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)
FIELD APPRAISER – Department of Finance
Salary: $49,672.00
Full/Time: Monday – Friday
Work Week Hours: 8:00 a.m. – 4:00 p.m. (or as assigned)
Position Description:
The Township of Edison is seeking to hire a qualified individual for the position of Field Appraiser for our Tax Assessors office. Under direction, measures and inspects new construction for the purpose of determining the value of new homes, and alterations or additions to existing structures. Calculates changes to assessments by inputting this data into the Township’s assessment data base using The Township’s appraisal software system. Does related work as required.
Responsibilities and Requirements:
· Five (5) years of experience appraising residential real property and a valid Appraisal License.
· Reviews and organize building permits in such a way as to efficiently perform required fieldwork and to
maintain related records and files.
· Utilizes an electronic appraisal system.
· Deals with taxpayers in a professional manner.
· Conducts physical inspections of buildings and properties in the field.
· Prepares reports of each inspection.
· Verifies and researches sales data.
· Does research for the preparation of county and state tax appeals.
· Works with various appraisal software systems to complete market analyses and comparable sales
valuations
· Answers inquiries and provides routine information pertaining to tax records.
Knowledge and Abilities:
· Knowledge of the proper procedures involved in gathering factual information and of preparing suitable
reports and of maintaining necessary records and files.
· Knowledge of the methods used to collect and analyze data.
· Knowledge of sales and ability to research them.
· Ability to interview persons of varying backgrounds.
· Ability to use tact and courtesy in making investigations.
· Ability to observe significant conditions.
· Ability to maintain suitable records and files.
Municipal Benefits:
The position of Field Appraiser is a non-exempt position covered by the provisions afforded under AFSCME Local 3269 collective bargaining agreement including healthcare, dental, flexible spending account, government pension, and more.
________________________________________________________________________________
FIELD APPRAISER
Senior-Principal
Under direction, measures and inspects new construction for the purpose of determining the value of new homes, and alterations or additions to existing structures. Calculates changes to assessments by inputting this data into the Township’s assessment data base using The Township’s appraisal software system. Does related work as required.
Note: The examples of work for these titles are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.
Examples of Work:
· Reviews and organize building permits in such a way as to efficiently perform required fieldwork and to
maintain related records and files.
· Utilizes an electronic appraisal system.
· Deals with taxpayers in a professional manner.
· Conducts physical inspections of buildings and properties in the field.
· Prepares reports of each inspection.
· Verifies and researches sales data.
· Does research for the preparation of county and state tax appeals.
· Works with various appraisal software systems to complete market analyses and comparable sales
valuations
· Answers inquiries and provides routine information pertaining to tax records.
Requirements:
Five (5) years of experience appraising residential real property and a valid Appraisal License.
For Senior: One (1) year as a Field Appraiser and successful completion of “Introduction to Real Estate Appraisal” from an accredited facility or State approved education/continuing education courses. Upon verification of requirements, promotion will take effect the following July 1.
For Principal: One (1) year as a Senior Field Appraiser and successful completion of 28 hours of appraisal related courses from an accredited facility or State approved education/continuing education courses. Upon verification of requirements, promotion will take effect the following July 1.
Knowledge and Abilities:
· Knowledge of the proper procedures involved in gathering factual information and of preparing suitable
reports and of maintaining necessary records and files.
· Knowledge of the methods used to collect and analyze data.
· Knowledge of sales and ability to research them.
· Ability to interview persons of varying backgrounds.
· Ability to use tact and courtesy in making investigations.
· Ability to observe significant conditions.
· Ability to maintain suitable records and files.
· Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
· Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this
position. American Sign Language or Braille may also be considered as acceptable forms of communication.
Persons with mental or physical disabilities are eligible as long as they can perform the essential function of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.
IT IS THE POLICY OF THE TOWNSHIP OF EDISON TO PROVIDE EQUAL OPPORTUNITY IN ITS EMPLOYMENT ON THE BASIS OF MERIT AND FITNESS AND WITHOUT DISCRIMINATION BECAUSE OF RACE, RELIGION, COLOR, SEX, POLITICAL AFFILIATIONS, NATIONAL ORIGIN, PHYSICAL OR MENTAL HANDICAP, MARITAL STATUS, AGE OR MILITARY SERVICE.
Job Type: Full-time
Pay: $49,672.00 per year
Benefits:
Physical setting:
Schedule:
License/Certification:
Ability to Commute:
Work Location: In person
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