The main difference between a residential real estate appraiser and a commercial real estate appraiser is the property type in which the appraiser is LICENSED and COMPETENT to appraise. When in doubt, hire a Certified General Real Estate Appraiser who will perform the appraisal or refer you to a competent residential appraiser. In summary, there are 3…
Read More
An appraiser, per the definition of The Dictionary of Real Estate Appraisal 5th Edition, is “One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective” while an appraisal is “the act or process of developing an opinion of value.” Real estate appraisers fall into two categories,…
Read More