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Real Estate Appraiser Overtime Lawsuits: Wage & Hour Laws

Real Estate Appraiser Overtime Lawsuits: Wage & Hour Laws

Commonly asked overtime pay law questions about Real Estate Appraisers:

What is a Real Estate Appraiser?

Real Estate Appraisers estimate the value of land and building structures before it is sold or developed. Appraisers typically value one property at a time working with independent clients. They may specialize in a type of real estate, such as commercial or residential.

What is the Salary Range for a Real Estate Appraiser?

Depending on the work setting and state where Real Estate Appraisers are employed, the U.S. Bureau of Labor Statistics (BLS) noted that in 2016, Real Estate Appraisers made between $27,000 and $97,000, with the average annual salary being approximately $58,000.

How Many Real Estate Appraisers Are Nationally Employed?

According to the United States Department of Labor, employment estimate and mean wage estimates for this occupation are as follows:

Employment Employment RSE* Mean Hourly Wage Mean Annual Wage Wage RSE
60,770 2.6% $27.90 $58,030 1.2%

*RSE: The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

According to the United States Department of Labor, the percentile wage estimates for a Real Estate Appraiser is as follows:

Percentile 10% 25% 50% (Median) 75% 90%
Hourly Wage $13.01 $18.03 $24.93 $35.13 $46.69

Where Are Most Real Estate Appraisers Employed?

According to the United States Department of Labor, states with the highest employment level in this occupation are as follows:

State Employment Employment Per Thousand Jobs Location Quotient Hourly Mean Wage Annual Mean Wage
Texas 5,750 0.49 1.13 $29.62 $61,610
California 4,220 0.26 0.61 $38.30 $79,670
Florida 4,170 0.51 1.17 $23.66 $49,220
New York 3,370 0.37 0.86 $27.90 $58,020
Georgia 2,820 0.67 1.54 $23.71 $49,320

Real Estate Appraiser Overtime Pay Lawsuit News

Real Estate Appraiser Overtime Pay Lawsuit News

Read All Real Estate Appraiser News on Overtime Pay Cases and Settlements

What are the Laws for Real Estate Appraiser Overtime Pay?

Under the Fair Labor Standards Act, Real Estate Appraisers are often entitled to overtime pay for all hours worked over 40 in one week. If an employer denies a Real Estate Appraiser overtime wages, it could give rise to an overtime pay lawsuit.

There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Real Estate Appraiser overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.

Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for Real Estate Appraisers. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.

Is a Real Estate Appraiser Entitled to Overtime Pay?

Because Real Estate Appraisers perform essential duties like estimating the fair value of property for clients, they often work far more than 40 hours in a week. Many of them are not paid overtime for these excess hours as required under the FLSA. The employer’s failure to pay required overtime to a Real Estate Appraiser can result in a lawsuit for overtime pay.

There are strict time limitations for filing a claim so it is important that you discuss your case in a timely manner. If you wait too long, you may lose your ability to recover some or all of your back pay. An experienced Real Estate Appraiser overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked.

Some states have their own overtime pay laws that may be slightly different from the FLSA with respect to overtime pay for Real Estate Appraisers. An experienced overtime pay attorney can determine whether you are entitled to overtime wages based upon your job description, job duties, rate of pay, and number of hours worked. There are strict time deadlines for filing lawsuits so it is essential that you contact an attorney immediately.

To determine whether you are eligible for filing a wage claim, contact our experienced Real Estate Appraiser Overtime Pay Lawyers at (855) 754-2795 for a Free Consultation to discuss your case or complete the Free Unpaid Overtime Case Review Form on this page.

We will discuss your situation and determine if you have a claim. If you are owed unpaid wages, we will represent you under our No Fee Promise, which means there are never any legal fees or costs unless you receive a settlement.

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