Career Overview
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
- Appraiser
- Art Appraiser
- Jewelry Appraiser
- Personal Property Appraiser
Alternate Job Titles
- Accredited Appraiser
- Aircraft Appraiser
- Appraiser
- Appraiser Analyst
- Art Appraiser
- Certified Appraiser
- Certified Commercial Appraiser
- Commercial Appraiser
- Commercial Property Appraiser
- Estate Appraiser
- Gem and Jewelry Appraiser
- Gemologist
- Industrial Appraiser
- Jewelry Appraiser
- Licensed Appraiser
What You'll Do
In this role, your typical responsibilities include:
- Write descriptions of the property being appraised.
- 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.
- Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
- Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
- Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
- Inspect personal or business property.
Knowledge You'll Use
You'll need solid knowledge in these areas:
- English Language
- Customer and Personal Service
Essential Skills
Success in this career requires strong skills in:
- Reading Comprehension
- Critical Thinking
Key Abilities
This career requires key abilities in:
- Oral Comprehension
- Near Vision
- Oral Expression
- Speech Recognition
- Written Comprehension
- Deductive Reasoning
- Inductive Reasoning
- Speech Clarity
- Written Expression
- Information Ordering
Work Style
People who excel in this career typically demonstrate:
- Attention to Detail
- Integrity
- Cautiousness
- Dependability
- Self-Confidence
Education & Preparation
Typical Education: Bachelor's Degree
Related Work Experience Needed: Over 4 years, up to and including 6 years
On-the-Job Training: Over 2 years, up to and including 4 years
Education Details: Most of these occupations require a four-year bachelor's degree, but some do not.
Experience Required: 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.
Technology You'll Use
Popular Technologies & Software
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- Microsoft Windows
- Microsoft Word
- Yardi software
Work Environment
- Telephone Conversations
- Importance of Being Exact or Accurate
- Determine Tasks, Priorities and Goals
- Freedom to Make Decisions
Related Careers
If you're interested in this career, you might also consider:
Appraisers and Assessors of Real Estate
Education: Bachelor's Degree
Median Salary: Varies
Real Estate Brokers
Education: Bachelor's Degree
Median Salary: $72,280
Real Estate Sales Agents
Education: High School Diploma - or the equivalent (for example, GED)
Median Salary: $56,320
Insurance Appraisers, Auto Damage
Education: Some College Courses
Median Salary: $76,650
Wholesale and Retail Buyers, Except Farm Products
Education: Bachelor's Degree
Median Salary: Varies
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Occupational data sourced from the O*NET OnLine database, developed by the U.S. Department of Labor, Employment and Training Administration. Wage data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), 2024.