6 general skills or competencies (Job family competencies) for Appraiser (Residential Real Estate)
Skill definition-Managing and preserving records to help an organization keep the documentation accessible for both business operations and compliance audits.
Level 1 Behaviors
(General Familiarity)
Compiles a list of issues and concerns for secured and accurate record keeping.
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Level 2 Behaviors
(Light Experience)
Collects data to prepare management reports of production results.
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Level 3 Behaviors
(Moderate Experience)
Handles record management assessments to identify any areas for improvement.
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Level 4 Behaviors
(Extensive Experience)
Audits recordkeeping entries to track and monitor implementation and sustainment progress.
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Level 5 Behaviors
(Mastery)
Adapts your organization with new approaches to improve records and information management.
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Skill definition-Evaluating and measuring the project's value throughout its life cycle to determine the most advantageous return on investment options.
Level 1 Behaviors
(General Familiarity)
Cites examples of the capital budgeting process used in formulating appropriate investment strategies.
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Level 2 Behaviors
(Light Experience)
Applies knowledge of budgeting processes to assist with the development of site capital and expense budgets.
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Level 3 Behaviors
(Moderate Experience)
Analyzes capital budgeting requests to ensure compliance with ROI justification.
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Level 4 Behaviors
(Extensive Experience)
Directs planning and budgeting processes for capital improvements to evaluate ROI.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and techniques to streamline capital budgeting and forecasting.
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7 soft skills or competencies (core competencies) for Appraiser (Residential Real Estate)
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Explains the use of surveys and interviews in gathering the necessary information.
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Level 2 Behaviors
(Light Experience)
Conducts basic research to identify current industry trends and best practices.
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Level 3 Behaviors
(Moderate Experience)
Participates in various company events to gain information about current business operations.
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Level 4 Behaviors
(Extensive Experience)
Provides training to others about new techniques and strategies for effective data collection.
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Level 5 Behaviors
(Mastery)
Develops best practices and programs to improve data collection across our business.
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Skill definition-Analyzing and managing business operations using business math functions to make informed financial decisions and improve business performance.
Level 1 Behaviors
(General Familiarity)
Documents mathematical techniques and models used to analyze business data.
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Level 2 Behaviors
(Light Experience)
Conducts basic validation and cross-checking to test the profitability of business ideas.
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Level 3 Behaviors
(Moderate Experience)
Utilizes computer software to generate tables and graphs to report business findings.
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Level 4 Behaviors
(Extensive Experience)
Designs charts to present proposals and calculations to minimize risks and maximize profitability.
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Level 5 Behaviors
(Mastery)
Forecasts economic conditions through business math to determine strategic business modifications.
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Summary of Appraiser (Residential Real Estate) skills and competencies
There are 0 hard skills for Appraiser (Residential Real Estate).
6 general skills for Appraiser (Residential Real Estate), Records Management, Capital Budgeting, Property Acquisition, etc.
7 soft skills for Appraiser (Residential Real Estate), Gathering Information, Business Math, Attention to Detail, etc.
While the list totals 13 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 (Residential Real Estate), he or she needs to be proficient in Gathering Information, be proficient in Business Math, and be proficient in Attention to Detail.