Profession property appraiser

Real estate appraisers value property and real estate.

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Personality Type

  • Conventional / Investigative

Related professions housing, renting

  • Development Manager
  • Estate agent
  • Home Manager - Assistant/Deputy
  • Housing Assistant
  • Housing Manager
  • Housing Officer
  • Neighbourhood Assistant
  • Neighbourhood Manager
  • Neighbourhood Officer
  • Pawn broker
  • Project Workers
  • Real estate developer
  • Recovery Officer
  • Rental clerk houses, apartments
  • Rental clerk, all other products
  • Residential Warden/Scheme Manager
  • Support Worker
  • Team Leader
  • Tenancy Support Worker

Knowledge

  • Risk management

    The process of identifying, assessing, and prioritising of all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods on dealing with risks effectively.

  • Energy performance of buildings

    Factors that contribute to lower energy consumption of buildings. Building and renovation techniques used to achieve this. Legislation and procedures regarding energy performance of buildings.

  • Real estate market

    The trends concerning the buying, selling, or renting of property, including the land, buildings, and natural resources encompassed within the property; the categories of residential properties and properties for business purposes which such properties are traded in.

  • Property law

    The law and legislation that regulates all the different ways to handle property, such as the types of property, how to handle property disputes and property contract rules.

  • Insurance law

    The law and legislation concerning the policies of transferring risks or losses from one party, the insured, to another, the insurer, in exchange for a periodic payment. This includes the regulation of insurance claims and the business of insurance.

Skills

  • Examine the conditions of buildings

    Monitor and assess the conditions of buildings in order to detect faults, structural problems, and damages. Assess general building cleanliness for grounds maintenance and real estate purposes.

  • Analyse insurance risk

    Analyse the probability and size of the risk that is to be insured, and estimate the value of movable or immovable property of the client.

  • Compare property values

    Obtain information on the value of properties comparable to a property which is in need of valuation in order to make more accurate appraisals and assessments, or to set or negotiate the price at which the property can be sold or leased.

  • Advise on property value

    Advise property owners, real estate professionals, or prospective clients in real estate on the current monetary value of a property, the potential of development in order to increase the value, and other relevant information concerning the property's value in the future developments of the real estate market.

  • Obtain financial information

    Gather information on securities, market conditions, governmental regulations and the financial situation, goals and needs of clients or companies.

  • Make an inventory of fixtures

    Draw up a detailed overview of the fixtures, fittings and furnishings present in the accommodation.

  • Collect property financial information

    Collect information concerning the previous transactions involving the property, such as the prices at which the property had been previously sold and the costs that went into renovations and repairs, in order to obtain a clear image of the property's value.

  • Organise a damage assessment

    Organise a damage assessment by indicating an expert to identify and examine the damage, give information and instructions to experts and follow up on the experts, and write a damage report.

  • Perform property market research

    Research properties in order to assess their usefulness for real estate activities, using various methods such as media research and visitation of properties, and identify the potential profitability in the development and trading of the property.

  • Value properties

    Examine and evaluate land and buildings in order to make valuations about their price.

Optional knowledge and skills

concurrent estate building codes check construction compliance fire safety regulations communicate problems to senior colleagues analyse insurance needs advise on risk management compile appraisal reports read standard blueprints construction methods architecture regulations provide information on properties perform field research