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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.
Also Known As:
Accredited Appraiser
Aircraft Appraiser
Appraiser
Art Appraiser
Certified Appraiser
Gem and Jewelry Appraiser
Jewelry Appraiser
Personal Property Appraiser
Wages
Annual wages for Appraisers of Personal and Business Property in United States
Job Outlook
Average
New job opportunities are likely in the future
United States
2034 Projected Employment
80,200
4% Change From 2024
Explore Appraisers, Real Estate video
Tasks you might complete in a day.
- Document physical characteristics of property such as measurements, quality, and design.
- Write descriptions of the property being appraised.
- Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
- Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
- Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
- Verify that property matches legal descriptions or certifications.
- Update appraisals when property has been improved, damaged, or has otherwise changed.
- Create and maintain a database of completed appraisals.
- Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
- Forecast the value of property.
- Update appraisals when property has been improved, damaged, or has otherwise changed.
- Recommend loan amounts based on the value of property being used as collateral.
- Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
- Create and maintain a database of completed appraisals.
- Inspect personal or business property.
- Create and maintain a database of completed appraisals.
- Take photographs of property.
- Testify in court as to the value of a piece of tangible property.
Subject areas you may need to master.
- 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.
- Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
- 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.
- Design - Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
- Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
- History and Archeology - Knowledge of historical events and their causes, indicators, and effects on civilizations and cultures.
- Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
- Engineering and Technology - Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
- Chemistry - Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.
- Foreign Language - Knowledge of the structure and content of a foreign (non-English) language including the meaning and spelling of words, rules of composition and grammar, and pronunciation.
- Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
- Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
- Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
- Therapy and Counseling - Knowledge of principles, methods, and procedures for diagnosis, treatment, and rehabilitation of physical and mental dysfunctions, and for career counseling and guidance.
- Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
- Psychology - Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
- Sociology and Anthropology - Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.
- Food Production - Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
- Geography - Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
- Telecommunications - Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
- Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
- Physics - Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes.
- Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
- Biology - Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
- Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
- Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
- 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.
- 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.
- Fine Arts - Knowledge of the theory and techniques required to compose, produce, and perform works of music, dance, visual arts, drama, and sculpture.
- Philosophy and Theology - Knowledge of different philosophical systems and religions. This includes their basic principles, values, ethics, ways of thinking, customs, practices, and their impact on human culture.
- Transportation - Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
- Mechanical - Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
- Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
Strengths you may need in this role.
- Active Listening - Listening to others, not interrupting, and asking good questions.
- Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
- Monitoring - Keeping track of how well people and/or groups are doing in order to make improvements.
- Troubleshooting - Figuring out what is causing equipment, machines, wiring, or computer programs to not work.
- Repairing - Repairing machines or systems using the right tools.
- Judgment and Decision Making - Thinking about the pros and cons of different options and picking the best one.
- Management of Financial Resources - Making spending decisions and keeping track of what is spent.
- Learning Strategies - Using the best training or teaching strategies for learning new things.
- Social Perceptiveness - Understanding people's reactions.
- Coordination - Changing what is done based on other people's actions.
- Persuasion - Talking people into changing their minds or their behavior.
- Negotiation - Bringing people together to solve differences.
- Instructing - Teaching people how to do something.
- Service Orientation - Looking for ways to help people.
- Operations Analysis - Figuring out what a product or service needs to be able to do.
- Equipment Selection - Deciding what kind of tools and equipment are needed to do a job.
- Management of Material Resources - Managing equipment and materials.
- Management of Personnel Resources - Selecting and managing the best workers for a job.
- Equipment Maintenance - Planning and doing the basic maintenance on equipment.
- Time Management - Managing your time and the time of other people.
- Reading Comprehension - Reading work-related information.
- Systems Evaluation - Measuring how well a system is working and how to improve it.
- Quality Control Analysis - Testing how well a product or service works.
- Systems Analysis - Figuring out how a system should work and how changes in the future will affect it.
- Complex Problem Solving - Noticing a problem and figuring out the best way to solve it.
- Programming - Writing computer programs.
- Writing - Writing things for co-workers or customers.
- Speaking - Talking to others.
- Mathematics - Using math to solve problems.
- Science - Using scientific rules and strategies to solve problems.
- Operation and Control - Using equipment or systems.
- Active Learning - Figuring out how to use new ideas or things.
- Technology Design - Making equipment and technology useful for customers.
- Installation - Installing equipment, machines, wiring, or computer programs.
- Operations Monitoring - Watching gauges, dials, or display screens to make sure a machine is working.
- Static Strength - Lifting, pushing, pulling, or carrying.
- Extent Flexibility - Bending, stretching, twisting, or reaching with your body, arms, and/or legs.
- Rate Control - Changing when and how fast you move based on how something else is moving.
- Fluency of Ideas - Coming up with lots of ideas.
- Speed of Limb Movement - Quickly moving your arms and legs.
- Originality - Creating new and original ideas.
- Far Vision - Seeing details that are far away.
- Gross Body Equilibrium - Keeping your balance or staying upright.
- Hearing Sensitivity - Telling the difference between sounds.
- Written Comprehension - Reading and understanding what is written.
- Flexibility of Closure - Seeing hidden patterns.
- Manual Dexterity - Holding or moving items with your hands.
- Peripheral Vision - Seeing something to your side when your are looking ahead.
- Oral Comprehension - Listening and understanding what people say.
- Speed of Closure - Quickly knowing what you are looking at.
- Arm-Hand Steadiness - Keeping your arm or hand steady.
- Night Vision - Seeing at night or under low light.
- Information Ordering - Ordering or arranging things.
- Depth Perception - Deciding which thing is closer or farther away from you, or deciding how far away it is from you.
- Memorization - Remembering words, numbers, pictures, or steps.
- Visual Color Discrimination - Noticing the difference between colors, including shades and brightness.
- Reaction Time - Quickly moving your hand, finger, or foot based on a sound, light, picture or other command.
- Category Flexibility - Grouping things in different ways.
- Spatial Orientation - Knowing where things are around you.
- Wrist-Finger Speed - Making fast, simple, repeated movements of your fingers, hands, and wrists.
- Multilimb Coordination - Using your arms and/or legs together while sitting, standing, or lying down.
- Near Vision - Seeing details up close.
- Auditory Attention - Paying attention to one sound while there are other distracting sounds.
- Speech Clarity - Speaking clearly.
- Problem Sensitivity - Noticing when problems happen.
- Time Sharing - Doing two or more things at the same time.
- Trunk Strength - Using your lower back and stomach.
- Number Facility - Adding, subtracting, multiplying, or dividing.
- Selective Attention - Paying attention to something without being distracted.
- Response Orientation - Quickly deciding if you should move your hand, foot, or other body part.
- Dynamic Strength - Exercising for a long time without your muscles getting tired.
- Sound Localization - Noticing the direction that a sound came from.
- Written Expression - Communicating by writing.
- Control Precision - Quickly changing the controls of a machine, car, truck or boat.
- Gross Body Coordination - Moving your arms, legs, and mid-section together while your whole body is moving.
- Glare Sensitivity - Seeing something even if there is a glare or very bright light.
- Deductive Reasoning - Using rules to solve problems.
- Stamina - Exercising for a long time without getting out of breath.
- Oral Expression - Communicating by speaking.
- Perceptual Speed - Quickly comparing groups of letters, numbers, pictures, or other things.
- Finger Dexterity - Putting together small parts with your fingers.
- Dynamic Flexibility - Quickly and repeatedly bending, stretching, twisting, or reaching out with your body, arms, and/or legs.
- Explosive Strength - Jumping, sprinting, or throwing something.
- Speech Recognition - Recognizing spoken words.
- Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
- Mathematical Reasoning - Choosing the right type of math to solve a problem.
- Visualization - Imagining how something will look after it is moved around or changed.
Average Education Attained
Highest level of education earned by people in this career.
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Content sourced from United States Department of Labor Employment and Training Administration ("DOLETA") and the Minnesota Department of Employment & Economic Development ("DEED")