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Residential fee appraiser skills for your resume and career

Updated January 8, 2025
3 min read
Below we've compiled a list of the most critical residential fee appraiser skills. We ranked the top skills for residential fee appraisers based on the percentage of resumes they appeared on. For example, 18.1% of residential fee appraiser resumes contained residential real estate as a skill. Continue reading to find out what skills a residential fee appraiser needs to be successful in the workplace.

15 residential fee appraiser skills for your resume and career

1. Residential Real Estate

Here's how residential fee appraisers use 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

Here's how residential fee appraisers use 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

Here's how residential fee appraisers use 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.

Here's how residential fee appraisers use fha:
  • 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

Here's how residential fee appraisers use 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

Here's how residential fee appraisers use 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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7. Residential Appraisal Reports

Here's how residential fee appraisers use residential appraisal reports:
  • 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.

Here's how residential fee appraisers use property inspections:
  • 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.

Here's how residential fee appraisers use scheduling appointments:
  • 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

Here's how residential fee appraisers use 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.

Here's how residential fee appraisers use financial institutions:
  • 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

Here's how residential fee appraisers use 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

Here's how residential fee appraisers use 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.

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.

Here's how residential fee appraisers use uniform standards:
  • 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

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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