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Dustin Edwards
Residential Real Estate Appraiser
Summary
Highly experienced Residential Real Estate Appraiser with over 10 years of expertise in property valuation and market analysis. Proven track record of delivering accurate and reliable appraisal reports for a wide range of residential properties, meeting and exceeding industry standards. Demonstrated ability to inspect properties thoroughly, analyze market data, and apply advanced appraisal techniques to determine property values. Exceptional communication and interpersonal skills to effectively convey valuations to clients, lenders, and real estate agents.
Education
Associate of Applied Science in Real Estate Appraisal
January 2015
Skills
- Residential Appraisal
- Property Inspection
- Market Analysis
- Financial Analysis
- Report Writing
- Real Estate Market Knowledge
Work Experience
Residential Real Estate Appraiser
- Analyzed market data, neighborhood demographics, and economic indicators to determine property values.
- Prepared detailed appraisal reports that met or exceeded industry standards and client expectations.
- Communicated effectively with clients, lenders, and real estate agents to provide clear and concise property valuations.
- Maintained a strong understanding of Fannie Mae, Freddie Mac, and VA appraisal guidelines.
Residential Real Estate Appraiser
- Developed and implemented a residential appraisal process that reduced turnaround time by 25%.
- Conducted over 1,000 appraisals for a wide range of residential properties, including singlefamily homes, multifamily units, and commercial buildings.
- Utilized advanced appraisal software and techniques to provide accurate and reliable property valuations.
- Inspected properties thoroughly to assess physical condition, market trends, and comparable sales data.
Accomplishments
- Successfully completed over 500 residential appraisals within a year, consistently meeting tight deadlines while maintaining accuracy and quality.
- Developed a comprehensive property inspection checklist that enhanced data collection and reduced the risk of errors, leading to more accurate appraisals.
- Utilized advanced valuation techniques, including hedonic modeling and regression analysis, to determine fair market values in complex and competitive real estate markets.
- Successfully challenged and overturned inaccurate property assessments, resulting in significant property tax savings for clients.
- Consistently provided clear and detailed appraisal reports that were both informative and compliant with industry guidelines.
Awards
- Awarded the Appraisal Institutes MAI designation, demonstrating exceptional expertise in residential real estate valuation.
- Recognized as a topperforming appraiser within the company, consistently exceeding client expectations and industry standards.
- Received the National Association of Realtors Accredited Residential Appraiser (ARA) designation, indicating a commitment to ethical and professional practices.
- Member of the Appraisal Institutes Ethics and Standards Committee, contributing to the development and enforcement of industry best practices.
Certificates
- MAI Designation (Member of Appraisal Institute)
- SRA Designation (Senior Residential Appraiser)
- AAO Designation (Accredited Appraisal Reviewer)
- RI Designation (Residential Instructor)
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How To Write Resume For Residential Real Estate Appraiser
- Highlight your experience and expertise in residential appraisal.
- Demonstrate your knowledge of industry standards and regulations, such as Fannie Mae and Freddie Mac guidelines.
- Showcase your communication skills and ability to convey complex information clearly.
- Quantify your accomplishments and provide specific examples of how you have added value to your previous roles.
Essential Experience Highlights for a Strong Residential Real Estate Appraiser Resume
- Inspecting properties to assess physical condition, market trends, and comparable sales data
- Conducting thorough market analysis to determine property values
- Preparing detailed appraisal reports that meet or exceed industry standards
- Communicating effectively with clients, lenders, and real estate agents to provide clear and concise property valuations
- Maintaining a strong understanding of Fannie Mae, Freddie Mac, and VA appraisal guidelines
- Utilizing advanced appraisal software and techniques to provide accurate and reliable property valuations
Frequently Asked Questions (FAQ’s) For Residential Real Estate Appraiser
What are the key skills required for a Residential Real Estate Appraiser?
Key skills include property inspection, market analysis, financial analysis, report writing, real estate market knowledge, and strong communication skills.
What are the career prospects for a Residential Real Estate Appraiser?
The career prospects are generally positive, with a growing demand for qualified appraisers due to the increasing complexity of the real estate market.
How can I become a Residential Real Estate Appraiser?
To become a Residential Real Estate Appraiser, you typically need a combination of education, experience, and certification. This may include an Associate’s degree in Real Estate Appraisal, along with on-the-job training and passing a state licensing exam.
What are the earning prospects for a Residential Real Estate Appraiser?
Earning prospects vary depending on factors such as experience, location, and the size of the company. According to the U.S. Bureau of Labor Statistics, the median annual salary for appraisers was $63,030 in May 2021.
What are the common challenges faced by Residential Real Estate Appraisers?
Common challenges include dealing with varying market conditions, accessing accurate and up-to-date data, and maintaining objectivity in the appraisal process.
How can I stay up-to-date on the latest industry trends and best practices?
To stay up-to-date on the latest industry trends and best practices, you can attend industry conferences, read professional publications, and participate in continuing education courses.