CAREER

Appraisers of Personal and Business Property

Overview

Salary Median (2020)

$61,340

Projected Job Growth (2019-2029)

0% (little or no change)

Career

What Appraisers of Personal and Business Property Do

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

Other Job Titles Appraisers of Personal and Business Property May Have

Tasks & Responsibilities May Include

  • 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.

This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.