Appraisers of Personal and Business Property
Also called: Accredited Appraiser, Aircraft Appraiser, Appraiser, Appraiser Analyst, Art Appraiser, Certified Appraiser, Certified Commercial Appraiser, Commercial Appraiser
Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment.
What appraisers of personal and business property do
Typical tasks
- 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.
- Create and maintain a database of completed appraisals.
- Take photographs of property.
- Verify that property matches legal descriptions or certifications.
- Update appraisals when property has been improved, damaged, or has otherwise changed.
- Testify in court as to the value of a piece of tangible property.
Appraisers of Personal and Business Property salary
No pay statistics are available for this occupation yet.
Projected pay for Appraisers of Personal and Business Property (3, 5 and 10 years)est.
No projection yet because pay statistics are missing.
Projected pay = current pay × (1 + annual growth)^years. The annual growth rate starts from a base wage-growth rate and adds or subtracts labor demand (BLS projected employment growth), wage momentum and AI replacement risk for each occupation. Projections are not guarantees. How it is calculated →
Outlook score for Appraisers of Personal and Business Property
Each component is a percentile rank among all occupations in the same country (0–100). Weights: labor demand 25, wage momentum / openings 15, pay level 15, AI resistance 25, aging workforce 10 (Japan only), entry barrier 10.
Will AI replace Appraisers of Personal and Business Property? AI replacement risk
How AI is changing this job
A written analysis for this occupation is being prepared.
AI replacement risk compares the parts of a job that are easy to hand to AI or software (processing information, documentation, repetitive computer work) with the parts that are hard to automate (physical work, working closely with people, judgment in unpredictable settings), using O*NET work activities, work context, skills and knowledge. The result is a relative position among all occupations in the country, scaled to 0–100%. Methodology →
Labor demand for Appraisers of Personal and Business Property
Employment projections are from the BLS Employment Projections program (10-year). Annual openings include both new jobs and replacement of workers who leave the occupation.
Skills, education and requirements for Appraisers of Personal and Business Property
Key skills
O*NET skill level ratings (0–7).
Key knowledge areas
What the work involves
Important abilities
Education of workers
Training before entry
Related work experience
Job Zone 4 — considerable preparation needed (O*NET)
Difficulty of entry: ★★★★☆ Demanding (from education, training, experience and Job Zone)
How to become appraisers of personal and business property
A step-by-step guide for this occupation is being prepared. The education, training and experience data above show the typical path.
Career path and how to earn more as appraisers of personal and business property
Career-path guidance is being prepared.