Valuer and Appraiser

OFO No: 331501

Other names for Valuer:

Asset Protection Manager
Commercial Valuer
Farm / Land Appraiser
Plant and Machinery Valuer
Property Valuer
Real Estate Valuer
Valuation Advisor / Analyst / Officer

What is a Valuer?

A Valuer (or sometimes known as an Appraiser) is the person who determines what the value of something is.

For instance:

  • Property
  • Jewellery and Coins
  • Boats & Yachts
  • Antiques
  • Cars etc

You often find Valuers working for insurance companies, estate agents, auctioneers, museums etc where the company needs to know exactly how much something is worth. This information is used to determine the price of insurance and payouts to claims, what a house/building should sell for etc.

A Valuer’s job is extremely important. If they don’t get the price right, the client or company they are working for could suffer financially.

What does a Valuer do?

(depending who they are working for)

  • visits sites to see what needs appraising
  • takes photos and makes extensive notes
  • does research of current pricing of similar goods/services
  • compares pricing
  • write reports and advises client/company
  • keeps up to date with the market trends

Are you . . . ?

  • observant?
  • inquisitive?
  • detail orientated?
  • determined?
  • ambitious?
  • responsible and reliable?
  • a good communicator?
  • willing to travel?
  • good at mathematics?

How do I become a Valuer?

Well, this will depend on which field of appraising you’d like to work in. 

For instance:

  • Property
  • Antiques
  • Art etc

Whatever sector appeals to you, it would be an advantage to have some form of relevant qualification. You will need background skills and knowledge.

Once you have your qualification, it would be advisable to get an entry level job in that sector. Once in, collect as much skills and experience as you can. Becoming a Valuer does NOT happen overnight. It’s one of those jobs that requires years of hands-on experience and knowledge to be a good one.

TRAINING:

  • CLICK HERE to check for a training institution near you to see what they offer.
  • Make sure you understand their entry requirements for each course.
  • To avoid scams, make sure your institution is registered with the Department of Higher Education. CLICK HERE to check accredited Private Higher Education Institutions. 

 

OTHER CAREERS TO CONSIDER: Insurance Broker or Estate Agent

Is becoming a Valuer the right career choice for me?