Skills & Competencies for Appraiser III (Commercial Real Estate)

Appraiser III (Commercial Real Estate) job profile

JOB SUMMARY for Appraiser III (Commercial Real Estate)

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

JOB RESPONSIBILITIES for Appraiser III (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 III (Commercial Real Estate) SALARY RANGE

BASE 50%
$91,839
TOTAL 50%
$95,241
Job Level
P03
Job Code
FA06000336
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Appraiser III (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 III (Commercial Real Estate) skill and competencie below to view definitions.

8 hard skills or competencies (industry competencies) for Appraiser III (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.
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Level 2 Behaviors
(Light Experience)
Gathers client information to provide investment options that align with their needs.
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Level 3 Behaviors
(Moderate Experience)
Prepares and schedules meeting with clients to offer personalized financial advice and strategies.
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Level 4 Behaviors
(Extensive Experience)
Manages customers' equity and bond portfolios to maximize their return on investments.
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Level 5 Behaviors
(Mastery)
Discusses corporate finance regulatory changes and directs relevant case studies in major industry segments.
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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)
Explains the main function and role of financial markets in the global economy development.
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Level 2 Behaviors
(Light Experience)
Conducts studies of key economic indicators and interest rates that impact financial markets.
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Level 3 Behaviors
(Moderate Experience)
Reports critical KPIs and financial results to help evaluate and benchmark financial market performance.
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Level 4 Behaviors
(Extensive Experience)
Leads the team in pricing and structuring stock trading plan and working out strategy for initial public offering (IPO).
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Level 5 Behaviors
(Mastery)
Discusses the implication of financial market related laws and regulations with executive management.
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3 Appraiser III (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser III (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser III (Commercial Real Estate)
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Appraiser III (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.
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Level 2 Behaviors
(Light Experience)
Determines the source of information to verify its reliability.
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Level 3 Behaviors
(Moderate Experience)
Uses survey results to identify areas that need improvement within our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends improvement of our business's records retention program.
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Level 5 Behaviors
(Mastery)
Establishes procedures for gathering information to anticipate future customer or business needs.
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2 Core Competencies – Attention to Detail
Proficiency Level -3
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.
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Level 2 Behaviors
(Light Experience)
Records all appointments on the calendar to easily track daily activities.
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Level 3 Behaviors
(Moderate Experience)
Sets up processes to ensure delivery of high-quality work.
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Level 4 Behaviors
(Extensive Experience)
Employs techniques for motivating personnel to meet or exceed accuracy goals.
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Level 5 Behaviors
(Mastery)
Leads the creation of tools for enhancing and assuring accuracy.
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3 Appraiser III (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser III (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser III (Commercial Real Estate)
Proficiency Level - 5

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

There are 8 hard skills for Appraiser III (Commercial Real Estate), Financial Services Industry, Financial Markets, Financial Instruments, etc.
0 general skills for Appraiser III (Commercial Real Estate).
8 soft skills for Appraiser III (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 III (Commercial Real Estate), he or she needs to be proficient in Gathering Information, be skilled in Attention to Detail, and be skilled in Honesty And Integrity.

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