What does a Residential Appraiser do?
Learn all about Residential Appraiser duties, skills and much more. Get expert advice on how to become a Residential Appraiser.
Published 3 min read
A residential appraiser is a professional who provides an estimate of the value of a home.
Residential Appraiser job duties include:
- Research and analyze property data
- Inspect properties
- Gather and analyze market data
- Determine property value
- Prepare appraisals
- Meet with clients
- Present findings
- Write reports
- Keep abreast of market trends
Residential Appraiser Job Requirements
Most residential appraisers have at least an associate's degree, although a bachelor's degree is preferred. Certification is not required, but it may give appraisers an edge when competing for jobs. Appraisers must have several years of experience in the field before they can become certified.
Residential Appraiser Skills
- Analytical skills
- Communication skills
- Organizational skills
- Research skills
- Writing skills
- Critical thinking skills
- Problem-solving skills
- Observation skills
- Attention to detail
- Interpersonal skills
- Time management skills
How to become a Residential Appraiser
A residential appraiser is someone who provides an estimate of the value of a home or property. There are many different ways to become a residential appraiser, but most require some level of education and experience in the field.
The first step to becoming a residential appraiser is to complete an accredited appraisal education program. These programs typically take between two and four years to complete, and cover topics such as real estate law, market analysis, and appraisal methods. Many states also require appraisers to pass a state-specific exam before they can begin working.
Once you have completed your education and passed any required exams, you will need to gain experience working in the field. Many appraisers start out working as assistants to more experienced professionals, learning the ropes and gaining valuable on-the-job experience. After a few years, you may be able to start your own appraisal business or work for a larger firm.
No matter what path you take to becoming a residential appraiser, ongoing education is important to keep up with changes in the industry and maintain your skills. Appraisers who are members of professional organizations such as the National Association of Realtors often have access to the latest resources and information.
Related: Residential Appraiser Resume Example