Appraisers of Personal and Business Property

ManufacturingO*NET 13-2022.00United States

Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

COMING SOON See related ASU learning

Median annual earnings: $68,507
Projected change: −2.3%
Typical education: Bachelor's degree
Employment: 74.66K jobs

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Build the skills

ASU learning related to this career

These courses and certificates are connected through catalog career relationships and Lightcast skill tags.

The work

What appraisers of personal and business property do

Tasks reported for this occupation, ordered by how often they come up in the role.

Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
Write descriptions of the property being appraised.
Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
Document physical characteristics of property such as measurements, quality, and design.
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.
Forecast the value of property.

Pay and outlook

What the job pays and where it is heading

Annual earnings range

Reported earnings by percentile, United States

10th percentile: $36,178
25th percentile: $48,907
50th percentile: $68,507
75th percentile: $98,501
90th percentile: $150,132

The gold marker shows the median. Half earn more than $68,507 and half earn less.

Employment outlook

2025 to 2035 projection

−2.3%projected to decline

202574,664 jobs

2035 projected72,954 jobs

1,710 fewer positions over the decade, before replacement hiring.

Preparation

Education levels

What people currently working in the career hold. These are not entry requirements.

Bachelor's degree: 47.8%
Master's or Professional degree: 17.4%
Some college: 17.4%
Associate degree: 17.4%

Skills

Skills employers ask for

Technical skills appearing most often in job postings for this occupation.

Accounting
Property Tax
Auditing
Depreciation
Real Estate
Real Property
Billing
Market Value
Visual Acuity
Collections
Office Equipment
Computer Terminals
Data Entry
Legal Hearings
Ad Valorem Tax
Appraisals
Balancing (Ledger/Billing)
Data Analysis
Calculations
Good Driving Record

How the work gets done

Core competencies

Broad capabilities associated with strong performance in this occupation.

Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Time Management: Managing one's own time and the time of others.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Mathematics: Using mathematics to solve problems.
Persuasion: Persuading others to change their minds or behavior.
Service Orientation: Actively looking for ways to help people.
Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Negotiation: Bringing others together and trying to reconcile differences.
Coordination: Adjusting actions in relation to others' actions.
Learning Strategies: Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Systems Analysis: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Instructing: Teaching others how to do something.

In the market

Job titles and employers

Recent job postings in United States

Common job titles

01Personal Property Appraisers42 postings

Top employers

01Pinal County3 postings
02City Of St. Louis2 postings
03Gaston County Government2 postings
04Guilford County2 postings
05Buncombe County Landfill1 postings
06Caldwell County Government1 postings
07Carteret County - North Carolina DOT1 postings
08Carteret County Government1 postings
09Citizens Bank1 postings
10City Of Grand Rapids1 postings
11City Of Jacksonville1 postings
12Cobb County Government1 postings
13Columbus Consolidated Government1 postings
14County Of Chatham1 postings
15County Of Dare1 postings
16Coweta County1 postings
17Delta County, Colorado1 postings
18Diamond Dawgs Of Chatham County NC1 postings
19Geary County1 postings
20Grand County1 postings

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