Property valuer, authorized

What does a licensed real estate appraiser do? – Tasks and work environment

A licensed real estate appraiser works with analyzing, assessing, and determining the value of various types of properties – from commercial spaces to residential homes and specialized properties. The role involves collecting and interpreting market data, conducting site visits, evaluating building condition, and analyzing legal and economic conditions. The work is often carried out in close cooperation with banks, property owners, investors, and authorities, requiring high accuracy and integrity. The work environment is mainly office-based, but fieldwork and client meetings are natural parts of daily tasks.

Salary development over time

The salary development for licensed real estate appraisers has been positive in recent years. In 2022, the average salary was 52,700 SEK per month, followed by an increase to 53 200 SEK in 2023. The latest data from 2024 shows a further rise to 56 900 SEK, representing approximately an 8% salary increase over the period. Drivers behind this trend include ongoing high demand for qualified valuation services within the real estate sector and increased market complexity, which demands higher education and experience. The salary increase can also be explained by the industry attracting more specialists and larger companies competing for talent, especially in metropolitan regions.

Licensed real estate appraiser salary – comprehensive overview

• Average salary: 56 900 SEK/month
• Lowest salary: 41,400 SEK/month (female, private employee, pre-secondary education)
• Highest salary: 66,000 SEK/month (male, private employee, 3-year secondary education)
• Hourly wage (average): 342 SEK
• Women earn: 53 300 SEK (86% of men's salary)
• Men earn: 61 800 SEK
• Regional differences: Salaries are generally higher in metropolitan areas, especially Stockholm, Gothenburg, and Malmö.

Education and qualifications

To work as a licensed real estate appraiser, a university degree in economics, real estate brokerage, or urban planning is typically required, often supplemented with specialized courses in property valuation. Certification is issued by professional organizations after documented experience and passing approved exams, which involve high demands on both theory and practice. Internship periods and mentorship are common steps toward certification.

• Formal education: University degree in economics, property economics, or urban planning (3–4.5 years)
• Certification: Completion of industry-approved training and at least two years of documented professional experience
• Courses/certifications: Specialized courses in property valuation, market analysis, and property law
• Internship: Trainee positions and internships during education are highly recommended
• Prerequisites: Basic eligibility for university studies and interest in economics and real estate

Common benefits and compensations

Benefits for licensed real estate appraisers often include pension schemes, wellness allowances, mobile phones, company cars or mileage allowances, and flexible working hours. Additional perks may include bonuses linked to assignments or performance, as well as support for further education and certifications. Larger companies may also offer advantageous insurance packages and staff activities.

Competition and challenges

The profession as a licensed real estate appraiser is competitive, especially in metropolitan areas where demand for qualified appraisers is high. At the same time, high standards for independence, ethics, and accuracy are required, as valuations often underpin significant financial decisions. Digitalization and automation are changing job tasks and necessitate continuous updating of knowledge regarding new valuation methods and market data. The job market is generally balanced, but specialization and experience can quickly increase competitiveness. Another challenge is staying up-to-date with legislative and regulatory changes and being able to communicate complex analyses clearly.

Tips for aspiring licensed real estate appraisers

To succeed as a licensed real estate appraiser, it is beneficial to develop strong analytical skills and attention to detail, as the work involves careful assessments of figures and legal documents. Being communicative is a significant advantage because the role often involves client contact and presenting complex reports. Curiosity and interest in societal development help in understanding market trends and new regulations. Flexibility and the ability to work independently are important traits when tasks vary between office work, fieldwork, and meetings. It is also wise to seek internships or trainee positions early in your career to build networks and gain insight into the industry. Continuing education and staying updated on digital tools strengthen competitiveness. Finally, integrity and objectivity are highly valued, as the profession often involves responsibility in sensitive transactions.

Key facts about licensed real estate appraisers

• Educational level: University degree (3–4.5 years) and certification
• Work environment: Office-based with elements of fieldwork
• Demand: Moderate, with a balanced job market
• Special skills: Property valuation, market analysis, and property law
• Typical employment: Private employee or consultant

Career paths and future prospects

After three to five years in the profession, opportunities open for more advanced assignments, such as senior appraiser, project manager for larger valuation projects, or advisor in property transactions. Some choose to specialize in areas like commercial properties, land valuation, or international deals. The prognosis from the Employment Service indicates moderate opportunities for employment and a balanced job market, meaning demand is expected to remain unchanged over the next five years. There are approximately 758 job openings nationwide, providing good prospects for both recent graduates and experienced professionals.

Common questions about licensed real estate appraisers

• What does a licensed real estate appraiser earn?
  - The average salary is 56 900 SEK per month, but there is significant variation depending on experience, region, and gender.
• What education is required to become a licensed real estate appraiser?
  - A university degree in economics, real estate brokerage, or urban planning, along with certification from a professional organization, is required.
• Is there a salary difference between men and women?
  - Yes, women earn on average 86% of what men do within the profession.
• What is the job market like for real estate appraisers?
  - The job market is considered balanced, with approximately 758 job openings nationwide within the profession.
• Who are the most common employers?
  - Larger real estate consulting firms, banks, valuation institutes, and sometimes government agencies.
• What are the biggest challenges in the profession?
  - Staying updated on laws, digital tools, and market trends, as well as working independently and objectively.
• Are there opportunities for further education and specialization?
  - Yes, further training in areas such as commercial valuation, land valuation, or international real estate transactions is common.