Many factors are considered when determining the worth of particular pieces of property, including location, condition, and the property's intended use. Real estate appraisers/assessors are responsible for assessing the value of properties and making sound judgements of their worth.
One way real estate appraisers determine a property's value is by conducting field tests which involve close measurements of the actual property. Another way is by collecting a variety of data, such as financial records, tax records, and records of previous owners, which must be combined and analyzed to make an accurate assessment.
A bachelor's degree in a real estate field and certification or licensing from the government are generally required for this position, and prior experience in the industry is highly beneficial. There are also several computer programs which must be used to view and create records for assessed properties, such as Microsoft Excel and Microsoft Access.
Real Estate Appraiser/Assessor Tasks
Investigate to figure out the value of property and the amount of taxes the owners owe.
Identify the owners of property and notify them of assessed property values and taxes.
Conduct inspections of properties and maintain a database of gathered information.