Appraisers of Personal and Business Property

What does a professional in this career 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.

In this job you will...

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.
Recommend loan amounts based on the value of property being used as collateral.
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.
Verify that property matches legal descriptions or certifications.
Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
Write descriptions of the property being appraised.