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Appraisers and Assessors of Real Estate

  • Government and Public Administration

Tasks

What tasks do Appraisers and Assessors of Real Estate perform?

  • 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.

  • Collect and analyze relevant data to identify real estate market trends.


Knowledge

What do Appraisers and Assessors of Real Estate need to know?

  • English Language

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

  • Computers and Electronics

    Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.


Skills

What skills do Appraisers and Assessors of Real Estate need?

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Critical Thinking

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



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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.