Appraisers of Personal and Business Property

Also called: Appraiser, Appraiser Analyst, Certified Commercial Appraiser, Commercial Appraiser, Commercial Property Appraiser

Varies

estimated salary

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

 

 

  • Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
  • Create and maintain a database of completed appraisals.
  • Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
  • Document physical characteristics of property such as measurements, quality, and design.
  • Forecast the value of property.
  • Inspect personal or business property.
  • Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
  • Recommend loan amounts based on the value of property being used as collateral.
  • Take photographs of property.
  • Testify in court as to the value of a piece of tangible property.
  • Update appraisals when property has been improved, damaged, or has otherwise changed.
  • Verify that property matches legal descriptions or certifications.
  • Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
  • Write descriptions of the property being appraised.
Work Context

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Work Activities

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Detailed Work Activities
  • Appraise property values.
  • Compile data or documentation.
  • Create databases to store electronic data.
  • Maintain data in information systems or databases.
  • Determine operational procedures.
  • Write reports or evaluations.
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Knowledge

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Skills

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Abilities

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Personality

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Technology

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Education

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