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APPRAISERS AND ASSESSORS OF REAL ESTATE
An Occupation in
 
Occupation Description:
 
  Appraise real property and estimate its fair value. May assess taxes in accordance with prescribed schedules.
 
  Specialized Occupations:
 
 
  * Assessors (ONET code: 13-2021.01)
 
   Appraisers, Real Estate (ONET code: 13-2021.02)
 
 
  Occupation Description:
 
  Appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes.
 
 
  Typical Tasks:
 
 
  • Collect and analyze relevant data to identify real estate market trends.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Search public records for transactions such as sales, leases, and assessments.
  • Inspect properties to evaluate construction, condition, special features, and functional design, and to take property measurements.
  • Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  • Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
 
 
  Skills:
 
 
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents..
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems..
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times..
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one..
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience..
  • Speaking - Talking to others to convey information effectively..
  • Mathematics - Using mathematics to solve problems..
 
 
  Knowledge:
 
 
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming..
  • Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads..
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process..
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction..
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources..
 
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Education & Training:
 
  Bachelor's degree
 
      View Related Programs on Connecticut's Education & Training ConneCTion site
 
License Authority for Real Estate Appraiser:  (License details)
 
  Department of Consumer Protection
Occupational & Professional Licensing
165 Capitol Avenue
Room #110
Hartford, CT   006106 -01630
(860) 713-6135
email: dcp.licenseservices@ct.gov
www.ct.gov/dcp/opld

 
Wage Information:
 
  Sorry, wage information is not available for this occupation.
 
Occupation Outlook:
 
 
Region Employment Average Annual Growth Rate Average Annual Job Openings
2016 2026
State of Connecticut 1,390 1,480 0.6% 101
 
 
Chart of Growth Rate and Annual Openings   Employment in this occupation is expected to grow about as fast as average, but the number of annual openings will offer good or favorable job opportunities.
Key:
  N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821
 
Similar Occupations:
 
 
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