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Appraisers & Assessors of Real Estate

Also called: Appraiser, Assessor, Real Estate Appraiser, Valuation Consultant

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What they do:
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
On the job, you would:
  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Inspect new construction and major improvements to existing structures to determine values.

Knowledge

Arts and Humanities
  • English language
Business
  • customer service
  • administrative services
Engineering and Technology
  • computers and electronics
  • building and construction
Math and Science
  • arithmetic, algebra, geometry, calculus, or statistics

Skills

Basic Skills
  • listening to others, not interrupting, and asking good questions
  • reading work related information
Problem Solving
  • noticing a problem and figuring out the best way to solve it

Abilities

Verbal
  • listen and understand what people say
  • read and understand what is written
Ideas and Logic
  • make general rules or come up with answers from lots of detailed information
  • use rules to solve problems
Math
  • choose the right type of math to solve a problem
  • add, subtract, multiply, or divide

Personality

People interested in this work like activities that include leading, making decisions, and business.
They do well at jobs that need:
  • Integrity
  • Attention to Detail
  • Dependability
  • Independence
  • Analytical Thinking
  • Stress Tolerance

Technology

You might use software like this on the job:

Data base user interface and query software
  • Database software
  • Microsoft Access Hot Technology
Analytical or scientific software
  • Construction Management Software ProEst
  • MicroSolve CAMA
Financial analysis software
  • Cost estimation software
  • CPR Visual Estimator

Education

Education: (rated 4 of 5)

Get started on your career:

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Job Outlook

Average Outlook
New job opportunities are likely in the future.
Salary
$57,010
$31,160
$104,540
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See more details at O*NET OnLine about appraisers and assessors of real estate.