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.
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Level 2 Behaviors
(Light Experience)
Conducts inspections with management to provide and document corrective actions.
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Level 3 Behaviors
(Moderate Experience)
Maintains accurate records of training management to preserve throughout the life cycle.
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Level 4 Behaviors
(Extensive Experience)
Integrates program management to improve the efficiency of record management.
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Level 5 Behaviors
(Mastery)
Conceptualizes strategic plans for records and practices to streamline communication and workflow.
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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)
Describes the importance of evaluating investment proposals in capital budgeting.
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Level 2 Behaviors
(Light Experience)
Assists in analyzing capital improvement documentation, including budgeting and estimating project costs.
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Level 3 Behaviors
(Moderate Experience)
Participates in budgeting to recommend new capital equipment investments to senior management.
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Level 4 Behaviors
(Extensive Experience)
Facilitates in-depth capital budgeting analysis on projects and investments to abstain from over and under-investing.
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Level 5 Behaviors
(Mastery)
Designs and develops financial models to support budgeting and capital allocation decisions.
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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)
Describes the importance of gathering relevant information in making informed business decisions.
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Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
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Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
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Level 5 Behaviors
(Mastery)
Designs a system for monitoring the effectiveness of data-gathering channels.
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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)
Describes the key principles of business math used to assess the business's financial performance.
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Level 2 Behaviors
(Light Experience)
Compiles and reports statistical data to support business decisions and analysis.
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Level 3 Behaviors
(Moderate Experience)
Performs business math calculations to measure price estimates and calculate gross profit margins.
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Level 4 Behaviors
(Extensive Experience)
Delivers training sessions on business math to evaluate and manage financial performance accurately.
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Level 5 Behaviors
(Mastery)
Creates mathematical models in developing business decisions to improve financial performance.
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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.