What is a real estate appraiser ?

Most commonly a real estate appraiser or real estate valuer is either be a going to be certified valuer, or its your local real estate agent.

To Find a Good Real Estate Agent to Help With Your Appraisal Click Here

A certified valuer will give an independent valuation and are most often used by banks or other lending authorities when negotiating finance.

The certified valuer will use a number of different means to come to their conclusions about the value of your intended property. And the value they put on it will often be considerably less than the ‘market value’ which is the price a buyer would reasonably pay for the property

As opposed to a certified valuer's appraisal, a real estate appraisal given by an real estate agent is not usually ‘accredited’, it is a ‘market value’ appraisal based solely on what has sold in your area recently together with their professional knowledge of the current market and their opinion based on a physical inspection of your property.

Be aware that your bank will not accept this kind of valuation and it should not be relied upon as an indication of what a bank will agree to lend you.  Your bank should you engage one, will seek an independent and accredited appraiser.

Finding a real estate appraiser, your  local real estate agency is a good place to start

If you are considering selling your home you might want to engage a real estate appraiser to help you get a feel for what your property might sell for.

If you find that a variety of real estate agents agree, within a relatively similar range, to what your property is worth then it is likely you have hit on some good agents. But what if the prices vary widely and you are just not sure who to trust ?

If this happens you may want to pay for a real estate appraisal by a certified valuer.

Remember that a real estate agency is a ‘service’ industry. One definition of good service is speed. An agent’s job is made up of talking to people and they need to be good at it. So, you can say that a good agent is one who is friendly and available, but what else should you look for?

Here is a list of what makes a good appraiser:

Solid references: a good agent will either offer or be willing to put you in touch with previous clients

1. Availability: you always have access to them, especially during business hours or they will always call back within an hour or two
2. Responsibility: estate agents are often dealing with a person’s main asset or their life savings. They need to take your case seriously and this means putting time into it
3. Empathy: they own real estate themselves so they understand the emotional weight of both buying and selling
4. Accountability: your agent should be willing to be rated on service.

The best free appraisal will be one given by a trusted local real estate agent.

However, seeking three or more appraisals from different agencies is a good idea. If you are thinking about triggering a free online report, remember this is good for very general research, but it is not recommended as the last word on the value of your property.

Before signing on the dotted line, always you should read our consumer reviews on who are the best agents, we can give you advice how to choose the best agents to interview.

We also have compiled consumer ratings scores on real estate agents in your area, search now for the best real estate agent just click on link at top of page.