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.