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CareerZone

Occupation Details

Appraisers of Personal and Business Property

$46,870.00
Starting NY Salary
Degree Needed - Four-year college
Preparation
+43 jobs/year
NY Growth (2030)

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

O*NET: 13-2022.00

Salary & Job Outlook

Starting Salary

$46,870.00

New York State
Median Salary

$76,960.00

New York State
Experienced Salary

$100,740.00

New York State
National Average for Comparison
Starting Salary
$46,530.00
Median Salary
$61,560.00
Experienced Salary
$82,950.00

New York State Job Market Outlook

Jobs Right Now (2018)

4,570

professionals in NY
Future Job Growth (2030)

5,000

+43 jobs/year
New Jobs Every Year

400

new opportunities yearly
Growth Rate

0.1%

projected increase
Wages are calculated from average hourly rates for full-time work over one year. Actual salaries may vary based on location, experience, and work schedules.

Preparation: Experience, Training, and Education

The list below outlines the prior educational experience required to perform in this occupation.

Degree Needed - Four-year college
Experience Requirements

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.

Education Requirements

Most of these occupations require a four-year bachelor's degree, but some do not.

Training Details

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Transferrable Skills and Experience

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.

School Programs

The following lists school programs which are applicable to this occupation.

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Licensing & Certification

State License and Certifications Requirements are not currently associated with this occupation.

Skills

Skills information is not available for this occupation.

Knowledge

Knowledge information is not available for this occupation.

Work Environment

Work Environment information is not available for this occupation.

Work Styles

Work styles information is not available for this occupation.

Tools & Technology

This list below describes the machines, equipment, tools, software, and information technology that workers in this occupation will use.

Tools

Tool information is not available for this occupation.

Technology

Technology information is not available for this occupation.

Duties

Job duties information is not available for this occupation.

Tasks

The list below outlines specific tasks that a worker in this occupation is called upon to do regularly.

  • 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.