Appraisers are unbiased experts who check the quality and condition of
a property. They take measurements, search public records of sales, leases
and assessments, and compare a home with similar properties to determine how
much it's worth.
They also must consider location, potential income, current market conditions
and trends that could influence the present and future value of the property.
The information they file must meet national standards that govern appraisals.
Most appraisers work a 40-hour week, but 25 percent log at least 50 hours.
Evenings and weekends are sometimes necessary to suit clients. Appraisers
work in offices, but head outdoors when they inspect properties.
"This can be very stressful at times," says appraiser Glen Power. "I'm
basically working around the clock right now with a special appraisal that
needs a report of about 150 pages. It's quite a task."
"You need to be able to work independently and like to set your own schedule,"
says Judy Malatesta, an appraiser in Pennsylvania. "You need to get things
out in a timely manner, and sometimes you'll need to push yourself because
no one is looking over your shoulder."
Before you decide to become an appraiser, make sure you know what's involved,
advises appraiser James Rokeby. "Take a serious look at the want ads and talk
to your friends and your parents to find out what sort of job situations are
in the most demand. Find one that you feel might suit your talents and get
the education required."