Skills & Competencies for Appraiser II (Commercial Real Estate)

Appraiser II (Commercial Real Estate) job profile

Book a Demo and Receive a Sample Job Profile

JOB SUMMARY for Appraiser II (Commercial Real Estate)

Conducts simple to moderately complex appraisals and property ratings to establish market values that guide investments in real estate equity and loans.

JOB RESPONSIBILITIES for Appraiser II (Commercial Real Estate)

Prepares detailed reports including descriptions of properties, relevant market conditions, and estimates of property values. Ensures that reports comply with bank policy and applicable regulations.

Appraiser II (Commercial Real Estate) SALARY RANGE

BASE 50%
$71,846
TOTAL 50%
$74,777
Job Level
P02
Job Code
FA06000335
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Appraiser II (Commercial Real Estate) Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Appraiser II (Commercial Real Estate) skill and competencie below to view definitions.
INDUSTRY COMPETENCIES CORE COMPETENCIES
BOOK A DEMO

8 hard skills or competencies (industry competencies) for Appraiser II (Commercial Real Estate)

1 Industry Competency – Financial Services Industry
Proficiency Level -2
Skill definition-Provides financial consulting or advisory services in industry trends, regulatory considerations, financial planning and investment advising.
Level 1 Behaviors
(General Familiarity)
Explains the organizational benefits of integrating digital technologies in financial services.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Responds to customers' inquiries regarding various financial products and services.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Reviews customer accounts to identify and make required adjustments in their financial plans.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors market conditions and economic trends to develop successful investment portfolios for clients.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Generates innovative solutions to mitigate financial service delivery and compliance risks.
See 4 More Skill Behaviors
2 Industry Competency – Financial Markets
Proficiency Level -2
Skill definition-Knowledge of principles and economic indexes in various financial markets such as stock, bond, derivatives and international financial market.
Level 1 Behaviors
(General Familiarity)
Explains the main function and role of financial markets in the global economy development.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Follows established sales and trading procedures on selling financial assets.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Researches trends in financial market concentration to determine the implications of changes to market stability.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Shares financial market trends and future perspectives for a particular financial instrument with clients.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Discusses the implication of financial market related laws and regulations with executive management.
See 4 More Skill Behaviors
3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Appraiser II (Commercial Real Estate)

1 Core Competencies – Gathering Information
Proficiency Level -2
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Lists the principles and procedures of gathering information.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Determines the source of information to verify its reliability.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Uses survey results to identify areas that need improvement within our business.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Recommends improvement of our business's records retention program.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Generates innovative plans for curating and managing gathered information from different sources.
See 4 More Skill Behaviors
2 Core Competencies – Attention to Detail
Proficiency Level -2
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Lists best practices and tools to maintain high accuracy and thoroughness in the workplace.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Uses checklists to ensure that information goes out error-free.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Suggests solutions to issues that arise while executing the tasks.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Employs techniques for motivating personnel to meet or exceed accuracy goals.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Leads the creation of tools for enhancing and assuring accuracy.
See 4 More Skill Behaviors
3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

Summary of Appraiser II (Commercial Real Estate) skills and competencies

There are 8 hard skills for Appraiser II (Commercial Real Estate), Financial Services Industry, Financial Markets, Financial Instruments, etc.
0 general skills for Appraiser II (Commercial Real Estate).
8 soft skills for Appraiser II (Commercial Real Estate), Gathering Information, Attention to Detail, Honesty And Integrity, etc.
While the list totals 16 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Appraiser II (Commercial Real Estate), he or she needs to be proficient in Gathering Information, be proficient in Attention to Detail, and be proficient in Honesty And Integrity.

It's Easy to Get Started

Get the precision you need to assess, hire, and develop top talent with skills and competencies – see how with a personalized demo.