Hard Skills
ExpertProperty Valuation MethodsProficiency in applying the three primary valuation approaches: cost approach, sales comparison approach, and income capitalization approach to determine asset value.
AdvancedMarket Data AnalysisThe ability to collect, verify, and interpret economic data, local market trends, and comparable sales information.
ExpertRegulatory & Ethics ComplianceThorough knowledge of the Uniform Standards of Professional Appraisal Practice (USPAP) and local real estate laws.
IntermediateSite Inspection and Physical AssessmentConducting thorough physical walkthroughs of properties to identify structural features, improvements, and defects that impact value.
IntermediateGeographic Information Systems (GIS) ProficiencyUsing digital mapping and spatial data software to analyze property locations and environmental factors.