Real Estate Appraiser Trainee salary in Iceland

Average Yearly Salary of Real Estate Appraiser Trainee in Iceland is approximately 7,572,943 ISK (52,940 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Real Estate Appraiser Trainee do?

A real estate appraiser trainee is an individual who is in the initial stages of becoming a certified real estate appraiser. They work under the direct supervision of a licensed or certified appraiser to gain practical experience and knowledge in the field. Their responsibilities include assisting with property inspections, gathering data on comparable properties, conducting research on market trends, and preparing appraisal reports. Real estate appraiser trainees learn how to assess the value of residential or commercial properties by analyzing factors such as location, condition, size, and recent sales. They also develop skills in using appraisal software, understanding local zoning regulations, and adhering to industry standards and guidelines. This occupation requires attention to detail, strong analytical skills, good communication abilities, and a solid understanding of real estate principles.

Skills: Real estate, Appraiser, Trainee, Property valuation, Market analysis, Appraisal reports
Job industry: Real estate

How much does Real Estate Appraiser Trainee make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Real Estate Appraiser Trainee a well paid job?

Yes, our data show that Real Estate Appraiser Trainee is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Appraiser Trainee?

High salary for Real Estate Appraiser Trainee would be somewhere between 8,330,237 ISK and 10,980,767 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Appraiser Trainee in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 7,572,943 ISK
Estimated Monthly Salary: 631,079 ISK
Estimated Weekly Salary: 145,634 ISK per week
Estimated Hourly Salary: 3,641 ISK per hour
By working as Real Estate Appraiser Trainee a person can save up to 1,683 USD per month or 20,194 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Real Estate Appraiser Trainee

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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