Appraisal Coordinator Job Description [Updated for 2025]

In the evolving world of real estate, the need for proficient appraisal coordinators has never been more imperative.

As the industry advances, so does the demand for competent individuals who can manage, coordinate and streamline the property appraisal process.

But what exactly does an appraisal coordinator do?

Whether you are:

• A job seeker trying to understand the intricacies of this role,
• A hiring manager aiming to define the perfect candidate,
• Or simply fascinated by the realm of real estate appraisals,

You’ve landed on the right page.

Today, we present a customizable appraisal coordinator job description template, crafted for effortless posting on job boards or career portals.

Let’s delve right into it.

Appraisal Coordinator Duties and Responsibilities

Appraisal Coordinators are primarily responsible for coordinating and managing the appraisal process in real estate transactions.

They act as a liaison between appraisers, real estate agents, and lenders to ensure accurate, timely appraisals.

Their daily duties and responsibilities include:

• Scheduling and coordinating appraisal appointments with appraisers and homeowners
• Reviewing appraisals for accuracy and compliance with regulatory standards
• Monitoring the progress of appraisal assignments and ensuring their timely completion
• Maintaining accurate and up-to-date records of appraisals, appraisal orders, and other relevant data
• Communicating with appraisers, lenders, and real estate agents to resolve any issues or discrepancies in appraisals
• Ensuring that all appraisals adhere to the company’s policies and procedures as well as applicable laws and regulations
• Providing updates and reports to management on the status of appraisal orders
• Assisting in the selection and performance review of appraisers
• Handling customer service inquiries related to appraisals
• Maintaining knowledge of current real estate market trends and appraisal regulations

 

Appraisal Coordinator Job Description Template

Job Brief

We are seeking a detail-oriented and organized appraisal coordinator to manage our property appraisal processes.

Responsibilities include coordinating and managing all appraisal orders, ensuring compliance with regulations, maintaining open lines of communication with appraisers, and reviewing all appraisals for accuracy and completeness.

Our ideal candidate has a strong understanding of the appraisal process, excellent organizational skills, and the ability to work well under pressure.

The goal is to ensure that all appraisals are conducted in a timely and accurate manner, meeting all regulatory standards and client expectations.

 

Responsibilities

• Coordinate and manage all appraisal orders and processes
• Maintain open lines of communication with appraisers
• Review all appraisals for accuracy and completeness
• Ensure compliance with all relevant regulations and guidelines
• Maintain detailed records of all appraisal activities
• Resolve any issues or problems that arise during the appraisal process
• Provide excellent customer service to clients and appraisers
• Work closely with other team members to ensure a smooth appraisal process

 

Qualifications

• Proven experience as an appraisal coordinator or similar role
• Strong understanding of the appraisal process and related regulations
• Excellent organizational and multitasking abilities
• Strong communication and customer service skills
• Attention to detail and problem-solving abilities
• Ability to work well under pressure and meet deadlines
• High school diploma or equivalent; further education in real estate or relevant field will be a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Appraisal Coordinator
• Work Environment: Office setting with occasional travel for property visits.
• Reporting Structure: Reports to the Appraisal Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $45,000 minimum to $65,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Appraisal Coordinator Do?

Appraisal Coordinators are typically employed by real estate firms, appraisal companies, or financial institutions like banks and mortgage companies.

Their primary responsibility is to coordinate all the activities involved in the property appraisal process.

This includes scheduling and tracking property appraisals, ensuring that all necessary information is gathered and correctly recorded for each appraisal, and communicating with appraisers, real estate agents, and clients throughout the process.

Appraisal Coordinators also review appraisal reports for accuracy and compliance with legal and company standards.

They may also be tasked with resolving any issues or discrepancies that arise during the appraisal process.

In some cases, they may also need to research property data, market trends, and comparable properties to assist in the appraisal process.

Overall, the goal of an Appraisal Coordinator is to ensure that the appraisal process runs smoothly and efficiently, and that all involved parties are kept informed and satisfied.

 

Appraisal Coordinator Qualifications and Skills

An effective Appraisal Coordinator should possess a mix of technical, administrative, and interpersonal skills, including:

• Organization skills to manage and prioritize multiple assignments and deadlines.
• Working knowledge of real estate terminology, and the ability to understand and interpret appraisal reports.
• Strong communication skills to liaise between appraisers, lenders and customers, and to handle any conflicts or issues that may arise during the appraisal process.
• Attention to detail to ensure all appraisal reports are accurate, complete, and comply with company and industry regulations.
• Customer service skills to assist and support clients, answer their inquiries, and ensure their satisfaction throughout the appraisal process.
• Technical skills for using appraisal management software and other relevant computer applications.
• Problem-solving skills to effectively manage any issues that may arise during the appraisal process.
• Understanding of real estate market trends and real estate laws and regulations.

 

Appraisal Coordinator Experience Requirements

For an entry-level Appraisal Coordinator position, candidates typically require 1 to 2 years of experience in a similar role or in a real estate, mortgage, or insurance setting.

This experience could be gained through part-time roles, internships, or even administrative positions within these industries.

Candidates with more than 3 years of experience would have developed key skills like property valuation, coordinating with appraisers, ensuring compliance with laws and regulations, and managing the overall appraisal process.

Those with more than 5 years of experience may have advanced knowledge of real estate appraisal procedures and regulations, and may have had the opportunity to manage a team or oversee a department.

They might also have experience in resolving more complex appraisal issues and disputes.

Appraisal Coordinators at this level are often sought after for managerial roles or positions of higher responsibility within the organization.

They might also be tasked with training new team members, developing policies, and implementing new appraisal processes.

In addition to these years of experience, completion of a specific number of hours of appraisal education and passing the relevant state licensure or certification exams may also be required, depending on the jurisdiction in which the role is based.

 

Appraisal Coordinator Education and Training Requirements

Appraisal Coordinators typically require a high school diploma or equivalent.

However, many employers prefer candidates with an associate’s or bachelor’s degree in business, finance, real estate or a related field.

Appraisal Coordinators should possess a solid understanding of real estate principles, property valuation methods and legal compliance elements.

Thus, related coursework or training in these areas is highly beneficial.

Some roles may require Appraisal Coordinators to have a real estate appraisal license, which involves completing a specific number of hours of coursework and passing a state licensing exam.

Work experience in a relevant field such as real estate, mortgage, or finance can be advantageous.

Having strong organizational, communication, and computer skills are typically necessary for this role.

Continuing education is also important for Appraisal Coordinators, as they need to stay updated with changing real estate laws, market trends, and appraisal methodologies.

Some professionals in this role may also choose to pursue advanced certifications to further specialize their skills and knowledge.

Appraisal Coordinators can gain advanced certifications from organizations like the Appraisal Institute.

These certifications require a combination of education, experience, and examination, and they demonstrate a candidate’s dedication to the profession and ongoing learning.

 

Appraisal Coordinator Salary Expectations

An Appraisal Coordinator earns an average salary of $43,569 (USD) per year.

This income can fluctuate based on factors such as level of experience, industry, and the geographic location of employment.

 

Appraisal Coordinator Job Description FAQs

What skills does an appraisal coordinator need?

An appraisal coordinator must possess exceptional organizational skills as they are often tasked with maintaining and managing an assortment of documents, data, and schedules.

They should also have strong communication and interpersonal skills as they interact with various parties including clients, appraisers, and lenders.

Attention to detail is also crucial in this role, as is the ability to work under pressure and meet deadlines.

 

Do appraisal coordinators need a degree?

While it’s not always required, many employers prefer appraisal coordinators to have a degree in business administration, finance, or a related field.

However, some companies may prioritize work experience over formal education.

Additionally, any knowledge or experience in real estate can be beneficial in this role.

 

What should you look for in an appraisal coordinator resume?

When reviewing an appraisal coordinator resume, you should look for a strong background in administrative duties, customer service, and real estate.

Experience with appraisal management software and familiarity with real estate laws and regulations can be a strong asset.

Additionally, check for any certifications related to real estate or appraisal coordination.

 

What qualities make a good appraisal coordinator?

A good appraisal coordinator is detail-oriented and organized, able to manage multiple tasks and projects simultaneously.

They should be efficient communicators and able to work well under pressure.

A strong understanding of real estate and appraisal processes is also important.

They should have the ability to resolve conflicts and issues that may arise during the appraisal process.

 

Is it difficult to hire appraisal coordinators?

Hiring appraisal coordinators can be challenging due to the specific skill set required for the role.

It’s essential to find someone with strong administrative skills, excellent communication, and a good understanding of the real estate and appraisal processes.

Offering competitive compensation and opportunities for professional development can help attract qualified candidates.

 

Conclusion

And there you have it.

Today, we’ve unraveled the intricacies of what it truly means to be an Appraisal Coordinator.

Surprise, surprise!

It’s not just about evaluating properties.

It’s about shaping the real estate landscape, one property valuation at a time.

With our thorough appraisal coordinator job description template and real-world examples, you’re ready to take the next step.

But why stop at readiness?

Immerse yourself further with our job description generator. It’s your key to sculpting well-detailed listings or refining your resume to perfection.

Keep in mind:

Every property evaluation plays a role in the larger real estate scenario.

Let’s shape that landscape. Together.

How to Become an Appraisal Coordinator (Complete Guide)

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