Commercial Appraiser

Buncombe County • Asheville, NC

7d

About The Position

Buncombe County Property Assessment Office is seeking a detail-oriented and analytical Commercial Appraiser. The office’s 35 employees appraise all real and personal property in Buncombe County. This position performs complex appraisal work to list and maintain commercial property records and prepare market valuations for tax purposes. The Commercial Appraiser evaluates commercial properties through market research, on-site inspections, financial analysis, and industry-standard appraisal methodologies, and communicates valuation findings clearly and professionally.

Requirements

• Associate degree in business administration or a related field and at least four years of appraisal experience, or an equivalent combination of education and experience.
• Possess a valid driver’s license issued by the State of North Carolina.
• Knowledge of property appraisal principles, practices, and techniques and the methods and procedures of the County Assessor’s Office.
• Knowledge of current construction costs, including building materials and land value; commercial property valuation; the County’s geographical layout; and the cost, income, and market approaches to real property valuation.
• Knowledge of appraisal statistics and specialized appraisal analysis, mathematics, and local and regional laws regarding construction, valuation, and property assessment.
• Knowledge of the local and regional real estate market, including monitoring sales and construction, reading reports, scanning local periodicals for new development, and establishing relationships.
• Knowledge of Microsoft Excel and ability to create pivot tables and data models for data analysis.
• Ability to research and maintain knowledge of new technology, systems, and equipment.
• Ability to read and understand blueprints, sketches, property and transfer deeds, aerial data, topographical analysis, and other relevant reports.
• Ability to maintain courteous and tactful relationships with coworkers and the general public.

Nice To Haves

• Successful completion of IAAO courses 101 (Fundamentals of Real Property Appraisal), 102 (Income Approach to Valuation), 112 (Advanced Income Approach to Valuation), 300 (Fundamentals of Mass Appraisal), 311 (Residential Modeling Concepts), and 312 (Commercial Modeling Concepts), and the North Carolina Machinery Act.
• Considerable knowledge and experience working with software and databases including Excel, Access, Crystal Reports, PowerPoint, and ArcMap.
• Current certification as a tax appraiser by the Ad Valorem Tax Division of the North Carolina Department of Revenue.
• License as a certified real estate appraiser or general appraiser by the North Carolina Appraisal Board.

Responsibilities

• Perform complex appraisals and assessment revaluation analysis of real property and vacant land, determining market value using sales reports and other data.
• Conduct site visits to measure structures and verify buildings, land features, improvement quality and features, depreciation, and overall condition; check building permit completion or status and permit sketches and details; take updated photos.
• Process real property transfers using subscription services and other data to verify property characteristics, building sketches, details, and location; update property records; analyze transfers and deeds to determine whether sales qualify and take appropriate action.
• Review permits for upfits and new construction and update property records, including building additions or deletions, new construction details, and building sketches based on supplied plans.
• Collect, analyze, and prepare data reports, including financial reports, on a daily, weekly, or monthly basis.
• Translate market data and internal analysis results into Income Approach models for valuation purposes.
• Compile documentation and present and defend case information to the Board of Equalization and Review for unresolved formal property assessment appeals.
• Perform other related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree