Appraiser Job Description
Appraiser
provides leadership and serve as a senior member of the Appraisal Team in the specialty appraisal area for valuation and front-end guidance/consulting for the Appraisal, Agribusiness Capital, Retail Commercial, and Regional Lending Teams for large, complex, and non-typical properties.
Appraiser Duties & Responsibilities
To write an effective appraiser job description, begin by listing detailed duties, responsibilities and expectations. We have included appraiser job description templates that you can modify and use.
Sample responsibilities for this position include:
Evaluates and maintains appraisal review standards, guidelines, techniques, and methods for conformance with policies, procedures, and applicable laws and regulations
Evaluates quality measurements, appraisal and vendor performance through the use of reports and other management tools
Ensure procedures are documented, compliant with applicable laws and regulations, and updated as needed
Oversee the review and approval of new products, promotions, services, according to established compliance review procedures
Stays current on regulation changes
Orders all commercial real estate appraisals
Reviews environmental reports and provides assistance to lenders on environmental issues
Inspect property and interview market participants along with a Senior Appraiser
Review and analyze appraisal reports to validate that the appraised value was based on appropriate appraisal methodology and that a reconciliation was completed
Draft meaningful communications to appraiser that addresses all issues and / or concerns and establishes service level expectations
Appraiser Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Appraiser
List any licenses or certifications required by the position: ASE, AED, CPR, ICAR, ASA, CAR, SAMA, USPAP, ME201-202-203-204, ASD
Education for Appraiser
Typically a job would require a certain level of education.
Employers hiring for the appraiser job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Real Estate, Finance, Economics, Business, MBA, Education, Technical, Accounting, Mathematics, Real Estate Law
Skills for Appraiser
Desired skills for appraiser include:
Insurance procedures and requirements
Terminology and vehicle construction
Automobile parts and repair techniques
Microsoft Office products
Internet search skills
Appraisal methods
Building standards
Land appraisal and building cost estimating methods
Methods
Research principles
Desired experience for appraiser includes:
Working knowledge in USPAP, FIRREA and other federal real estate related regulations and understanding how regulations apply to real world lending scenarios
Must be a licensed or certified Residential appraiser in either for OR, WA or CA
Typically requires a Bachelors degree in Business Administration or Real Estate with a California Real Estate Appraiser License, or equivalent, and 3 years of appraisal experience
Evaluates the physical damage to clients' vehicles
Completes appraisals and returns to internal Claims analysts
Communicate with Claims Analyst to ensure files are completed promptly
Appraiser Examples
1
Appraiser Job Description
Job Description Example
Our company is growing rapidly and is looking for an appraiser. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for appraiser
- Increased responsibility for independent decisions of business significance to investors regarding the collateral risk of the property for purposes of lending and provides professional guidance for panel appraisers in a vendor support capacity
- Provides Supplier Management Team with Quality Ratings for Appraiser Panel and updates accordingly aligned to regulatory guidelines
- Creates detailed narrative reports for use by Company’s clients in defense of valuation repurchase demands
- Experience in defending appraisals before GSEs and/or with investors present.Act as team lead in absence of Supervisor (but will not have direct reports or performance management duties)
- Perform ongoing tasks related to the management of the vendor panel, resolution of transactional issues and quality control
- Monitor performance, adjust profile settings and provide coaching to valuation vendors on a national level
- Review completed appraisal reports and various reporting to monitor vendor performance and to ensure compliance with our policy and procedures
- Conduct performance discussions with vendors, coach and provide clarity surrounding our expectations
- Maintain communication with and act as a resource to our vendors
- Complete special projects as assigned by their manager
Qualifications for appraiser
- A minimum of 2 years of direct experience either appraising automobile damages or working in an automobile body shop
- Strong technical knowledge of automobile bodywork and mechanical repairs
- Have strong client orientation, sound problem solving skills and effective negotiation skills
- Ability to be mobile within Grater Toronto Area
- Valid driving licence with an excellent record
- Solid computer skills and knowledge of Mitchell System
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Appraiser Job Description
Job Description Example
Our company is looking to fill the role of appraiser. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for appraiser
- Interview market participants on transaction activity and market trends
- Analyzes past revenue and expense performance and projects a stabilized operating statement with significant input from Sr
- Identifies value to be estimated by studying appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale
- Determines valuation method by selecting approach and techniques for valuing property, , cost, direct sales comparison, and income capitalization
- Maintains organizational reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP)
- Develop new business primarily through in-person contacts, phone calls, canvassing and follow-up to include
- Report and update supervisor on calling program status
- Examines damaged vehicles to determine interior/exterior repair costs for claim settlements
- Utilizes standard automotive labor and parts databases or manuals to determine replacement costs
- Interprets client’s special instructions to accurately handle claims
Qualifications for appraiser
- Completion of CIP
- 2+ years of experience in appraising and/or reviewing appraisals for commercial and residential real estate properties
- State certification not required, but should be working toward certification
- Expert knowledge of Residential Appraisal industry through experience as an appraiser with a proven track record of professional practice
- Have achieved a minimum of Certified Residential Appraiser (CRA) designation
- Minimum of two years’ experience as a designated appraiser completing various residential inspections
3
Appraiser Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of appraiser. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for appraiser
- Prepares reports/documents for appropriate personnel as required
- Records case time/billings
- Lease-end inspections
- Establishes loss/cash value
- Solicits business locally when called upon to do so
- Utilizes standard labor and parts databases or manuals to determine replacement costs
- Prepares appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed
- Communicate with management regarding AMC and appraiser quality control, SLA compliance, escalated issues, and department performance
- Work with Certified Appraisers in handling appraisal appeals, value disputes, and quality control issues
- Complete desktop valuation reports
Qualifications for appraiser
- Knowledge of Bank Mortgage and credit products
- Superior relationship management capabilities in dealing with key internal and external partners including RESL Product Group, retail Risk Management, sales channel and appraisal vendors
- Ability to identify appraisal control weaknesses, escalate emerging issues and develop action plans to mitigate risk
- Technical proficiency with PC software including MS Office
- Ability to quickly understand complex information and communicate in a concise and straightforward manner
- Leadership and relationship building capabilities
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Appraiser Job Description
Job Description Example
Our company is looking to fill the role of appraiser. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for appraiser
- Attend weekly and monthly Desktop Dept
- Prepares complex appraisal reports
- Completes formal rebuttal letters
- Reviews the work of junior level appraisal associates
- In some instances, where appropriate, this appraiser could be the sole signatory on an appraisal report, but the supervising Senior Appraiser will review the report
- Participates in client contact meetings in the proposal/bidding process
- Understands all necessary software programs used within the department
- Maintain familiarity with necessary data sources
- Examines damaged vehicles through photographs to determine interior/exterior repair costs for claim settlements
- Manages caseload of open files, diary system, and reports on time to clients
Qualifications for appraiser
- State Certification or Licensed Real Estate Appraiser
- Must be licensed as an Appraiser
- Must meet federal standard under Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIRREA”)
- Minimum Licensed Appraiser
- Knowledge of various client programs, including expectations set forth in client contracts, SLAs
- Strong knowledge of Word, Excel, PowerPoint and Windows, internal valuation tools/applications
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Appraiser Job Description
Job Description Example
Our company is growing rapidly and is hiring for an appraiser. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for appraiser
- Recruit Appraisers for the AppraiserPlus program
- Assist in the proper use and understanding of the QX review utility by panel appraisers
- Monitor AppraiserPlus program metrics and provide feedback to the A+ appraisers for program adherence
- Provide maintenance and support for the AppraiserPlusprogram
- Handle overflow inbound and outbound calls from appraisers
- Receive and review appraiser’s performance metrics
- Discuss vendor network disciplinary issues
- Order and geographic specific vendor recruitment
- Receive and review vendor documentation for accuracy and upload to profile
- Maintain maximum ACD-Vendor availability
Qualifications for appraiser
- Must be able to use a calculator for mathematical calculations
- This position requires the associate to drive and perform Appraisals in the field
- Basic proficiency in Excel, Word and Argus
- Intermediate Microsoft Outlook, Word, and Excel software experience
- Have achieved a minimum of Certified Residential Appraiser (CRA) designation with a minimum of five years of experience as a designated appraiser completing various residential inspections
- Real estate and lending industry knowledge Understanding of Real Estate Lending Policies Credit policy