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Residential fee appraiser skills for your resume and career
15 residential fee appraiser skills for your resume and career
1. Residential Real Estate
- Performed residential real estate appraisals for a variety of appraisal management companies for lending and foreclosure purposes.
- Prepared residential real estate reports for - Submitted reports for SRA designated approval
2. Income Properties
- Developed accurate property valuations for single-family homes, condominiums and small income properties in Chicago and the northern suburbs.
- Performed appraisal of Single Family Residential, Condo units, PUDs and 2-4 Income Properties.
3. Condominiums
- Conducted professional real estate appraisals for single family residences, 2-4 family residences, condominiums and Co-developed 9 commercial property appraisals.
- Performed appraisals of retail buildings, shopping centers, office buildings, apartment complexes, condominiums, industrial properties and vacant land
4. FHA
The Federal Housing Administration (FHA) stands for a government agency in the United States that offers housing insurance to FHA-approved lenders who follow certain conditions.
- Performed FHA & VA inspections of property which included habitability, modernization, gentrification, cost-to-cure and marketability.
- Provided FHA and foreclosure residential appraisals throughout four western Washington Counties.
5. USPAP
- Estimated value for residential and commercial real estate properties using the Uniform Standards of Professional Appraisal Practices (USPAP).
- Responded quickly to client's individual needs, and provided high quality USPAP compliant reports.
6. REO
- Specialized in farm & ranch, Relocation, REO and historic/ones-of-kind property appraisals.
- Performed REO appraisals and Broker Price Opinions for financial institutions such as Chase, Citibank and Wells Fargo.
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- Researched and developed accurate and timely residential appraisal reports.
- Composed Uniform Residential Appraisal Reports utilizing Wintotal and ACI software.
8. Property Inspections
A property inspection is a visual inspection of observable areas of a property and a report on the state of that property. Property inspections get done by qualified experts and trained professionals with experience and an in-depth understanding of property types to tell if a property is up to code. It affects a large percentage of the buying process.
- Conduct property inspections as required.
- Qualified submitted property inspection reports resulting in uniform database input and decreased duplication in efforts by the review analysts.
9. Scheduling Appointments
Scheduling appointments is the practice of finding a free slot with the person(s) you want to meet. The process of scheduling appointments involves finding mutually free time, negotiating follow-ups, sending reminders, and creating new appointments. Scheduling appointments is important to ensure that the timings of consecutive meetings do not clash with each other.
- Helped Company generate business by contacting new and potential clients and scheduling appointments.
- Performed various office duties including answering phones, filing, copying, faxing reports and scheduling appointments with clients.
10. Unit Properties
- Assisted the Appraisal Manager in completing daily/weekly reports and the reviewing of the High Risk Zip and 2-4 unit properties.
- Appraised single-family residences Appraised 2-4 unit properties
11. Financial Institutions
Financial Institutions come in all sizes, forms, and are meant for all sorts of purposes. Some only keep money, some only trade it, some focus on extending loans, some work with only other financial corporations or regular business and companies, and some are built to be useful and multi-purpose. A central bank, for example, is a banking institution meant to keep an eye on other banks and ensure that no laws or rules are broken or bent.
- Completed both commercial and residential appraisals for financial institutions, attorneys, CPAs, and other private individuals.
- co-signed appraisals with Paul Throndsen, MAI Provided commercial appraisals for mostly financial institutions.
12. Appraisal Review
- Conducted appraisal reviews on repossessed residential properties
- Provide appraisal reviews to ensure valid information and compliance with FNMA/USPAP and HVCC guidelines.
13. Fair Market Value
- Determined fair market value of residential/commercial real estate via comparative sales and income projection methods.
- Researched and selected comparable sales, analyzed current market adjustments and developed market values for lending and banking organizations.
14. Market Trends
- Analyzed and evaluated market trends to provide meaningful conclusions using company developed Excel based evaluation reports and other Internet products.
- Analyzed economic and market trends to extrapolate data for use in developing a valuation opinion for commercial and residential real estate.
15. Uniform Standards
The uniform standards come in the form of USPAP, which stands for the uniform standards of professional appraisal practice. Established and implemented by the appraisal standards board, the USPAP provides standards and policies for the professionals working in the industry.
- Completed appropriate form appraisal reports applying Uniform Standards of Professional Appraisal Practice.
- Prepared narrative appraisal documents that met the national Uniform Standards of Professional Appraisal Practice requirements.
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List of residential fee appraiser skills to add to your resume
The most important skills for a residential fee appraiser resume and required skills for a residential fee appraiser to have include:
- Residential Real Estate
- Income Properties
- Condominiums
- FHA
- USPAP
- REO
- Residential Appraisal Reports
- Property Inspections
- Scheduling Appointments
- Unit Properties
- Financial Institutions
- Appraisal Review
- Fair Market Value
- Market Trends
- Uniform Standards
- Real Estate Appraisals
- FNMA
- MAI
- Appraisal Assignments
- Data Research
- Market Data
- Sketch
- ACI
- Condo
- Market Analysis
- MLS
- Private Parties
Updated January 8, 2025