What is the salary of a Appraisers of Personal and Business Property?

The typical salary range is $45,794 - $91,588 per year.

Finance & LegalStable

Appraisers of Personal and Business Property

Mid-level

Also known as: Accredited Appraiser, Aircraft Appraiser, Appraiser, Appraiser Analyst

Finance & LegalBachelor's Degree

Job Description

As an appraiser, you determine the fair value of items like jewelry, art, antiques, collectibles, equipment, and even land. You'll research and analyze properties, often working independently to set your own tasks and make important decisions. This role requires precision, strong critical thinking, and excellent communication skills, using emails and phone calls to gather information and share your findings. If you enjoy careful analysis and being highly accurate in your work, this career might be a good fit.

AppraisalProperty ValuationAsset ValuationReal Estate AppraisalFinanceBusinessEconomicsReal EstateAnalysisBusiness Administration

A Day in the Life

You arrive at your small, quiet office, coffee in hand, and fire up your desktop. The first task is always to check `Microsoft Outlook` for new client inquiries and existing appraisal updates. Today’s priority list, jotted on your desk calendar, includes finalizing a report on a collection of vintage coins and starting research for a new commercial property equipment valuation. You open your project management software, `AppraisalWorks`, to organize the day's agenda, noting upcoming deadlines and client communications.

Skills employers are looking for in 2027

Software and technologies flagged by O*NET as Hot or In-Demand for this role.

Hot technologies

Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Windows Microsoft Word Yardi software

Work Environment

How this work is typically performed, based on O*NET work context data.

Email & digital communication

High

Working in a team

Moderate

Contact with others

High

Freedom to make decisions

High

Time pressure

High

Time spent sitting

High

Working outdoors

Moderate

Indoor, climate-controlled

Moderate

Dealing with customers

Moderate

Level of competition

Moderate

Source: O*NET Work Context (v31.0)

Future Perspective

Stable Job Market

The outlook for appraisers is stable through 2035. With experience, you can advance your career into roles such as Senior Appraiser, Valuation Consultant, or even work as an Expert Witness, offering specialized insights.

Career ladder

Often before this role

Real Estate Assistant
Auction House Assistant
Junior Valuer

Appraisers of Personal and Business Property

Where it can lead

Senior Appraiser
Valuation Consultant
Expert Witness

Impact of AI on this Job

AI will streamline data collection and analysis for appraisals, automating routine tasks like market research and property comparisons. However, the nuanced judgment, ethical considerations, and client interaction involved in complex valuations will still require human expertise. This will likely shift the role towards more complex cases and advisory functions, requiring appraisers to leverage AI tools rather than be replaced by them.

Salary

$45,794 - $91,588 per year

Estimated for US-wide average

Required Education

Bachelor's Degree

Minimum educational requirement for this position