what does a real estate appraiser do

Best answer

Real estate appraisers typically do the following:Verify legal descriptions of real estate properties in public recordsInspect new and existing properties,noting unique characteristicsPhotograph the interior and exterior of propertiesUse omparables,?or similar nearby properties,to help determine valuePrepare written reports on the property valueMore items…

People also ask

  • What does a property appraiser do?

  • A property appraiser is thus responsible for locating, identifying and justly valuing all property, both personal and real. It is important to note that it is not within the mandate of the property appraiser to establish the price at which the property will be sold at.

  • What is the difference between a real estate appraiser and assessor?

  • Dawn Rosenberg McKay is a certified Career Development Facilitator. She is a former writer for The Balance Careers. A real estate appraiser estimates the value of a single building or piece of land. His or her job is similar to that of an assessor, who instead considers the values of several properties at once.

  • How much does an appraiser make?

  • After visiting a site and observing its characteristics and the characteristics of the location, the appraiser analyzes the property compared to comparable homes. Median earnings for appraisers and assessors are $51,850 (2016).* 81,000 people work in this field (2016). * Local governments and real estate companies employ most appraisers.

  • What is the home appraisal process?

  • Here more on the home appraisal process, so you can learn the true value of your future home. What is the job of an appraiser? An appraiser job is to determine the current value of a property for the potential buyer.

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