SIC Code 6531-16 - Real Estate Appraisers
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SIC Code 6531-16 Description (6-Digit)
Real Estate Appraisers are professionals who determine the value of a property. They provide an unbiased and objective opinion of the worth of a property, which is used by buyers, sellers, lenders, and investors to make informed decisions. Real Estate Appraisers use a variety of methods to determine the value of a property, including analyzing market trends, inspecting the property, and comparing it to similar properties in the area. They also take into account factors such as location, condition, and any improvements made to the property.
Hierarchy Navigation for SIC 6-Digit Code 6531-16
Parent Code (less specific)
Tools
- Measuring tape
- Laser distance meter
- Digital camera
- Sketch pad
- Graph paper
- Calculator
- Computer software for data analysis
- GIS mapping software
- Mobile device for onsite data collection
- Voice recorder for notes
Industry Examples of Real Estate Appraisers
- Residential property appraisal
- Commercial property appraisal
- Industrial property appraisal
- Agricultural property appraisal
- Land appraisal
- Estate appraisal
- Tax assessment appraisal
- Insurance appraisal
- Divorce settlement appraisal
- Bankruptcy appraisal
SIC Code 6531-16 - Real Estate Appraisers
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