Will “Residential Real Estate Appraiser” be Replaced By Robots? 🤔
Unknown Chance of Automation
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Job Description
Appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes.
Job Details
- The SOC (Standard Occupational Classification) code is 13-2021.02
☝️ Information based on the reference occupation “Appraisers, Real Estate”.
Also Known As…
- Appraisers, Real Estate
- Valuation Consultant
- Staff Appraiser
- Residential Fee Appraiser
- Real Property Appraiser
- Real Estate Appraiser
- Commercial Real Estate Appraiser
- Certified Residential Real Estate Appraiser
- Certified Real Estate Appraiser
- Appraiser
- Residential Real Estate Appraiser
- Residential Property Tax Appraiser
- Residential Appraiser
- Registered Appraiser
- Real Estate Appraiser Supervisor
- Property Appraiser
- Licensed Appraiser
- Home Appraiser
- Engagement Director
- Bank Appraiser
Tasks for “Residential Real Estate Appraiser”
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- Search public records for transactions such as sales, leases, and assessments.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Estimate building replacement costs using building valuation manuals and professional cost estimators.
- Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
- Testify in court as to the value of a piece of real estate property.
- Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
- Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- Verify legal descriptions of properties by comparing them to county records.
- Draw land diagrams that will be used in appraisal reports to support findings.
- Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
- Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
- Collect and analyze relevant data to identify real estate market trends.
- Examine income records and operating costs of income properties.
Related Technology & Tools
- Ultrasonic distance measurers
- Laptop computers
- Handheld distance meters
- Carbon monoxide detectors
- Personal digital assistants PDA
- Appraisal, mapping, and comparison data reporting systems
- Real estate mapping and property description systems
- Flood Insights
- Desktop computers
- Mapping and geographic analysis systems
- Laser measuring devices
- Electronic maps
- Electronic flood maps
- Mapping or location-based analysis systems
- Business Management Systems Municipal Geographic Management System MGMS
- Microsoft Excel
- Manatron CustomCAMA
- RPIS Silent CMA
- Realty Tools Toolkit for Market Share
- Manatron ProVal Plus
- RealData Comparative Lease Analysis
- Concierge Systems Report Concierge
- Web browser software
- Wilson's Computer Applications RealEasy Appraisals
- Softree Technical Systems Terrain Tools
- Bradford ClickFORMS
- a la mode Pocket TOTAL
- Visual PAMSPro
- TietoEnator ProMatch
- WinGap
- ACI Appraiser's Choice
- Govern Software Land and Permits Management System
- Manufacturing Technology Costimater
- Bruno Realty eNeighboorhoods
- WinEstimator WinEst
- Modellium PariTOP
- Microsoft Word
- Microsoft PowerPoint
- HP 49G+ Appraiser Fee Calculator
- Greenbrier Graphics Deed Plotter
- Ascend Property Assessment
- Geomechanical design analysis GDA software
- Microsoft Office
- Real Estate Center Caparate Calculator
- ValueTech Report Builder
- MicroSolve CAMA
- Mass appraisal records system MARS
- Informatik MapDraw Deed Mapper
- FBS Data Systems Flexmls
- Govern Software GovMap
- GCS Property Assessment and Tax Billing
- CPR International GeneralCOST Estimator
- Construction Management Software ProEst
- Real Edge
- Apex IV Assessor
- CPR Visual Estimator
- Hansen CAMA
- Multiple listing service software
- Cost estimation software
- Wilson's Computer Applications RealEasy Photos Plus
- a la mode WinTOTAL
- Emerald Data Deed-Chek
- Apex MobileSketch
- Apex IV Fee Appraiser
- Computer assisted mass appraisal CAMA software
- eTrac
- Howard and Friends Computer CMA Plus