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Become A Real Property Appraiser

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Working As A Real Property Appraiser

  • Making Decisions and Solving Problems
  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Resolving Conflicts and Negotiating with Others
  • Organizing, Planning, and Prioritizing Work
  • Unpleasant/Angry People

  • Mostly Sitting

  • $77,980

    Average Salary

Example Of What A Real Property Appraiser does

  • Use "Power Terminal" emulators as well as Microsoft Excel for various data entry.
  • Verified facts such as properties' legal descriptions, ownership and encumbrances.
  • Communicate with clients, real estate agents, and property owners to ensure appraisal process is completed efficiently.
  • Qualified FHA and HUD inspector following federal safe home standards.
  • Report information to clients and responsible for day to day correspondence with the officers of financial institutions.
  • Value homes based on detailed site inspection and analysis of fair market value.
  • Maintain accurate and complete Real Property Inventory using PRIDE.
  • Generated DD Form 1354 documentation for new construction, renovations and found on post facilities.
  • Process RE80 transactions; analyze real property folders for valid documentation to create asset in GFEBS.
  • Enter data for appraisal reports.
  • Interpret the CFO Act for Audit readiness.
  • Acquired data from outside sources for use in GIS projects.
  • Communicate with vendors and customers, provide excellent customer service,.
  • Assisted taxpayers during informal protests and presented evidence before the Appraisal Review Board of Polk County as required.
  • Review and analyzed market trends and local values.
  • Performed numerous residential appraisals and prepared URAR residential appraisal reports for properties in numerous counties throughout the Atlanta Metropolitan Area.
  • Assisted public with their property tax laws and regulations and appeal process.
  • Inspected properties for cost approach, income approach, and sales comparison approach.
  • Manage off post leasing actions to include build out of facility to meet client's needs.
  • Search public records for additional information such as previous sales, leases, assessments and neighborhood trends.

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How To Become A Real Property Appraiser

Although many employers prefer to hire college graduates, a high school diploma or equivalent is enough for some jobs. Some managers receive vocational training. Other managers must have a real estate license.

Education

Many employers prefer to hire college graduates for property management positions, particularly for offsite positions dealing with a property’s finances or contract management. Employers also prefer to hire college graduates to manage residential and commercial properties. A bachelor’s or master’s degree in business administration, accounting, finance, real estate, or public administration is preferred for commercial management positions. Managers of commercial properties and those dealing with a property’s finances and contract management increasingly are finding that they need a bachelor’s or master’s degree in business administration, accounting, finance, or real estate management, especially if they do not have much practical experience.

Work Experience in a Related Occupation

Experience in real estate sales is a good background for onsite managers because real estate salespeople also show commercial properties to prospective tenants or buyers.

Licenses, Certifications, and Registrations

Real estate managers who buy or sell property must have a real estate license in the state in which they practice. In a few states, property and community association managers must also have a real estate license. Managers of public housing subsidized by the federal government must hold certifications.

Property, real estate, and community association managers working in Alaska, Colorado, California, Connecticut, Florida, Georgia, Illinois, Nevada, Virginia, and the District of Columbia are required to obtain professional credentials or licensure. Requirements vary by state, but many managers working in states without requirements still obtain designations to show competence and professionalism. BOMI International, the Community Associations Institute, the Institute of Real Estate Management, the National Association of Residential Property Managers, and the Community Association Managers International Certification Board all offer various designations, certifications, and professional development courses. Most states require recertification every 2 years.

In addition, employers may require managers to attend formal training programs from various professional and trade real estate associations. Employers send managers to these programs to develop their management skills and expand their knowledge of specialized fields, such as how to operate and maintain mechanical systems in buildings, how to improve property values, insurance and risk management, personnel management, business and real estate law, community association risks and liabilities, tenant relations, communications, accounting and financial concepts, and reserve funding. Managers also participate in these programs to prepare themselves for positions of greater responsibility in property management. With related job experience, completing these programs and receiving a satisfactory score on a written exam can lead to certification or the formal award of a professional designation by the sponsoring association. 

Advancement

Many people begin property management careers as assistant managers, working closely with a property manager. In time, many assistants advance to property manager positions.

Some people start as onsite managers of apartment buildings, office complexes, or community associations. As they gain experience, they may advance to positions of greater responsibility. Those who excel as onsite managers often transfer to assistant offsite property manager positions, in which they gain experience handling a broad range of property management responsibilities.

The responsibilities and pay of property, real estate, and community association managers increase as these workers manage more and larger properties. Property managers are often responsible for several properties at a time. Some experienced managers open their own property management firms.

Important Qualities

Customer-service skills. Property, real estate, and community association managers must provide excellent customer service to keep existing clients and expand their business with new ones.

Interpersonal skills. Because property, real estate, and community association managers interact with people every day, they must have excellent interpersonal skills.

Listening skills. Property, real estate, and community association managers must listen to and understand residents and property owners in order to meet their needs.

Organizational skills. Property, real estate, and community association managers must be able to plan, coordinate, and direct multiple contractors at the same time, often for multiple properties.

Problem-solving skills. Property, real estate, and community association managers must be able to mediate disputes or legal issues between residents, homeowners, or board members.

Speaking skills. Property, real estate, and community association managers must understand leasing or rental contracts and must be able to clearly explain the materials and answer questions raised by a resident or group of board members.

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Real Property Appraiser jobs

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Real Property Appraiser Demographics

Gender

  • Male

    55.7%
  • Female

    43.0%
  • Unknown

    1.3%

Ethnicity

  • White

    85.2%
  • Asian

    6.7%
  • Hispanic or Latino

    5.6%
  • Unknown

    1.8%
  • Black or African American

    0.6%
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Languages Spoken

  • French

    50.0%
  • Spanish

    50.0%

Real Property Appraiser

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Real Property Appraiser Education

Real Property Appraiser

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Real Real Property Appraiser Salaries

Job Title Company Location Start Date Salary
Property, Real Estate, and Community Assoc. Mngrs. Anchor Development Group Inc. New York, NY Jul 20, 2012 $89,461
Property, Real Estate and Community 241 Main Street Realty, Corp. Hackensack, NJ Feb 23, 2009 $74,882
Property, Real Estate, and Community Assoc. Main Street Realty Corp. Hackensack, NJ May 01, 2008 $74,882
Property, Real Estate and Community Association Lara Group, Inc. New York, NY Mar 25, 2009 $67,869
Property, Real Estate and Community Assoc. MNG. Square Indigo Inc. New York, NY Oct 30, 2007 $60,570
Property, Real Estate, and Community Assoc. Mgrs Wyndham Hotel Group LLC Parsippany-Troy Hills, NJ Jul 23, 2010 $41,218 -
$54,471
Property, Real Estate, Community Assoc.Mgr. Vornado Charles E. Smith Arlington, VA Jul 08, 2011 $36,733 -
$60,000
Property, Real Estate, and Community Association M WP Realty, Inc. Dublin, CA Apr 02, 2010 $35,930

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Top Skills for A Real Property Appraiser

AppraisalReportsRealPropertyInventoryResidentialRealEstateIncomeApproachResidentialPropertyValuesFinancialInstitutionsPropertyTaxLawsFacilityPropertyOwnersFairMarketValueAuditGISVoloremTaxPurposesDataEntryCustomerServiceResidentialAppraisalsNewConstructionAdditionalInformationFHALegalDescriptions

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Top Real Property Appraiser Skills

  1. Appraisal Reports
  2. Real Property Inventory
  3. Residential Real Estate
You can check out examples of real life uses of top skills on resumes here:
  • Reconcile data and provided appraisal reports.
  • Performed field surveys as required to validate the installation real property inventory.
  • Appraised residential real estate by inspecting and measuring buildings and evaluating construction, condition, special features and functional design.
  • Utilized cost, market, and income approaches to value property with goal of determining potential for highest and best use.
  • Maintain positive business relationships with many financial institutions as well as appraisal management companies.

Top Real Property Appraiser Employers

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