Collateral Appraiser conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Collateral Appraiser performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Collateral Appraiser uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Collateral Appraiser occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Collateral Appraiser typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Summary of Position:
This position is responsible for the appraisal of real property values. Determines appropriate property values for real estate tax purposes. Performs property inspections and analyzes property characteristics; verifies property information; creates sketches; takes detailed field notes; photographs properties. Compiles and analyzes physical characteristics, including materials, dimensions, conditions, and other identifiable factors. Transfers collected notes, sketches, and photographs into a computerized database. Compiles and analyzes market sales data for ratio statistics of real property for application and determination of appraisal methods to apply to properties. Values land by recording and tracking sales and performing related calculations. Discusses assessments with property owners. Ability to perform the duties in an office and outdoors, occasionally in cold or inclement weather. Performs related duties.
Knowledge of the principles and practices of property appraisal. Knowledge of local, state, and federal laws, regulations, and codes related to ad valorem taxation. Knowledge of building construction practices. Knowledge of trends in the real estate market. Knowledge of the geographic layout of the City. Knowledge of plat processes and zoning restrictions. Knowledge of computers and job related software. Skill in problem solving. Skill in prioritizing and planning. Skill in interpersonal relations. Skill in oral and written communication.
Real Property Appraiser Full Job Description
Required Documents to Attach:
Minimum Qualifications:
Sufficient experience to understand the basic principals relevant to the major duties of the position. Prefer 3 years experience in real estate property appraisal and assessment or a closely related field.
City of Bismarck Benefits Summary
Special Requirements:
Possession of or ability to readily obtain a valid driver's license issued by the State of North Dakota for the type of vehicle or equipment operated. Possession of or ability to readily obtain City Assessor Certification from the State of North Dakota.
Additional Information:
Candidates must complete the in-basket management exam.
Must be legally authorized to work in the United States. No sponsorships considered. Subject to pre-employment drug testing and background checks.
The City of Bismarck is an Equal Opportunity Employer.
*For technical issues please contact recruiting at 701-355-1333 or email kduncan@bismarcknd.gov
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