1314 Assessors, valuators and appraisers
Assessors, valuators and appraisers determine the value of land, businesses, estates and other real property, for purposes of sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Assessors, valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.
chartered business valuator (CBV)
real estate appraiser
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Assessors perform some or all of the following duties:
Assess value of land, building, structures, machinery, equipment and property improvements for purposes of taxation, grants and regional planning and prior to sale or purchase
Review and analyze data such as past sales, title searches, engineering and alignment maps, soil maps, subdivision plans, water and sewer plans, leasing cost data and easements
Explain assessment process to ratepayers.
Valuators perform some or all of the following duties:
Collect and analyze financial records of a business, such as financial statements, budgets, projections and sales data, to assess its competitiveness or to estimate its market value
Prepare reports for estate planning, matrimonial litigation, insurance and business losses
Appear as an expert witness before courts, security regulators and other regulatory boards and commissions.
Appraisers perform some or all of the following duties:
Appraise value of property, building, industrial and commercial machinery and equipment and personal and household items
Prepare appraisal reports for lending agencies, insurance companies, government departments, courts, attorneys, creditors, buyers or auctioneers.
Assessors may specialize in advising and consulting in a specific field of assessment such as residential, commercial, industrial, institutional or farm lands.Appraisers may specialize in a specific type of appraisal such as real estate appraisal.
Assessors require a college diploma in municipal assessment
Accreditation with the municipal assessment association of the province.
Valuators usually require a bachelor’s degree or college diploma in accounting, business or commerce
Accreditation with the Canadian Institute of Chartered Business Valuators based on successful completion of its business and security valuation program.
Appraisers require a college diploma or vocational training in the field of appraisal
Several years of experience in a position related to the field of appraisal.
In Quebec, membership with l’Ordre des ?valuateurs agr??s du Qu?bec (OEAQ) is required to use the title chartered appraiser
Real estate appraisers usually require several years of experience as a real estate agent, right-of-way agent or property administrator and may require Canadian residential appraiser certification.
Appraisers of residential, commercial or industrial property require accreditation with the Appraisal Institute of Canada.
Progression to management positions in each field is possible with experience.
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