12203 - Assessors, Business Valuators, and Appraisers

Assessors, Business Valuators, and Appraisers are in high demand throughout Canada’s Real Estate sector. The demand for skilled workers under this TEER has been rapidly expanding post the pandemic, and this trend is expected to continue over the coming years. There will be many job opportunities available for Assessors, Business Valuators, and Appraisers in Canada.

The high demand for skilled workers in this field has resulted in competitive salaries and excellent benefits for Assessors, Business Valuators, and Appraisers that can range from $38,500 to $98,000 per year, depending on experience, location, and specialization, but they tend to be higher than average in this industry.

Assessors, Business Valuators, and Appraisers Jobs in Canada also offer many opportunities for career advancement in popular employment areas including government agencies, real estate firms, and other private companies, or they may be self-employed. Professionals have numerous opportunities to expand their skills and take on new challenges as Assessors, Business Valuators, and Appraisers in Canada.

Assessors, Business Valuators, and Appraisers in Canada can avail of a wide range of benefits, from strong job security to high compensation, a supportive work environment, a direct Canada PR for Assessors, Business Valuators, and Appraisers pathway, and free healthcare. Canada is known for its welcoming and diverse culture, making it a great place for individuals under this TEER to live and work.

Let us help you Apply for Canada PR as Assessors, Business Valuators, and Appraisers.

Example Titles

• Accredited appraiser
• Business valuator
• Chartered business valuator (CBV)
• Property assessor
• Property valuator
• Real estate appraiser
• Real estate analyst

Main Duties

This group performs some or all of the following duties:

Assessors

• Assess the value of land, buildings, structures, machinery, equipment, and property improvements for purposes of taxation, grants, and regional planning 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 the assessment process to ratepayers.

Business valuators

• 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

• Appraise the 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.

Employment Requirements

• Assessors require a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
• Business valuators usually require a bachelor's degree or college diploma in accounting, business, or commerce and 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 or several years of experience in a position related to the field of appraisal.
• In Quebec, membership with l'Ordre des évaluateurs agréés du Québec (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.

Salary Prospects

Job Openings - TEER 12203

Over the period 2022-2031, new job openings for Assessors, Business Valuators, and Appraisers are expected to total 8,200, while 7,900 new job seekers are expected to be available to fill them. Immigrants learning how to get Assessor, Business Valuator, and Appraiser Jobs in Canada from India can find it relatively easier to land a job under TEER 12203.