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.
Occupation-Specific Information
Tasks
- 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.
Occupational Requirements
Detailed Work Activities
- Appraise property values.
- Compile data or documentation.
- Create databases to store electronic data.
- Determine operational procedures.
- Enter information into databases or software programs.
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