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Title
Text copied to clipboard!Appraisal Reviewer
Description
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We are looking for an experienced and detail-oriented Appraisal Reviewer to join our dynamic team. The Appraisal Reviewer will play a critical role in ensuring the accuracy, compliance, and quality of appraisal reports submitted by appraisers. This position requires a thorough understanding of appraisal methodologies, industry standards, and regulatory requirements. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to communicate effectively with appraisers, clients, and internal stakeholders.
As an Appraisal Reviewer, you will be responsible for conducting comprehensive reviews of appraisal reports to ensure they meet established guidelines and standards. You will analyze appraisal data, verify the accuracy of property descriptions, comparable sales, and valuation methodologies. Additionally, you will identify discrepancies, inconsistencies, or errors within appraisal reports and communicate findings clearly and professionally to appraisers for correction.
You will collaborate closely with internal teams, including underwriting, risk management, and compliance departments, to ensure appraisal reports align with company policies and regulatory requirements. Your role will also involve providing guidance and feedback to appraisers to enhance the quality and consistency of appraisal submissions.
The successful candidate will stay current with industry trends, regulatory changes, and best practices in appraisal review processes. You will participate in ongoing training and professional development opportunities to maintain and enhance your expertise in appraisal review.
Strong organizational skills and the ability to manage multiple appraisal reviews simultaneously are essential for success in this role. You will be expected to prioritize tasks effectively, meet deadlines, and maintain accurate records of appraisal review activities.
Excellent communication skills, both written and verbal, are crucial for effectively conveying appraisal review findings and recommendations to appraisers, clients, and internal stakeholders. You will be expected to prepare detailed appraisal review reports, clearly outlining any issues identified and providing recommendations for resolution.
The Appraisal Reviewer will also contribute to the continuous improvement of appraisal review processes and procedures. You will identify opportunities for enhancing efficiency, accuracy, and compliance within the appraisal review function and collaborate with management to implement improvements.
We offer a supportive and collaborative work environment, opportunities for professional growth, and competitive compensation and benefits packages. If you are passionate about appraisal review, committed to excellence, and eager to contribute to a high-performing team, we encourage you to apply for this exciting opportunity.
Responsibilities
Text copied to clipboard!- Conduct thorough reviews of appraisal reports for accuracy, compliance, and quality.
- Analyze appraisal data, property descriptions, comparable sales, and valuation methodologies.
- Identify discrepancies, inconsistencies, or errors within appraisal reports.
- Communicate findings clearly and professionally to appraisers for correction.
- Collaborate with underwriting, risk management, and compliance departments to ensure alignment with company policies.
- Provide guidance and feedback to appraisers to enhance appraisal quality.
- Stay current with industry trends, regulatory changes, and best practices.
- Contribute to continuous improvement of appraisal review processes and procedures.
Requirements
Text copied to clipboard!- Bachelor's degree in finance, real estate, business administration, or related field.
- Minimum of 3 years of experience in appraisal review or related role.
- Strong knowledge of appraisal methodologies, industry standards, and regulatory requirements.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational abilities.
- Effective written and verbal communication skills.
- Proficiency in appraisal review software and Microsoft Office Suite.
- Ability to manage multiple tasks and meet deadlines.
Potential interview questions
Text copied to clipboard!- Can you describe your experience reviewing appraisal reports?
- How do you ensure accuracy and compliance when reviewing appraisal reports?
- What steps do you take when you identify discrepancies in an appraisal report?
- How do you stay current with industry trends and regulatory changes?
- Can you provide an example of a challenging appraisal review and how you handled it?
