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Property Valuer

Finance

Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.

Real EstateFinance

What you'd do all day

The tasks that matter most in this job, most important first.

  1. 1Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  2. 2Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  3. 3Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  4. 4Search public records for transactions such as sales, leases, and assessments.
  5. 5Obtain county land values and sales information about nearby properties to aid in establishment of property values.
  6. 6Maintain familiarity with aspects of local real estate markets.
  7. 7Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
  8. 8Collect and analyze relevant data to identify real estate market trends.
  9. 9Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
  10. 10Inspect new construction and major improvements to existing structures to determine values.
  11. 11Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
  12. 12Check building codes and zoning bylaws to determine any effects on the properties being appraised.
  13. 13Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
  14. 14Verify legal descriptions of properties by comparing them to county records.
  15. 15Identify the ownership of each piece of taxable property.
  16. 16Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
  17. 17Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
  18. 18Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.
  19. 19Examine income records and operating costs of income properties.
  20. 20Estimate building replacement costs, using building valuation manuals and professional cost estimators.
  21. 21Establish uniform and equitable systems for assessing all classes and kinds of property.
  22. 22Calculate tax bills for properties by multiplying assessed values by jurisdiction tax rates.
  23. 23Draw land diagrams to be used in appraisal reports to support findings.
  24. 24Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
  25. 25Testify in court as to the value of a piece of real estate property.
  26. 26Determine taxability of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis.
  27. 27Explain assessed values to property owners and defend appealed assessments at public hearings.
  28. 28Explain real and personal property taxes to property owners.

Also known as

What this job is called on JobStreet, LinkedIn and in job ads. Search these too.

  • Assessor
  • Appraiser
  • ROW Agent
  • Tax Assessor
  • City Assessor
  • ROW Appraiser
  • Sole Assessor
  • Tax Appraiser
  • Bank Appraiser
  • Field Assessor

How far is this from you?

Roughly how much preparation this job usually takes. In Malaysia your UPU route and the programme's syarat still decide entry, so treat this as a guide, not a gate.

  1. 1

    Entry straight after SPM

  2. 2

    SPM + sijil / short TVET course

  3. 3

    Diploma / TVET (sijil–diploma)

  4. Typical entry

    Degree (ijazah sarjana muda)

  5. 5

    Postgrad (sarjana / PhD) or professional route

Typical educationBachelor's degree

Subjects that matter here

The SPM subjects worth your effort for this career, with the reason for each.

EnglishDraws directly on English Language — a top knowledge area for this role (O*NET).
Additional MathematicsDraws directly on Mathematics — a top knowledge area for this role (O*NET).
MathematicsDraws directly on Mathematics — a top knowledge area for this role (O*NET).
Civil Engineering StudiesDraws directly on Building and Construction — a top knowledge area for this role (O*NET).
Engineering DrawingDraws directly on Building and Construction — a top knowledge area for this role (O*NET).

What you'd need to know

The subject areas this job leans on most, and the SPM subjects that build them.

  • English Language81%

    English

  • Mathematics77%

    Additional MathematicsMathematics

  • Building and Construction75%

    Civil Engineering StudiesEngineering DrawingDesign & Technology (RBT)

  • Customer and Personal Service70%
  • Computers and Electronics69%

    Computer Science / ICTElectrical & Electronic Eng. Studies

  • Economics and Accounting69%

    Principles of AccountingEconomics

Tools you'd use

Software and equipment that show up in this job, worth learning early.

What the work feels like

Day-to-day working conditions, so you can tell whether the job suits how you like to work.

  • Face-to-face discussionsEvery day
  • Contact with other peopleContact most of the time
  • Dealing with customers or the publicHigh
  • Leading or coordinating othersNot at all
  • Handling conflict situationsRarely
  • Indoors, air-conditionedEvery day
  • Outdoors, in all weatherEvery day
  • Noisy environmentAlmost never

AI and demand for this job

A few real, dated data points — not a single score. AI making some tasks faster usually means a job changes, not that it disappears.

20%

Share of everyday tasks today's AI can already help with (2023)

This estimate is from 2023 — already out of date, since AI moves fast. Treat it as a rough, aging starting point, not the current picture.

Pay in Malaysia

We don't have a sourced Malaysian salary range for this job yet, and we'd rather show nothing than a number we can't stand behind.

Where to check:

  • JobStreet and Hiredly job ads for this title
  • DOSM Salaries & Wages Survey
  • SSPA scheme tables, if you're aiming for a government post
See pay for a related career: Accountant

Check what you may qualify for

Enter your SPM grades and see which routes and programmes you may qualify for. An estimate to plan with, not an offer.

How to get here

Post-SPM pathways with programmes in this career's fields. Tap one to see real programmes and entry requirements.

Related careers

If this interests you, these are worth a look too.

About this information

This describes what the job involves. Pay, demand and entry routes differ in Malaysia, so check the Pathways and Programmes pages for local requirements.

O*NET occupation: Appraisers and Assessors of Real Estate

Job responsibilities, knowledge areas and work context from O*NET 30.3, US Department of Labor, used under CC BY 4.0. onetcenter.org