What You'll Do

  • 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.

Essential Skills

Reading Comprehension 3.88/5
Critical Thinking 3.62/5
Writing 3.5/5
Active Listening 3.38/5
Speaking 3.38/5
Active Learning 3.12/5
Complex Problem Solving 3.0/5
Judgment and Decision Making 3.0/5
Time Management 3.0/5
Mathematics 2.88/5
Monitoring 2.88/5
Social Perceptiveness 2.88/5

Career Fit Overview

Use this summary to sense whether the day to day rhythm and focus of this path line up with what energizes you.

Top passions

  • Organizer: Bringing order to data and processes satisfies you.
  • Leader: Taking charge and moving ideas forward motivates you.
  • Maker: Building and fixing energizes you. You like tangible results and practical tools.

Common styles

Integrity, Attention to Detail, Dependability, Analytical Thinking, Initiative

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Key Abilities

This career demands strong capabilities in the following areas:

Oral Comprehension 4.0/5
Near Vision 4.0/5
Written Comprehension 3.88/5
Oral Expression 3.88/5
Speech Recognition 3.88/5
Deductive Reasoning 3.75/5
Inductive Reasoning 3.75/5
Speech Clarity 3.75/5

Technologies & Tools

Ascend Property Assessment Bruno Realty eNeighboorhoods Computer assisted mass appraisal CAMA software Cost estimating software CPR Visual Estimator HP 49G+ Appraiser Fee Calculator Mass appraisal records system MARS Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Windows Microsoft Word Web browser software Wilson's Computer Applications RealEasy Appraisals WinEstimator WinEst WinGap Word processing software Yardi software

Work Environment & Style

Common Styles for This Career

  • Integrity (High importance: 4.96/5)
  • Attention to Detail (High importance: 4.87/5)
  • Dependability (High importance: 4.83/5)
  • Analytical Thinking (High importance: 4.57/5)
  • Initiative (High importance: 4.3/5)

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How to Become One

Most employers require a bachelor's degree in a relevant field. Some positions may also require experience through internships, co-ops, or entry-level work to strengthen your candidacy.

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Also Known As

This career is known by many different job titles across industries. Here are all the variations:

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 Machinery Appraiser Personal and Business Property Appraiser Personal Property Appraiser Personal Property Assessor Physical Appraiser Precious Metal Appraiser Property Appraiser Property Condition Assessor Review Appraiser Tangible Personal Property Appraiser Valuation Consultant Valuation Specialist