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)
Documents and maintains accurate internal records based on established procedures.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Conducts inspections with management to provide and document corrective actions.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Maintains accurate records of training management to preserve throughout the life cycle.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Manages record management procedures to ensure better traceability.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Creates a tracking system for record management to support continuous process improvement.
See 4 More Skill Behaviors
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)
Documents the capital budgeting techniques used to select the organization's best investments.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Identifies and reports capital requirements for budgeting to management.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Participates in the capital funding plan and budgeting process to ensure appropriate resource allocation.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Leads the facilitation of capital budgeting analysis to select projects that drive the organization's future profits.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes and implements standards and capital budgeting processes to ensure accurate cash flow projections.
See 4 More Skill Behaviors
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Conducts basic research to identify current industry trends and best practices.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Participates in various company events to gain information about current business operations.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Provides training to others about new techniques and strategies for effective data collection.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops best practices and programs to improve data collection across our business.
See 4 More Skill Behaviors
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Conducts basic validation and cross-checking to test the profitability of business ideas.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Utilizes computer software to generate tables and graphs to report business findings.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Designs charts to present proposals and calculations to minimize risks and maximize profitability.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Forecasts economic conditions through business math to determine strategic business modifications.
See 4 More Skill Behaviors
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.