Appraisers of Personal and Business Property
A subset of this occupation's profile is available. Data collection is currently underway to populate other parts of the profile.
Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.
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Tasks
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Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
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Create and maintain a database of completed appraisals.
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Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
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Document physical characteristics of property such as measurements, quality, and design.
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Forecast the value of property.
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Inspect personal or business property.
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Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
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Recommend loan amounts based on the value of property being used as collateral.
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Take photographs of property.
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Testify in court as to the value of a piece of tangible property.
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Update appraisals when property has been improved, damaged, or has otherwise changed.
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Verify that property matches legal descriptions or certifications.
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Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
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Write descriptions of the property being appraised.
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Technology Skills
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Analytical or scientific software — Mass appraisal records system MARS; Wilson's Computer Applications RealEasy Appraisals; WinEstimator WinEst; WinGap
; 1 more
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Data base user interface and query software — Ascend Property Assessment; Bruno Realty eNeighboorhoods; Microsoft Access

; Yardi software
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Electronic mail software — Microsoft Outlook
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Financial analysis software — Cost estimating software; CPR Visual Estimator; HP 49G+ Appraiser Fee Calculator
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Internet browser software — Web browser software
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Office suite software — Microsoft Office
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Operating system software — Microsoft Windows
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Presentation software — Microsoft PowerPoint
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Spreadsheet software — Microsoft Excel
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Word processing software — Microsoft Word
Hot Technologies are requirements most frequently included across all employer job postings.
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Detailed Work Activities
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Appraise property values.
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Write reports or evaluations.
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Compile data or documentation.
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Create databases to store electronic data.
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Determine operational procedures.
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Enter information into databases or software programs.
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Forecast economic, political, or social trends.
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Gather information in order to provide services to clients.
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Implement financial decisions.
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Inspect items for damage or defects.
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Maintain data in information systems or databases.
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Record images needed to address work issues.
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Testify at legal or legislative proceedings.
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Update computer database information.
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Verify information or specifications.
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Write informational material.
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Job Zone
- Title
- Job Zone Four: Considerable Preparation Needed
- Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
- Related Experience
- 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.
- Job Training
- Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
- Job Zone Examples
- Many of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, conservation scientists, art directors, and cost estimators.
- SVP Range
- (7.0 to < 8.0)
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Training & Credentials
- State training
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- Local training
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- Certifications
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- State licenses
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Apprenticeship Opportunities
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Interests
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Conventional — Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
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Enterprising — Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
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Realistic — Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, transportation, machine operation, agriculture, animal services, physical or manual labor, athletics, or protective services.
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Wages & Employment Trends
Median wage data for Property Appraisers and Assessors.
Employment data for Property Appraisers and Assessors.
Industry data for Property Appraisers and Assessors.
- Median wages (2022)
- $29.60 hourly, $61,560 annual
- State wages
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- Local wages
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- Employment (2022)
- 77,600 employees
- Projected growth (2022-2032)
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Faster than average (5% to 8%)
- Projected job openings (2022-2032)
- 6,900
- State trends
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- Top industries (2022)
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Source: Bureau of Labor Statistics 2022 wage data
external site and 2022-2032 employment projections
external site.
“Projected growth” represents the estimated change in total employment over the projections period (2022-2032). “Projected job openings” represent openings due to growth and replacement.
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Job Openings on the Web
- State job openings
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- Local job openings
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