Appraisers of Personal and Business Property

A typical week, in the words of people in the job

1. 01Write descriptions of the property being appraised.
2. 02Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
3. 03Document physical characteristics of property such as measurements, quality, and design.
4. 04Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
5. 05Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
6. 06Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
7. 07Inspect personal or business property.
8. 08Create and maintain a database of completed appraisals.
9. 09Take photographs of property.
10. 10Verify that property matches legal descriptions or certifications.
11. 11Update appraisals when property has been improved, damaged, or has otherwise changed.
12. 12Testify in court as to the value of a piece of tangible property.

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