Appraisers of Personal and Business Property
13-2022.00

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

Sample of reported job titles: Accredited Appraiser, Aircraft Appraiser, Appraiser, Art Appraiser, Certified Appraiser, Gem and Jewelry Appraiser, Jewelry Appraiser, Personal Property Appraiser

Occupation-Specific Information

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.

back to top

Technology Skills

Hot technology
Hot Technologies are requirements most frequently included across all employer job postings.

back to top

Occupational Requirements

Work Activities

  • Getting Information — Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Analyzing Data or Information — Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Identifying Objects, Actions, and Events — Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
  • Processing Information — Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  • Updating and Using Relevant Knowledge — Keeping up-to-date technically and applying new knowledge to your job.
  • Documenting/Recording Information — Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
  • Judging the Qualities of Objects, Services, or People — Assessing the value, importance, or quality of things or people.
  • Making Decisions and Solving Problems — Analyzing information and evaluating results to choose the best solution and solve problems.
  • Working with Computers — Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Evaluating Information to Determine Compliance with Standards — Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Establishing and Maintaining Interpersonal Relationships — Developing constructive and cooperative working relationships with others, and maintaining them over time.
  • Communicating with People Outside the Organization — Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
  • Estimating the Quantifiable Characteristics of Products, Events, or Information — Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
  • Inspecting Equipment, Structures, or Materials — Inspecting equipment, structures, or materials to identify the cause of errors or other problems or defects.
  • Organizing, Planning, and Prioritizing Work — Developing specific goals and plans to prioritize, organize, and accomplish your work.
  • Interpreting the Meaning of Information for Others — Translating or explaining what information means and how it can be used.
  • Performing Administrative Activities — Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.
  • Communicating with Supervisors, Peers, or Subordinates — Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Scheduling Work and Activities — Scheduling events, programs, and activities, as well as the work of others.
  • Developing Objectives and Strategies — Establishing long-range objectives and specifying the strategies and actions to achieve them.
  • Providing Consultation and Advice to Others — Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.
  • Thinking Creatively — Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
  • Coordinating the Work and Activities of Others — Getting members of a group to work together to accomplish tasks.
  • Monitoring Processes, Materials, or Surroundings — Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
  • Performing for or Working Directly with the Public — Performing for people or dealing directly with the public. This includes serving customers in restaurants and stores, and receiving clients or guests.

back to top

Detailed Work Activities

back to top

Work Context

  • E-Mail — 77% responded “Every day.”
  • Telephone Conversations — 65% responded “Every day.”
  • Importance of Being Exact or Accurate — 52% responded “Extremely important.”
  • Determine Tasks, Priorities and Goals — 48% responded “Some freedom.”
  • Freedom to Make Decisions — 43% responded “A lot of freedom.”
  • Contact With Others — 43% responded “Contact with others most of the time.”
  • Impact of Decisions on Co-workers or Company Results — 55% responded “Important results.”
  • Face-to-Face Discussions with Individuals and Within Teams — 57% responded “Once a week or more but not every day.”
  • Time Pressure — 52% responded “Once a week or more but not every day.”
  • Spend Time Sitting — 48% responded “More than half the time.”
  • Written Letters and Memos — 32% responded “Every day.”
  • Deal With External Customers or the Public in General — 55% responded “Very important.”
  • Frequency of Decision Making — 35% responded “Once a week or more but not every day.”
  • Indoors, Environmentally Controlled — 30% responded “Every day.”
  • Importance of Repeating Same Tasks — 39% responded “Very important.”
  • Level of Competition — 48% responded “Moderately competitive.”
  • Duration of Typical Work Week — 43% responded “More than 40 hours.”
  • Consequence of Error — 30% responded “Serious.”

back to top

Experience Requirements

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)

back to top

Training & Credentials

State training
Local training
Certifications
State licenses

back to top

Apprenticeship Opportunities

Start your career and build your skillset. Visit Apprenticeship.gov external site to learn about opportunities related to this occupation.

back to top

Worker Requirements

Skills

  • Reading Comprehension — Understanding written sentences and paragraphs in work-related documents.
  • Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Writing — Communicating effectively in writing as appropriate for the needs of the audience.
  • Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Speaking — Talking to others to convey information effectively.
  • Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making.
  • Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Time Management — Managing one's own time and the time of others.

back to top

Knowledge

  • English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
  • Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Mathematics — Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Administrative — Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
  • Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Computers and Electronics — Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

back to top

Education

How much education does a new hire need to perform a job in this occupation? Respondents said:

  • 39%
     
    responded: Bachelor’s degree required
  • 17%
     
    responded: Some college, no degree requiredmore info
  • 17%
     
    responded: Associate’s degree required

back to top

Worker Characteristics

Abilities

  • Near Vision — The ability to see details at close range (within a few feet of the observer).
  • Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Oral Expression — The ability to communicate information and ideas in speaking so others will understand.
  • Speech Recognition — The ability to identify and understand the speech of another person.
  • Written Comprehension — The ability to read and understand information and ideas presented in writing.
  • Deductive Reasoning — The ability to apply general rules to specific problems to produce answers that make sense.
  • Inductive Reasoning — The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Speech Clarity — The ability to speak clearly so others can understand you.
  • Information Ordering — The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
  • Written Expression — The ability to communicate information and ideas in writing so others will understand.
  • Category Flexibility — The ability to generate or use different sets of rules for combining or grouping things in different ways.
  • Problem Sensitivity — The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
  • Far Vision — The ability to see details at a distance.
  • Mathematical Reasoning — The ability to choose the right mathematical methods or formulas to solve a problem.
  • Number Facility — The ability to add, subtract, multiply, or divide quickly and correctly.
  • Selective Attention — The ability to concentrate on a task over a period of time without being distracted.
  • Visual Color Discrimination — The ability to match or detect differences between colors, including shades of color and brightness.

back to top

Interests

Interest code: CER
Want to discover your interests? Take the O*NET Interest Profiler.
  • 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.
  • 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.
  • 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.

back to top

Work Styles

  • Cautiousness — A tendency to be careful, deliberate, and risk-avoidant when making work-related decisions or doing work.
  • Integrity — A tendency to be honest and ethical at work.
  • Attention to Detail — A tendency to be detail-oriented, organized, and thorough in completing work.

back to top

Workforce Characteristics

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 (2024)
$31.45 hourly, $65,420 annual
State wages
Local wages
Employment (2024)
77,300 employees
Projected growth (2024-2034)
Average (3% to 4%)
Projected job openings (2024-2034)
6,300
State trends
Top industries (2024)

Source: Bureau of Labor Statistics 2024 wage data external site and 2024-2034 employment projections external site. “Projected growth” represents the estimated change in total employment over the projections period (2024-2034). “Projected job openings” represent openings due to growth and replacement.

back to top

Job Openings on the Web

State job openings
Local job openings

back to top

More Information

back to top

Professional Associations

Disclaimer: Sources are listed to provide additional information on related jobs, specialties, and/or industries. Links to non-DOL Internet sites are provided for your convenience and do not constitute an endorsement.

National Associations
Regional Associations
Accreditation, Certification, & Unions

back to top