Appraisers, Real Estate

Appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes.

Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

1. Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.

2. Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.

3. Search public records for transactions such as sales, leases, and assessments.

4. Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.

5. Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.

6. Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.

7. Obtain county land values and sales information about nearby properties to aid in establishment of property values.

8. Verify legal descriptions of properties by comparing them to county records.

9. Check building codes and zoning bylaws to determine any effects on the properties being appraised.

10. Estimate building replacement costs using building valuation manuals and professional cost estimators.

11. Examine income records and operating costs of income properties.

Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Mathematics - Using mathematics to solve problems.

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

Reading Comprehension - Understanding written sentences and paragraphs in work related documents.

Time Management - Managing one's own time and the time of others.

Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

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.

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.

Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.

Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

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

Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.

Job Zone Four: Considerable Preparation Needed

Education: Most of these occupations require a four - year bachelor's degree, but some do not.

Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

The college search results are undergraduate programs associated with Appraisers, Real Estate. Further education may also be required to pursue this career.

The training search results include both short and long-term programs associated with Appraisers, Real Estate, and may be more appropriate for adult and non-traditional students. Further training may also be required to pursue this career.

In NY the average wage for this occupation was:

$34,770 for entry level workers, and $64,640 for experienced workers.

Based on the total number of annual openings and its growth rate, the employment prospects for this occupation are described as Favorable.

During 2006, there were approximately 4,780 Appraisers, Real Estate employed in NY.

We estimate that in 2016 there will be 5,080  employed in NY. This represents an increase of 30 job(s) each year, and a total of 100 job openings each year.

There are no additional resources for this occupation.

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Insurance Adjusters, Examiners, and Investigators - Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.

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Assessors - Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.

Customer Service Representatives - Interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.