Appraisers of Personal and Business Property
Tasks 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.
- 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.
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The data sources for the information displayed here include: O*NET™; US Department of Labor (BLS); Virginia Workforce Connection. (Using onet28)
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Education
Bachelor's Degree
Job Zone:
Four: Considerable Preparation Needed
Income Range:
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Median Earnings:
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Appraisers of Personal and Business Property
Description
Career Cluster: | Government & Public Administration |
Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Appraisers of Personal and Business Property
Tasks
Tasks 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.
- 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.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Appraisers of Personal and Business Property
Job Zone Four: Considerable Preparation Needed
- Overall Experience
- A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
- Job Training
- Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
- Examples
- Many of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, conservation scientists, art directors, and cost estimators.
- Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Appraisers of Personal and Business Property
Related Occupations
Related Occupations
The related occupations here have similar general capabilities and interests; career explorers may also be interested in the related occupations:- Appraisers and Assessors of Real Estate
- Real Estate Brokers
- Insurance Appraisers, Auto Damage
- Real Estate Sales Agents
- Property, Real Estate, and Community Association Managers
- Government Property Inspectors and Investigators
- Wholesale and Retail Buyers, Except Farm Products
- Loan Interviewers and Clerks
- Loan Officers
- Cost Estimators
- Title Examiners, Abstractors, and Searchers
- Accountants and Auditors
- Credit Authorizers, Checkers, and Clerks
- Tax Examiners and Collectors, and Revenue Agents
- Securities, Commodities, and Financial Services Sales Agents
- Brokerage Clerks
- Surveyors
- Purchasing Agents, Except Wholesale, Retail, and Farm Products
- Credit Analysts
- Bookkeeping, Accounting, and Auditing Clerks
Careers in Revenue and Taxation Pathway:
- Appraisers and Assessors of Real Estate
- Appraisers of Personal and Business Property
- Tax Examiners and Collectors, and Revenue Agents
The data sources for the information displayed here include: O*NET™. (Using onet28)
Appraisers of Personal and Business Property
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Overview
Occupations
The data sources for the information displayed here include: New York State Department of Labor; New Jersey Department of Labor; California Occupational Information Coordinating Committee; CareerOneStop. (Using onet28)
Appraisers of Personal and Business Property
Related Schools
- American National University
- Averett University
- Bluefield University
- Bryant & Stratton College-Virginia Beach
- Christopher Newport University
- DeVry University-Virginia
- Eastern Mennonite University
- ECPI University
- Emory & Henry College
- Fairfax University of America
- Ferrum College
- George Mason University
- Hampton University
- Hollins University
- James Madison University
- Liberty University
- Marymount University
- Mountain Empire Community College
- Norfolk State University
- Old Dominion University
- Radford University
- Randolph College
- Randolph-Macon College
- Regent University
- Roanoke College
- Southern Virginia University
- Southside Virginia Community College
- Southwest Virginia Community College
- Stratford University
- Strayer University-Virginia
- Sweet Briar College
- University of Lynchburg
- University of Mary Washington
- University of Richmond
- University of the Potomac-VA Campus
- University of Virginia's College at Wise
- University of Virginia-Main Campus
- Virginia Commonwealth University
- Virginia Polytechnic Institute and State University
- Virginia State University
- Virginia Union University
- Washington and Lee University
- William & Mary
The data sources for the information displayed here include: New York State Department of Labor; New Jersey Department of Labor; California Occupational Information Coordinating Committee; CareerOneStop. (Using onet28)