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Choosing a Professional Appraiser

It is important for consumers of appraisal services to exercise care in selecting a valuation expert. In the case of real estate appraisers in the United States, current good standing as a State Certified or Licensed Appraiser should be verified. In engaging an appraiser, you may want to consider the following:

Affiliation with a professional association

You may wish to look for an appraiser who is affiliated with a non-profit professional association which requires on-going education and adherence to generally accepted technical and ethical standards. Most associations offer special designations for professionals who have demonstrated a higher level of education, experience and dedication to the profession.

Competency

Look for an appraiser who has experience in appraising properties similar to yours by reviewing his or her job-history, resume or other qualifications material.

Reputation

Check references or recommendations from financial institutions, insurance companies, museums, and government bodies for whom the appraiser has performed appraisal services. Also, the recognition the appraiser has received for professional activities is often an important criterion for selection.

 

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