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TASK

Appraisers of Personal and Business Property

ID

work_business_financial/appraisers_of_personal_and_business_property

Type

TASK

Children

14

Child Nodes (14)

Write descriptions of the property being appraised.

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.

Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.

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.

Recommend loan amounts based on the value of property being used as collateral.