Appraisal Licensure Information
An appraiser is one who develops and reports an opinion of value on a specific type of property. Appraisers may opt to specialize in various disciplines such as:
- Real Property appraisal, which is the valuation of real estate. Real Property appraisers can choose specialties to practice within such as residential, commercial and agricultural.
- Personal Property appraisal, which encompasses all types of personal property such as fine and decorative arts, antiques, gems and jewelry, and machinery and equipment.
- Business Valuation which is the valuing of businesses including all tangible and intangible assets ranging from the value of the equipment to the value of the business name or logo.
- Mass Appraisal which encompasses techniques that are used when valuing multiple types of real property or personal property using generally recognized formulas.
While most appraisers choose to specialize in just one area of practice, many appraisers practice in more than one discipline.
All appraisers must have good analytical skills and work well with numbers. In addition, appraisers spend much time interacting with clients and writing reports, so good oral and written communications skills are a must.
Learn more about the requirements for the Appraisal Licensure/Certification process in Ohio.