An appraiser is a professional who evaluates the value of properties, such as homes, land, or commercial buildings. They use various methods and tools to determine how much a property is worth, considering factors like location, condition, and market trends. This information is crucial for buyers, sellers, and lenders, especially during transactions involving mortgages or sales.
Appraisers often work closely with real estate agents, banks, and insurance companies. Their assessments help ensure that properties are priced fairly and that lenders are making sound financial decisions. By providing accurate valuations, appraisers play a vital role in the real estate market.