Appraisers provide a value estimate for a property before it is sold, mortgaged, taxed, insured, or developed. They verify legal descriptions in public records and inspect new and existing properties, noting the characteristics. They photograph the interior and exterior of properties to analyze comparable or similar nearby properties for deeper insight into values. They prepare written reports and maintain current data on each real estate property.
Appraisers know characteristics of the property and its surrounding areas, including views or sound pollution, and consider the condition of a building, including its heating, foundation, roof, or renovations. They photograph the outside of a building and some interior features to document its condition. After visiting the property, appraisers run analysis relative to comparable home sales, including police records, location, previous appraisals, and income potential. Appraisers need a bachelor's degree and certification from the appraisal foundation.
Average Years of Experience
Common Skill Sets