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Appraisers

  • Financial Services

Tasks

What tasks do Appraisers perform?

  • Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.

  • Write descriptions of the property being appraised.

  • Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.

  • Document physical characteristics of property such as measurements, quality, and design.


Knowledge

What do Appraisers need to know?

  • English Language

    Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.

  • Customer and Personal Service

    Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

  • Mathematics

    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.


Skills

What skills do Appraisers need?

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Critical Thinking

    Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

  • Writing

    Communicating effectively in writing as appropriate for the needs of the audience.



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Data on career profiles are based on information supplied by the O*NET Program, sponsored by U.S. Department of Labor, Employment, and Training Administration.