Appraisers of Personal and Business Property

13-2022.00 Zone 4 — Considerable Preparation Needed

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

Also known as: Accredited Appraiser, Aircraft Appraiser, Appraiser, Appraiser Analyst, Art Appraiser, Certified Appraiser, Certified Commercial Appraiser, Commercial Appraiser, ...

Annual Salary

$65,420

Median annual wage (May 2024)

$49,310 25th – 75th percentile $90,810
10th percentile $38,480
90th percentile $122,760
U.S. Employment: 59,070

Job Outlook

Outlook data not available.

What You'd Do

  • 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.
  • 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.

Top Skills

Reading Comprehension 3.9
Critical Thinking 3.6
Writing 3.5
Active Listening 3.4
Speaking 3.4
Active Learning 3.1
Complex Problem Solving 3.0
Judgment and Decision Making 3.0

Importance scale: 1 (low) – 5 (high)

Knowledge Areas

English Language 4.1
Customer and Personal Service 3.7
Mathematics 3.4
Administrative 3.2
Administration and Management 3.1
Computers and Electronics 3.1
Economics and Accounting 3.0
Law and Government 2.8

Importance scale: 1 (low) – 5 (high)

Education Level Distribution

Percentage of workers in this occupation by education level

Bachelor's
39.1%
Some College
17.4%
Associate's
17.4%
Post-Bacc Cert
8.7%
Master's
8.7%
Professional
8.7%

Technology & Tools

Software and tools commonly used in this role

In-Demand Technologies

Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Windows Microsoft Word Yardi software

Other Tools

Ascend Property Assessment Bruno Realty eNeighboorhoods Computer assisted mass appraisal CAMA software Cost estimating software CPR Visual Estimator HP 49G+ Appraiser Fee Calculator Mass appraisal records system MARS Web browser software Wilson's Computer Applications RealEasy Appraisals WinEstimator WinEst WinGap Word processing software

Work Styles

Personality traits and work styles important for this career

2.8
Attention to Detail
2.4
Integrity
2.1
Cautiousness
1.9
Dependability
1.8
Self-Confidence
1.7
Achievement Orientation
1.5
Perseverance

Key Abilities

Cognitive, physical, and sensory abilities important for this role

Oral Comprehension 4.0
Near Vision 4.0
Written Comprehension 3.9
Oral Expression 3.9
Speech Recognition 3.9
Deductive Reasoning 3.8
Inductive Reasoning 3.8
Speech Clarity 3.8

Importance scale: 1 (low) – 5 (high)

Work Activities

General types of job behaviors occurring on this job

Getting Information 4.8
Identifying Objects, Actions, and Events 4.7
Analyzing Data or Information 4.7
Updating and Using Relevant Knowledge 4.6
Processing Information 4.6
Documenting/Recording Information 4.5
Judging the Qualities of Objects, Services, or People 4.4
Making Decisions and Solving Problems 4.4

Importance scale: 1 (low) – 5 (high)

Work Environment

Physical and social factors that influence the nature of work

E-Mail
4.7
Telephone Conversations
4.5
Importance of Being Exact or Accurate
4.4
Determine Tasks, Priorities and Goals
4.4
Freedom to Make Decisions
4.2
Contact With Others
4.1
Impact of Decisions on Co-workers or Company Results
4.1
Time Pressure
3.9
Face-to-Face Discussions with Individuals and Within Teams
3.9
Spend Time Sitting
3.8
Written Letters and Memos
3.6
Frequency of Decision Making
3.6

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Salary data: BLS Occupational Employment and Wage Statistics, May 2024. Outlook data: BLS Employment Projections, 2024–2034.

This page includes information from the O*NET 30.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license.