Finding an Appraiser

Sourcing a reputable appraisal firm to conduct a full appraisal on your home is an important step in the selling process. You need to have your home appraised so that you know what its value is and how much you can expect to gain from the sale.

Firstly, you need to ensure that you are getting what you deserve when you employ a firm to carry out a home appraisal. It is crucial that the service is performed by a licensed or certified appraiser, who will provide you with a written report on the value of your home. This report is based on the appraiser's professional opinion of what your home is worth. Some of the factors that determine this value are its location, size, physical condition, proximity to local services and amenities, and the market value of other similar homes in the area. Most certified appraisers should provide you with this report in a standard form known as the Uniform Residential Appraisal Report.

You can check to find out if an appraisal firm is fully licensed and registered by contacting The Appraisal Standards Board (ASB). This board is responsible for the minimum standards of appraisals and also the reporting standards that your appraisal firm must adhere to. The Appraisal Qualifications Board is responsible for educating and examining appraisers. State licensing is also becoming more commonplace so you can check locally on the reputation of appraisal firms.

One of the best ways to find a good appraiser is to ask around. Word of mouth is a great way of getting recommendations and your family, friends and co-workers may be able to offer some assistance here. You can speak to your real estate agent if you have one to find out which appraisal firms they commonly work with. You will also find contact details for appraisal firms online and via local business directories.