Real Estate Appraiser  What They Do

Just the Facts

Appraisers, Real Estate Career Video

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

This career is part of the Government and Public Administration cluster Revenue and Taxation pathway.

A person in this career:

  • Computes final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Prepares written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Collects and analyzes relevant data to identify real estate market trends.
  • Inspects properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
  • Examines income records and operating costs of income properties.
  • Evaluates land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
  • Searches public records for transactions such as sales, leases, and assessments.
  • Checks building codes and zoning bylaws to determine any effects on the properties being appraised.
  • Verifies legal descriptions of properties by comparing them to county records.
  • Interviews persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.

Insider Info

Dig into the details and check out what people in this job have to say about their work.

Working Conditions and Physical Demands

People who do this job report that:

  • You would often handle loads up to 10 lbs., sometimes up to 20 lbs. You might do a lot of walking or standing, or you might sit but use your arms and legs to control machines, equipment or tools.
  • Work in this occupation requires being inside most of the time
  • Work in this occupation requires being outside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly at a distance
  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Irregular hours
  • Overtime work
  • Weekend work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Appraiser --
  • Certified Real Estate Appraiser --
  • Certified Residential Real Estate Appraiser --
  • Commercial Real Estate Appraiser --
  • Real Property Appraiser --
  • Residential Fee Appraiser --
  • Residential Real Estate Appraiser --
  • Staff Appraiser --
  • Valuation Consultant --