Estate contents appraiser: value belongings for executors

Executors, family members, estate and probate attorneys, trust officers and accountants.

Hourly rate or flat fee per appraisal report. Many appraisers charge by the hour for inspection, research and report writing. Referrals from attorneys bring repeat work.

• Knowing antiques, jewelry, art or general household goods
• Careful research and clear report writing
• Tact when working with grieving families

• Check whether your state or county has any rules for personal property appraisers (most do not require a state license, but verify)
• Errors and omissions insurance plus general liability insurance
• Avoid conflicts of interest: do not value items you plan to buy or sell
• Courts and the IRS may expect a credentialed appraiser for larger estates, so check what attorneys in your area expect

Startup costs are estimated at typically around $1,500 to $6,000, depending on your setup, research resources and insurance. Treat this as a rough estimate and get your own quotes before you commit any money.

Monthly revenue is estimated at typically around $800 to $4,000, depending on how many appraisals you take on and how many hours you work. The estimate assumes at least about 8 hours a week.

Check whether your state or county has rules for personal property appraisers. Most do not require a state license, but verify. Also check errors and omissions and general liability insurance, and what local attorneys expect for larger estates.