the demand for skills.

Job Responsibilities and Challenges

As a Real Estate Economist focusing on valuation and analysis, one will often work on conducting detailed analyses of the real estate market, developing financial reports, and providing advice on property investments. This requires the ability to interpret statistics and market data and present them in an understandable manner to clients and decision-makers.

Challenges within the profession may include managing varying market conditions and staying updated on changes in legislation and economic regulations. This necessitates continuous skills development and an ability to adapt to new circumstances.

Summary

The profession of Real Estate Economist specializing in valuation and analysis offers a dynamic and challenging career path within the real estate sector. With an average salary of 53 200 kronor and opportunities for career advancement, this profession is attractive to those with a strong background in economics and an interest in real estate. The future prospects are stable, and with the right education and experience, there are good opportunities to build a successful career in this field.