Real Estate Appraiser Job Description Template
Use this Real Estate Appraiser job description template to advertise the open roles for free using Longlist.io. You can use this template as a starting point, modify the requirements according the needs of your organization or the client you are hiring for.
Job Brief
We are looking for a diligent Real Estate Appraiser to produce credible and viable results for clients and other intended users. You will be responsible for aggregating, analysing, interpreting and reporting on appraisal data.
Responsibilities
- Conduct formal appraisals of real property or land before it is sold, mortgaged, taxed, insured, or developed
- Evaluate properties to establish market values and property ratings using internal and external sources
- Make on site visits, inspect property and interview clients
- Examine all variables that impact property’s present or future value (comparable home sales, previous sales records, future developments etc)
- Prepare reports that fully explain assessment results and outline methods used
- Document procedure and backup data
- Keep abreast with all current regulations, standards and best practices
Requirements
- Proven working experience as a Real Estate Appraiser
- Advanced knowledge of MS Office and ARGUS, CoStar, LoopNet or other relevant software
- Familiarity with all current industry’s regulations, rules and standards
- Strong analytical and research skills
- Excellent writing and communication skills
- Licensed or certified appraiser
- BS degree in relevant field
What does Real Estate Appraiser do?
A Real Estate Appraiser is responsible for estimating the value of properties. On a day-to-day basis, a Real Estate Appraiser typically performs the following tasks:
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Research: Conducts thorough research on property sales, market trends, and other relevant data to gather information about the real estate market.
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Property inspections: Visits properties to assess their condition, size, and characteristic features. This involves taking photos, gathering measurements, and noting any improvements or defects.
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Analysis: Compares the property being appraised with similar properties (comparables) in the area to determine its value. The appraiser considers factors such as location, size, amenities, and recent sales of comparable properties.
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Report writing: Prepares detailed appraisal reports that include the property description, evaluation methodology, comparable sales analysis, and the final estimate of value.
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Client communication: Discusses appraisal results and findings with clients, including lenders, homeowners, real estate agents, and attorneys. Provides explanations for valuation decisions and answers any questions they may have.
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Ongoing education: Stays updated on industry regulations, market trends, and valuation techniques through ongoing education and professional development.
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Office tasks: Manages administrative tasks such as scheduling appointments, organizing paperwork, and maintaining accurate records of all appraisals conducted.
It is important to note that the exact responsibilities may vary depending on the specific type of appraiser (residential or commercial), the complexity of the property being appraised, and regional regulations.