Personal/Business Property Appraiser

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AVG. SALARY

$62,910

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

What They Do

Appraisers of Personal and Business Property Career Video

About This Career

Appraises and estimates the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

This career is part of the Financial Services cluster Real Estate pathway.

A person in this career:

  • Determines the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
  • Writes descriptions of the property being appraised.
  • Documents physical characteristics of property such as measurements, quality, and design.
  • Calculates the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
  • Locates and records data on sales of comparable property using specialized software, internet searches, or personal records.
  • Writes and submits appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
  • Inspects personal or business property.
  • Creates and maintains a database of completed appraisals.
  • Takes photographs of property.
  • Verifies that property matches legal descriptions or certifications.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Identifying color and seeing differences in color, including shades and brightness
  • Seeing clearly at a distance
  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Irregular hours
  • Overtime work
  • Weekend work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Appraiser
  • Art Appraiser
  • Certified Appraiser
  • Gem and Jewelry Appraiser
  • Jewelry Appraiser
  • Accredited Appraiser
  • Aircraft Appraiser