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Personal/Business Property Appraiser

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AVG. SALARY

$47,970

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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 Government and Public Administration cluster Revenue and Taxation pathway.

A person in this career:

  • Calculates the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
  • Creates and maintains a database of completed appraisals.
  • Determines the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
  • Documents physical characteristics of property such as measurements, quality, and design.
  • Forecasts the value of property.
  • Inspects personal or business property.
  • Locates and records data on sales of comparable property using specialized software, internet searches, or personal records.
  • Recommends loan amounts based on the value of property being used as collateral.
  • Takes photographs of property.
  • Testifies in court as to the value of a piece of tangible property.

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 requires being inside most of the time
  • Work in this occupation requires being outside most of the time
  • Work in this occupation involves sitting more than one-third of the time

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
  • Assessor
  • Commercial Appraiser
  • County Assessor
  • Deputy Assessor
  • Field Appraiser
  • Real Property Appraiser
  • Residential Appraiser
  • Tax Assessor

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.