Appraiser (Commercial Real Estate) 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 Appraiser (Commercial Real Estate) 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, Appraiser (Commercial Real Estate) 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 Appraiser (Commercial Real Estate) work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Appraiser (Commercial Real Estate) typically requires 7+ years of related experience. (Copyright 2024 Salary.com)
Description
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A Commercial Real Estate Agent is an Independent Contractor paid commissions at completion of sale & lease transactions. A TOK agent is responsible for assisting clients in buying, selling, and leasing commercial properties including but not limited to office buildings, retail spaces, industrial facilities, and land. Multifamily, income, owner/user and storage facility properties may also be sold by TOK agents.
As a Commercial Real Estate Agent, a typical day includes performing these essential duties and responsibilities:
Requirements
Essential knowledge, skills, and abilities needed to succeed: