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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.

Experience Requirements Overview

Job Zone Four: Considerable Preparation Needed
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Most of these occupations require a four-year bachelor's degree, but some do not.
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Education, Training and Experience

Required Level of Education: Bachelor's Degree

Related Work Experience: Over 4 years, up to and including 6 years

On-Site or In-Plant Training: Over 2 years, up to and including 4 years

On-the-Job Training: Over 2 years, up to and including 4 years

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.
Forecast economic, political, or social trends.
Inspect items for damage or defects.
Gather information in order to provide services to clients.
Enter information into databases or software programs.
Implement financial decisions.
Record images needed to address work issues.
Testify at legal or legislative proceedings.
Update computer database information.
Verify information or specifications.
Write informational material.

Tasks

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

Work Styles

Innovation

A tendency to be inventive, to be imaginative, and to adopt new perspectives on ways to accomplish work.

Innovation

Achievement Orientation

Intellectual Curiosity

Tolerance for Ambiguity

Initiative

Adaptability

Self-Confidence

Perseverance

Leadership Orientation

Humility

Sincerity

Empathy

Cooperation

Optimism

Social Orientation

Cautiousness

Attention to Detail

Dependability

Integrity

Stress Tolerance

Self-Control

Data Source: This page includes information from the O*NET 30.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. This page includes Employment Projections program, Occupational Employment and Wage Statistics program, U.S. Bureau of Labor Statistics.

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