Commercial Real Estate Appraiser II Salary in New Castle, Delaware

The Commercial Real Estate Appraiser II follows standard processes for conducting and documenting on-site property inspections. Conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Being a Commercial Real Estate Appraiser II reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. In addition, Commercial Real Estate Appraiser II 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. Being a Commercial Real Estate Appraiser II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Commercial Real Estate Appraiser II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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