What Do Appraisers Do? Real Estate Appraisers’ Roles and Responsibilities:

  • Conduct a room-by-room walk-through to appraise the interior condition.
  • Walk the property to appraise the exterior condition.
  • Appraise amenities like a swimming pool or built-in bar.
  • Note any code violations for the report.
  • Record layout and square footage to determine if it’s a single-family dwelling.

Understanding the Work of Appraisers:

  • Conducting on-site inspections.
  • Researching comparable properties.
  • Analyzing details.
  • Interpersonal skills like attention to detail and communication.

Appraiser’s Main Job and Value Assessment:

  • Determining a property’s current value for potential buyers.
  • On-site inspection tasks.
  • Researching comparable homes, tax records, legal descriptions, and public records.
  • Making adjustments for factors affecting market value.

What Happens During an Appraisal:

  • Tasks during on-site inspection.
  • Determining market value for various purposes.
  • The role in the buying or selling process, property tax assessment, estate planning, and more.

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