Collateral Appraiser conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Collateral Appraiser performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Collateral Appraiser uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Collateral Appraiser occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Collateral Appraiser typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Fast paced individual who can deal with property owners in collecting field data and accurately transfer those figures into a computer program to calculate assessed valuations for residential properties. Time will be split between office work and field work. Field work will consist of working with property owners to measure properties and gather listing information. Must be a self starter, detail oriented individual, and work well with others. Background in appraisal work is desired but not required.
Responsibilities:
Individual will accurately measure the exterior of buildings, inspect the interior of the buildings recording construction details. After collection, individual is responsible for information getting accurately entered into the CAMA system. Individual will work with other residential appraisers to conduct area reviews by driving and walking residential neighborhoods. Individual will also need to answer the phone and communicate with properties owners in person, through email, and phone calls.
Job Type: Full-time
Pay: From $26.88 per hour
Expected hours: 40 per week
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Work Location: In person