What is an appraisal?

An appraisal is a professional appraiser's opinion of value. The preparation of an appraisal involves research into appropriate market areas; the assembly and analysis of information pertinent to a property; and the knowledge, experience and professional judgment of the appraiser. The role of the appraiser is to provide objective, impartial and unbiased opinions about the value of real property-providing assistance to those who own, manage, sell, invest in and/or lend money on the security of real estate.

These are the services I provide...

What is the value of a good appraiser?

Whatever the reason that calls for a value estimate of your home, you should engage the services of a designated member of the Appraisal Institute. These professionals have met stringent education, experience and ethics requirements that surpass many of those required for state licensure. Reflecting their unbiased and objective approach to real property appraisal and analysis, members of the Appraisal Institute are required to adhere to a strictly enforced Code of Professional Ethics and Standards of Professional Appraisal Practice Appraisal Institute Members may hold the prestigious MAI, SRPA and SRA designations.

The following questions would be appropriate when selecting an appraiser:

  1. Are you licensed or certified in the state in which you work?
  2. Do you have a professional designation?
  3. How long have you been in practice?
  4. What level of experience do you have in this particular market and with this type of property?
  5. Are you familiar with property values in this neighborhood?