Accounting, finance and insurance

Estimator / Appraiser
Accounting, finance and insurance
Do you want to become an estimator or appraiser? Do you want to obtain information on these professions? Here are the main requirements for a job in this industry.

Nature of the work

Whether as self-employed workers or as employees of large corporations or public bodies, appraisers and appraisers determine the value of goods or properties (buildings, land, etc.). Their work then allows for the sale or purchase of assets for the organization or for valuation for tax purposes.

Main duties

Appraisers and appraisers study and analyze information from various documents (plans, titles or deeds of sale) in order to carry out the appraisal of properties or other assets. They estimate the value of items analyzed before the sale or purchase and in anticipation of financing projects. Then, they create reports for insurance companies, banks, governments or creditors. As for business valuation experts, they assess financial records in order to assess the competitiveness of the business or assess its market value.

Essential qualities

It is necessary to have exceptional rigor as well as a developed analytical mind to perform the work of an estimator or appraiser. In fact, excellent mathematical skills and an excellent knowledge of the financial sector are required.

Required training and access to the trade

Employers will require future assessors to have a college diploma as well as accreditation by the provincial municipal assessment association. For their part, future evaluators must successfully complete a college program or professional training in evaluation or have several years of experience in the field. Membership in the Order of Chartered Appraisers of Quebec (OEAQ) is mandatory to use the title of Chartered Appraiser in this province.

Professional evolution

Appraisers and appraisers will be able to access managerial positions in their respective fields after having acquired the necessary experience.