What is a desk review appraiser job?
If you have ever bought or sold a property, you may have heard of a desk review appraiser job. A desk review appraiser is a professional who evaluates a property's value by researching the property's data and comparing it to similar properties in the area. This type of appraisal is usually done remotely, without physically visiting the property. Desk review appraisers provide an objective opinion of a property's value to lenders, investors, and other stakeholders in the real estate industry.
What usually do in this position?
Desk review appraisers are responsible for reviewing reports, analyzing data, and preparing appraisals. They work with real estate agents, brokers, and lenders to determine the value of a property. In this position, they may also be responsible for conducting research, analyzing market trends, and staying up-to-date on industry regulations and standards. They often work independently, but may also collaborate with other professionals in the real estate industry.
Top 5 skills for position
- Analytical skills
- Attention to detail
- Communication skills
- Knowledge of property appraisal methods and techniques
- Computer literacy
How to become this type of specialist?
To become a desk review appraiser, you typically need a bachelor's degree in a related field, such as real estate, finance, or economics. You will also need to complete coursework in appraisal methods and techniques and gain experience in the field. Many states require appraisers to be licensed or certified, which typically involves passing an exam and completing continuing education courses. It is also important to stay up-to-date on industry regulations and standards to maintain your credentials and ensure you are providing accurate appraisals.
Average salary
The average salary for a desk review appraiser varies depending on the location, experience, and credentials of the appraiser. According to the Bureau of Labor Statistics, the median annual wage for real estate appraisers and assessors was $57,010 as of May 2020.
Roles and types
Desk review appraisers work in a variety of roles within the real estate industry. Some work for lenders, providing appraisals for mortgage loans. Others work for appraisal management companies, which contract with lenders to provide appraisal services. Some appraisers work for government agencies, such as tax assessors' offices, while others work for private companies or as independent contractors.
Locations with the most popular jobs in USA
According to the Bureau of Labor Statistics, California, Texas, and Florida have the highest employment levels for real estate appraisers and assessors. However, desk review appraiser jobs can be found throughout the country, particularly in areas with a strong real estate market.
What are the typical tools?
Desk review appraisers use a variety of tools to complete their work, including appraisal software, property data sources, and communication tools. They may also use mapping tools and other resources to research the property and its surrounding area.
In conclusion
If you have a passion for real estate and enjoy analytical work, a desk review appraiser job may be a great career choice for you. With the right education, experience, and credentials, you can provide valuable insight into the value of properties and help support the real estate industry.