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Real Estate Appraiser/Assessor

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AVG. SALARY

$48,560

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EDUCATION

Bachelor's degree

Real-Life Activities

Real-Life Communication

You've recently appraised a house at a value of $680,000. The bank calls to ask you to explain your appraisal. The house recently sold for $720,000, so the bank thinks you might be mistaken.

The house is attractive and in good condition. It's also close to shopping malls and schools. However, you had observed the following negative points:

  • Across the road is an auto-wrecker's lot.
  • A gas station is being built on one side of the house.
  • A convenience store is on the other side of the house.

Using this information, write down what you would say to the banker. Make sure you don't sound too negative. Point out the positive things about the house.