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Appraiser skills for your resume and career

Updated January 8, 2025
4 min read
Appraiser Example Skills
Below we've compiled a list of the most critical appraiser skills. We ranked the top skills for appraisers based on the percentage of resumes they appeared on. For example, 12.9% of appraiser resumes contained commercial property as a skill. Continue reading to find out what skills an appraiser needs to be successful in the workplace.

15 appraiser skills for your resume and career

1. Commercial Property

Here's how appraisers use commercial property:
  • Performed vehicle and heavy equipment damage analyses and prepared detailed loss estimates related to personal and commercial property claims.
  • Complete loss analysis and repair estimates for personal and commercial property which is primarily vehicles and heavy equipment.

2. Appraisal Reports

An appraisal report is any written or oral communication from an appraisal, review, or advisory service that is sent to the client at the end of an assignment. The written report is based on the appraiser's examination of the property. It contains much more detail regarding the scope of work and documentation of the investigation.

Here's how appraisers use appraisal reports:
  • Reviewed and analyzed appraisal reports from internal staff and outside fee vendors to ensure accuracy and integrity in determining property valuations.
  • Reviewed, researched, analyzed and collected data for accurate valuation of Residential Real Estate Appraisal Reports and Automatic Valuation Modules.

3. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how appraisers use customer service:
  • Maintained these relationships by providing credible data reports and excellent customer service while offering industry leading turnaround times.
  • Delivered outstanding customer service through efficient and accurate claim processing as well as impressive management of expectations.

4. MAI

Here's how appraisers use mai:
  • Completed commercial appraisal assignments in Illinois under a supervising MAI.
  • Position: Real Estate Appraiser working under Tom McKenzie, MAI, SRPA (deceased).

5. Discounted Cash Flow

Discounted cash flow (DCF) is a form of analysis often used in real estate management and development, investment firms, and valuation of a company's finances or patents. This method attempts to predict the amount of funds one would receive after investing a certain amount of money into a project.

Here's how appraisers use discounted cash flow:
  • Review operators reported lease operating expenses and gas pricing for discounted cash flow analysis.
  • Estimated appreciation when providing a Discounted Cash Flow Analysis.

6. Market Research

Market research is a collective effort to collect information related to a consumer's needs and wants. It is a systematic approach that involves recording and analysis of both qualitative and quantitative data. Market research helps a business to identify a target market correctly and identify the gaps in potential consumer's expectations.

Here's how appraisers use market research:
  • Prepared extensive property and market research; presented findings and recommendations to senior management and clients.
  • Perform residential property inspections, data gathering, data analysis, market research and value determination.

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7. Appeals

Here's how appraisers use appeals:
  • Prepared analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
  • Specialized services include appraisals for eminent domain projects and property tax assessment appeals.
Select Skills To Add To Your Resume

8. Real Property

Real property refers to the land, buildings, and every other physical thing on sight within a marked area of land. It also refers to everything physically and permanently attached to a given parcel of land including the soil. It goes further into the legal documents like the right to ownership, right to sell, lease, and use the land including all the physical assets on it. The term is also related to real estate and can be used interchangeably.

Here's how appraisers use real property:
  • Determine location of real property improvements, allocate value and enter appraisal information on correct parcels.
  • Interviewed, counseled real property and business owners to gather pertinent information.

9. Repair Facilities

Repair facilities provide repair and restoration services for different things such as vehicles, appliances, gadgets, and various equipment and machinery.

Here's how appraisers use repair facilities:
  • Negotiate proper repairs with repair facilities while following company guidelines.
  • Maintain acceptable level of performance of assigned direct repair facilities.

10. USPAP

Here's how appraisers use uspap:
  • Provided detailed written reviews of residential properties ensuring USPAP guidelines, federal regulatory requirements and lender appraisal guidelines were met.
  • Recommended disciplinary actions against appraisers who violated USPAP.

11. Uniform Standards

The uniform standards come in the form of USPAP, which stands for the uniform standards of professional appraisal practice. Established and implemented by the appraisal standards board, the USPAP provides standards and policies for the professionals working in the industry.

Here's how appraisers use uniform standards:
  • Prepared narrative appraisal documents that met the national Uniform Standards of Professional Appraisal Practice requirements.
  • Authored appraisals and other valuation services in conformance with Uniform Standards of Professional appraisal Practice

12. Litigation

Here's how appraisers use litigation:
  • Created significant finding letters for mortgage repurchase litigation.
  • Increased Bank and Mortgage investor/broker client base while building highly-specialized Law Firm clientele as expert witness in complex litigation.

13. Calculation

Here's how appraisers use calculation:
  • Perfumed simple engineering calculation, interpreting and evaluating architectural engineering plans and specifications.
  • Respond to taxpayer questions concerning tax calculations and inconsistencies in reported information.

14. Market Data

Market data is the general term used in relation to financial information required for research, analysis, trading, and accounting of financial instruments of all asset classes in global markets. Market data enables traders and investors to see the latest price and historical trends for various assets, and how to enter and exit trades.

Here's how appraisers use market data:
  • Prepared property drawings and legal descriptions; researched and analyzed market data and other information.
  • Reconciled appraisals, Broker Price Opinions, and secondary-market data to determine current market values for foreclosure strategy and REO pricing.

15. CCC

Here's how appraisers use ccc:
  • Completed auto damage analysis utilizing ADP and CCC estimating systems.
  • Estimated vehicle's physical damages with the software such as Ultra-Mate (Mitchell) and CCC (Pathways) systems.
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List of appraiser skills to add to your resume

The most important skills for an appraiser resume and required skills for an appraiser to have include:

  • Commercial Property
  • Appraisal Reports
  • Customer Service
  • MAI
  • Discounted Cash Flow
  • Market Research
  • Appeals
  • Real Property
  • Repair Facilities
  • USPAP
  • Uniform Standards
  • Litigation
  • Calculation
  • Market Data
  • CCC
  • Repair Process
  • Appraisal Process
  • Appraisal Standards
  • Property Values
  • Review Appraisals
  • Fair Market Value
  • Property Tax
  • FHA
  • Appraisal Assignments
  • Comparable Sales
  • REO
  • Data Collection
  • Appraisal Issues
  • Sketch
  • Residential Properties
  • Repair Estimates
  • HUD
  • Property Appraisals
  • Market Trends
  • Comparable Properties
  • Appraisal Practices
  • GIS
  • Functional Design
  • Tax Purposes
  • Legal Descriptions
  • Residential Real Estate
  • MLS
  • Taxation
  • Review Process
  • BPO
  • Residential Appraisals
  • Subject Property

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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