Appraisers are professionals who assess the value of properties, including residential, commercial, and industrial real estate. They use various methods, such as comparative market analysis and cost approach, to determine a property's worth, which is essential for buying, selling, or refinancing real estate. Their expertise helps ensure that transactions are fair and based on accurate valuations.
In addition to real estate, appraisers may also specialize in valuing personal property, such as art, antiques, and collectibles. Their assessments are crucial for insurance purposes, estate planning, and tax assessments, providing a reliable basis for financial decisions related to property ownership.