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Appraiser Resume Samples
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0-5 years of experience
- Review, analyze, approve and underwrite conforming, non-conforming, FHA/VA and high-risk appraisal reports within company and industry guidelines to ensure that loans are protected with adequate collateral value
- Responsible for reviewing title work, market analysis reports, collateral valuation, and supporting documentation
- Work closely with the management and staff internally as well as appraisers and appraiser vendors externally
- Strong Time management and organization skills effectively prioritizing multiple objectives and achieving goals
0-5 years of experience
- RV (Recreational Vehicle) Appraisals – Responsible for physically inspecting vehicles and determining values for consignment.
- RV Listings – Responsible for preparation of Listing Contract documents and seller satisfaction.
- Recreational Vehicle Sales – Part of a professional sales team responsible for the presentation and sale of hundreds of consigned vehicles to prospective buyers.
- Arrange titling documents.
6-10 years of experience
- Prepare appraisals for lenders, mortgage companies and contractors
- Research market studies to determine what outside factors influence property values.
- Conduct research analysis on all appraisal assignments
- Can resolve incompliance with policies and appraisal values according to current market conditions, Fannie Mae, Freddie Mac and USPAP guidlines
0-5 years of experience
- Completes timely and accurate estimates in accordance with the organization’s standards, procedures, and guidelines.
- Prepare and document accurate vehicle/equipment damage appraisals.
- Manages repair time to improve cycle time.
- Assist desk review in Photo App assignment in CCC ONE
- Performs timely supplemental inspections of additional damage discovered during course of repairs.
- Demonstrates awareness and identifies fraud indicators.
- Responsible for determination of actual cash values for total losses.
- Responsible for timely contact with customers.
- Negotiates cost-effective repair figures according to company guidelines and state regulations.
- Effective team player
Appraiser Duties and Responsibilities
The type of organization an appraiser works for will determine the exact roles and responsibilities. Based on job listings we analyzed, an appraiser’s duties typically involve:
Inspect Properties Appraisers make site visits to inspect properties, interview their clients, and examine all variables that might impact what a property is worth, such as the location and future developments in the area.
Photograph Interior and Exterior As part of the examination and assessment of a property, appraisers take photographs of the interior and exterior of the building, paying particular attention to any key characteristics that may affect the value of the property.
Research Local Property Market This job involves analyzing comparable nearby properties in order to help make an estimate of the value of the client’s property.
Maintain Data on Property Values Appraisers verify legal descriptions of real estate properties in public records and maintain value data from neighboring properties to gauge how a new property may compare to others in the market.
Prepare Written Reports Appraisers prepare reports that explain the assessment results and the decisions made and outline the methods that were used to appraise the property.
Appraiser Skills and Qualifications
Appraisers have great communication and interpersonal skills, have an analytical mindset, and are comfortable with numbers and performing calculations. Typically, employers will require a bachelor’s degree and certification, depending on the state, as well as the following abilities:
- Analytical Skills – Appraisers use different sources of data when assessing the value of a property, meaning they need to be able to carefully research a range of factors and analyze these before deciding on the value and producing a report
- Time Management – This role involves working to tight deadlines and time constraints, sometimes appraising several properties in one day, so appraisers need to have good time management skills to complete all necessary tasks and meet deadlines
- Customer Service Skills – To build successful relationships and expand future business opportunities, appraisers need to have excellent customer service skills and the ability to remain polite, friendly, and professional
- Math Abilities – From dealing with costs to calculating square footage, appraisers need to have good math skills to complete various tasks within this role
- Organization – Appraising properties involves a range of different tasks, so appraisers need to be organized to ensure all tasks and documents are completed in a timely manner
Appraiser Education and Training
The minimum requirement to become an appraiser is a bachelor’s degree in a relevant subject such as finance or economics as well as previous experience in a similar field. However, the requirements to become an appraiser do vary by state, so it’s worth checking with the state licensing board for specific requirements. Some states have no formal licensing requirements, and candidates may qualify with just a high school diploma. The Appraisal Foundation (TAF) offers information on appraisal licensing. Employers generally require candidates to take a basic appraisal course, complete on-the-job training, or work enough hours to meet the necessary requirements to gain certification.
Appraiser Salary and Outlook
The median annual salary for appraisers is $52,000. Appraisers in the 10th percentile earn around $27,000 a year, while the highest paid earn over $97,000 a year. Bonus schemes, profit-sharing opportunities, and commission all provide great earning potential with this job, accounting for as much as $22,000 of this total figure. Location and level of experience impact the pay level for this role, and many employers offer dental plans and medical insurance as part of their benefits package. The Bureau of Labor Statistics predicts that the growth rate for this sector is expected to increase by 14 percent through 2026.
Helpful Resources
Interested in learning more? If so, check out our collection of resources to help you develop your career as an appraiser:
How to Become a Real Estate Appraiser – For those starting their appraiser journey, this book is a great reference for learning the skills required to be successful in this lucrative career. Written by Sharon P. Carson, an appraiser with more than 35 years’ experience, the book helps readers make well-informed decisions when appraising real estate.
The Compact Real Estate Appraiser – This style guide for consistent report writing by Jeremy Bagott includes helpful tips and techniques to streamline processes, from a shortcut to analytical procedures to 33 immutable laws, and a roundup of the common elements of value.
Real Estate Appraiser Connection – With more than 11,000 members, this LinkedIn group is the perfect place for networking with fellow appraisers. The group aims to promote knowledge sharing and building contacts with others in the industry.
AppraisersBlogs – Created with the goal of bringing news, software information, and organizations into one place, AppraisersBlogs is a site chock-full of useful information, posts, articles, and up-to-date industry news where readers can find out about the key issues affecting all sectors of the real estate appraisal profession.
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Last edited by: Gabriela Barcenas, CPRW, Content Writer II -
Gabriela Barcenas
CPRW, Content Writer IIGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
