Description
Property appraisers undertake detailed analysis and investigation of properties in order to determine their value for sales, mortgage and insurance purposes. They compare the value of properties taking into account the age, actual state of property, its quality, repairs needed and overall sustainability. Property appraisers make an inventory of fixtures, compose a schedule of condition of property and prepare appraisal reports for both commercial and residential properties.
EssentialOptional
Theoretical Knowledge
Practical Skills
analyse insurance riskadvise on property valuecompare property valuesperform property market researchobtain financial informationexamine the conditions of buildingscollect property financial informationmake an inventory of fixturesvalue propertiesorganise a damage assessmentanalyse insurance needsprovide information on propertiescheck construction complianceread standard blueprintscompile appraisal reportsperform field researchcommunicate problems to senior colleaguesadvise on risk management