Skills & Competencies for Appraiser II (Commercial Real Estate)

Appraiser II (Commercial Real Estate) job profile

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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
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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)
Identifies the industry laws and regulations governing the financial services industry.
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Level 2 Behaviors
(Light Experience)
Responds to customers' inquiries regarding various financial products and services.
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Level 3 Behaviors
(Moderate Experience)
Reviews customer accounts to identify and make required adjustments in their financial plans.
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Level 4 Behaviors
(Extensive Experience)
Monitors market conditions and economic trends to develop successful investment portfolios for clients.
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Level 5 Behaviors
(Mastery)
Generates innovative solutions to mitigate financial service delivery and compliance risks.
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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)
Names commonly traded financial instruments and associated trading regulations.
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Level 2 Behaviors
(Light Experience)
Follows established sales and trading procedures on selling financial assets.
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Level 3 Behaviors
(Moderate Experience)
Utilizes valuation models, reviews financial reports to monitor the performance of the capital market portfolios.
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Level 4 Behaviors
(Extensive Experience)
Shares financial market trends and future perspectives for a particular financial instrument with clients.
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Level 5 Behaviors
(Mastery)
Implements metrics to measure stock market performance and total returns to shareholders.
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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)
Names commonly used tools and techniques for data collection.
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Level 2 Behaviors
(Light Experience)
Obtains needed information by asking skillful and persistent questions.
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Level 3 Behaviors
(Moderate Experience)
Utilizes various tools and technologies to validate information acquired from different sources.
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Level 4 Behaviors
(Extensive Experience)
Synthesizes information from various sources to enable strategic decision-making by our leadership.
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Level 5 Behaviors
(Mastery)
Generates innovative plans for curating and managing gathered information from different sources.
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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 the traits of an employee showing great attention to detail.
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Level 2 Behaviors
(Light Experience)
Uses checklists to ensure that information goes out error-free.
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Level 3 Behaviors
(Moderate Experience)
Suggests solutions to issues that arise while executing the tasks.
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Level 4 Behaviors
(Extensive Experience)
Manages training to improve staffs' concentration and attention to detail.
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Level 5 Behaviors
(Mastery)
Learns from previous works' strengths and weaknesses to guide new projects.
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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.

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