CareerGPS
 

Appraisers, Real Estate - 13-2021.02    

Summary Occupational Forecast Data for Appraisers and Assessors of Real Estate

Annual Average
Employment
Employment
Change
Average Annual Job Openings Wage and Training Levels
2016 2021 Numerical Percent New Jobs Replacement Jobs Total Median Hourly   Median Annual     Education & Training Level  
3114
3172
58
2%
12
51
62
$22.80
$47,421
Bachelor's degree
Staffing Pattern Data Forecast Data Source: EMSI (3rd Quarter 2016)
 

Description

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

Schools

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California State University, Sacramento
Folsom Lake College

 

Occupation Details

The information in this section represents occupational characteristics included in O*NET which defines key features of an occupation as a standardized, measurable set of variables called "descriptors". These distinguishing characteristics of an occupation are described in greater detail in the O*NET Content Model. All items are listed in descending order of importance.

  • Tasks
  • Knowledge and Skills
  • Job Zone
  • Work Styles and Values
Tasks
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Search public records for transactions such as sales, leases, and assessments.
  • Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
  • Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  • Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
  • Obtain county land values and sales information about nearby properties to aid in establishment of property values.
  • Verify legal descriptions of properties by comparing them to county records.
  • Check building codes and zoning bylaws to determine any effects on the properties being appraised.
  • Estimate building replacement costs using building valuation manuals and professional cost estimators.
  • Examine income records and operating costs of income properties.
  • Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
  • 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.
  • Draw land diagrams that will be used in appraisal reports to support findings.
  • Testify in court as to the value of a piece of real estate property.
Knowledge
  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.
  Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  Geography - Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
  Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

Skills
  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.
  Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  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.
  Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  Speaking - Talking to others to convey information effectively.
  Time Management - Managing one's own time and the time of others.
  Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
  Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.

Abilities
  Written Comprehension - The ability to read and understand information and ideas presented in writing.
  Written Expression - The ability to communicate information and ideas in writing so others will understand.
  Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  Near Vision - The ability to see details at close range (within a few feet of the observer).
  Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
  Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  Speech Recognition - The ability to identify and understand the speech of another person.
  Speech Clarity - The ability to speak clearly so others can understand you.
  Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
  Selective Attention - The ability to concentrate on a task over a period of time without being distracted.
  Category Flexibility - The ability to generate or use different sets of rules for combining or grouping things in different ways.

Work Activities
  Getting Information - Observing, receiving, and otherwise obtaining information from all relevant sources.
  Interacting With Computers - Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  Processing Information - Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  Evaluating Information to Determine Compliance with Standards - Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  Identifying Objects, Actions, and Events - Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
  Analyzing Data or Information - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  Making Decisions and Solving Problems - Analyzing information and evaluating results to choose the best solution and solve problems.
  Updating and Using Relevant Knowledge - Keeping up-to-date technically and applying new knowledge to your job.
  Communicating with Persons Outside Organization - Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
  Documenting/Recording Information - Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
  Inspecting Equipment, Structures, or Material - Inspecting equipment, structures, or materials to identify the cause of errors or other problems or defects.
  Estimating the Quantifiable Characteristics of Products, Events, or Information - Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
  Organizing, Planning, and Prioritizing Work - Developing specific goals and plans to prioritize, organize, and accomplish your work.
  Establishing and Maintaining Interpersonal Relationships - Developing constructive and cooperative working relationships with others, and maintaining them over time.
  Interpreting the Meaning of Information for Others - Translating or explaining what information means and how it can be used.
  Judging the Qualities of Things, Services, or People - Assessing the value, importance, or quality of things or people.
  Monitor Processes, Materials, or Surroundings - Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
  Performing Administrative Activities - Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.
  Scheduling Work and Activities - Scheduling events, programs, and activities, as well as the work of others.
  Communicating with Supervisors, Peers, or Subordinates - Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.

Job Zone  
Title Job Zone Four: Considerable Preparation Needed
Overall Experience A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Job Training Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Job Zone Examples Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, database administrators, teachers, chemists, environmental engineers, criminal investigators, and special agents.
Education Most of these occupations require a four-year bachelor's degree, but some do not.
Interests
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.
Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Realistic - Realistic occupations frequently involve work activities that include practical, hands-on problems and solutions. They often deal with plants, animals, and real-world materials like wood, tools, and machinery. Many of the occupations require working outsi
 
Work Styles
Integrity - Job requires being honest and ethical.
Dependability - Job requires being reliable, responsible, and dependable, and fulfilling obligations.
Attention to Detail - Job requires being careful about detail and thorough in completing work tasks.
Analytical Thinking - Job requires analyzing information and using logic to address work-related issues and problems.
Initiative - Job requires a willingness to take on responsibilities and challenges.
Independence - Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
Self Control - Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
Achievement/Effort - Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
 
Work Values
Independence - Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.