Foreclosure specialist to property appraiser
A foreclosure specialist already meets 43% of what the property appraiser role asks for. The move turns on 7 required skills not yet in the profile.
55.1/ 100
1 How much of what a property appraiser is expected to do is already part of a foreclosure specialist’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the property appraiser role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A property appraiser role treats 8 of its required skills as things a foreclosure specialist already does. You would walk in with these on day one.
- advise on property value
- collect property financial information
- compare property values
- obtain financial information
- perform property market research
- property law
What stands in the way is 7 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 9 skills that carry over, these are the ones fewest other occupations ask for. A property appraiser role needs them, and most people applying for one will not have them already. This is the part of a foreclosure specialist background worth leading with.
- already held advise on property value communication, collaboration and creativity
- already held perform property market research information skills
- already held value properties information skills
- already held provide information on properties communication, collaboration and creativity
- already held compare property values information skills
- already held collect property financial information information skills
All 9 carried skills, including the 8 the property appraiser role treats as required.
Table 3 · What you may need to learn
The 19 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn make an inventory of fixtures required
- still to learn analyse insurance risk required
- still to learn examine the conditions of buildings required
- optional, not held perform field research optional
- optional, not held advise on risk management optional
- optional, not held compile appraisal reports optional
- optional, not held read standard blueprints optional
- still to learn insurance law required
- still to learn risk management required
- optional, not held architecture regulations optional
- optional, not held concurrent estate optional
- still to learn energy performance of buildings required
- optional, not held building codes optional
- optional, not held construction methods optional
- still to learn organise a damage assessment required
- optional, not held analyse insurance needs optional
- optional, not held communicate problems to senior colleagues optional
- optional, not held check construction compliance optional
1 further area in the appendix
Table 4 · Where to start
The 3 entries a property appraiser role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 make an inventory of fixtures practise this
- 02 analyse insurance risk practise this
- 03 energy performance of buildings study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 9 skills that carry over
- already held advise on property value skill
- already held collect property financial information skill
- already held compare property values skill
- already held obtain financial information skill
- already held perform property market research skill
- already held property law knowledge
- already held real estate market knowledge
- already held value properties skill
- already held provide information on properties skill
The 1 learning area not shown above
- optional, not held fire safety regulations optional
12 supplementary skills, helpful but not required
- optional, not held architecture regulations optional
- optional, not held perform field research optional
- optional, not held advise on risk management optional
- optional, not held analyse insurance needs optional
- optional, not held building codes optional
- optional, not held check construction compliance optional
- optional, not held communicate problems to senior colleagues optional
- optional, not held compile appraisal reports optional
- optional, not held concurrent estate optional
- optional, not held construction methods optional
- optional, not held fire safety regulations optional
- optional, not held read standard blueprints optional
20 held skills the property appraiser role does not ask for
- not needed by the target role advise on conflict management skill
- not needed by the target role analyse financial risk skill
- not needed by the target role analyse loans skill
- not needed by the target role apply conflict management skill
- not needed by the target role assess debtor's financial situation skill
- not needed by the target role banking activities knowledge
- not needed by the target role communicate with banking professionals skill
- not needed by the target role consult credit score skill
- not needed by the target role create a financial plan skill
- not needed by the target role debt systems knowledge
- not needed by the target role examine mortgage loan documents skill
- not needed by the target role foreclosure knowledge
- not needed by the target role handle financial disputes skill
- not needed by the target role insolvency law knowledge
- not needed by the target role interview bank loanees skill
- not needed by the target role mortgage loans knowledge
- not needed by the target role perform debt investigation skill
- not needed by the target role protect client interests skill
- not needed by the target role provide support in financial calculation skill
- not needed by the target role repossession knowledge
8 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn energy performance of buildings required
- still to learn insurance law required
- still to learn risk management required
- optional, not held architecture regulations optional
- optional, not held building codes optional
- optional, not held concurrent estate optional
- optional, not held construction methods optional
- optional, not held fire safety regulations optional
Common questions about this move
Can a foreclosure specialist become a property appraiser?
Yes, and it is a substantial move. A foreclosure specialist already covers 43% of what a property appraiser is expected to do: 9 skills carry over, 8 of which the property appraiser role treats as required.
What skills does a foreclosure specialist need to become a property appraiser?
7 required skills are missing, plus 12 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by information skills. The single most important is make an inventory of fixtures.
How hard is the move from foreclosure specialist to property appraiser?
Its learning distance is 55.1 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.