« Job Descriptions

Real Estate Appraiser

The Real Estate Appraiser determines the monetary value of business properties and other assets. He/She assesses homes, commercial appraisers evaluate commercial properties such office buildings, industrial centers, hotels, malls, retail stores, and parking garages. He/She personally inspects properties, collects data, conducts financial analysis, and stays up to date with local real estate market conditions.

Key Responsibilities

  • Inspects, assesses, measures, photographs, and documents the interior and exterior conditions, features, and details of properties.
  • Assesses the value and condition of additional amenities and improvements such as swimming pools, garages, and other structures.
  • Researches the market value of comparable properties in the area to guide the determination of the value of the property being appraised.
  • Records health and/or safety code violations.
  • Creates a diagram or other recording of the property’s layout.
  • Drafts and prepares detailed appraisal reports.
  • Collaborates with real estate agents to determine clients’ asking prices or offers.
  • Maintains knowledge of real estate market conditions in the area.
  • Adheres to professional code of ethics and rules of conduct.

Job Requirements/Qualifications:

  • Associates degree in Appraisal or Business required; Bachelor’s degree highly preferred.
  • Good knowledge of MS Office
  • Knowledge of software such as ARGUS, CoStar and LoopNet
  • Knowledge of current industry’s rules and regulations
  • Team player
  • Current state license as certified real estate appraiser required
  • Thorough understanding of appraisal methodology

Skills needed for this role

The Real Estate Appraiser must have a thorough understanding of appraisal methodology, solid math and business skills and a precise attention to detail. He/She must have a strong analytical skill set, customer service skills and organizational and time-management skills.

Career Level

1-4 Years Experienced Employee

Job Specializations

Real Estate, Business