Appraisers and Assessors of Real Estate

# 388 overall · better than 55.4% of other jobs
2.3
Low to No Risk
33.3% tasks are partially/fully automatable
2/5
Automatability
2/5
Technical Feasibility
2/5
Emotional Intelligence
2/5
Physical Requirements
2/5
Forgivability
3/5
Ethics
3/5
Economic Incentive
The role of Appraisers and Assessors of Real Estate involves significant human expertise, judgment, and client interaction that current AI cannot fully replicate. While there are opportunities for partial automation, the job's complexity and need for human oversight limit the potential for complete displacement.

Median Salary: $61,630

Traits: 0

Tasks performed as Appraisers and Assessors of Real Estate

Low to No Risk
19
Moderate Risk
2
High Risk
8
Extreme Risk
1
  • 2.2Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • 2Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • 2.4Inspect new construction and major improvements to existing structures to determine values.
  • 2.7Collect and analyze relevant data to identify real estate market trends.
  • 0.5Explain assessed values to property owners and defend appealed assessments at public hearings.
  • 1.5Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
  • 1.5Explain real and personal property taxes to property owners.
  • 2Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
  • 1.5Establish uniform and equitable systems for assessing all classes and kinds of property.
  • 1.8Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
  • 1.6Maintain familiarity with aspects of local real estate markets.
  • 2Check building codes and zoning bylaws to determine any effects on the properties being appraised.
  • 1.1Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
  • 2.5Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  • 2.2Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
  • 2.3Estimate building replacement costs, using building valuation manuals and professional cost estimators.
  • 2.5Draw land diagrams to be used in appraisal reports to support findings.
  • 0.5Testify in court as to the value of a piece of real estate property.
  • 2Determine taxability of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis.

33.3% of Appraisers and Assessors of Real Estate tasks can be automated with AI or robotics

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Appraisers and Assessors of Real Estate

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