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| Task | Importance |
|---|---|
| Write descriptions of the property being appraised. | 98% |
| Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner. | 98% |
| Document physical characteristics of property such as measurements, quality, and design. | 96% |
| Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams. | 96% |
| Locate and record data on sales of comparable property using specialized software, internet searches, or personal records. | 94% |
| Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment. | 94% |
| Inspect personal or business property. | 90% |
| Create and maintain a database of completed appraisals. | 87% |
| Take photographs of property. | 85% |
| Verify that property matches legal descriptions or certifications. | 81% |
| Update appraisals when property has been improved, damaged, or has otherwise changed. | 79% |
| Recommend loan amounts based on the value of property being used as collateral. | 74% |
| Testify in court as to the value of a piece of tangible property. | 69% |
| Forecast the value of property. | 64% |