What to Look for in
an Orlando Appraiser
When it comes to buying or selling a home in the Orlando
area, one of the most important people involved in the process is the
appraiser. The Orlando appraiser offers the experiences, knowledge and skills
to properly evaluate the property and provide a good appraisal for its value.
The conclusion of the appraiser sets the baseline for the value of the home
from which an informed price can be set.
However, while appraisers are independent parties who have
no vested interest in the home itself, they are still human beings that may
make mistakes or errors in judgment which may translate into thousands of
dollars being lost because of a faulty appraisal. In order to ensure that your
appraisal process is the best possible, you will need the services of the best
The Five Things to
Look for in an Orlando Appraiser
Here are the five aspects you will need to see in the
appraiser you choose in the transaction of buying or selling your home. While
even the best appraisers can make mistakes, they are far less likely to occur
if you get the right one.
Education & Training: The better the education and
training, the better the appraiser will be. Look to see if they received their
education at recommended places such as the Appraisal Institute (AI) which is
arguably the most respected. Otherwise, places such as the American Society of
Appraisers (ASA) or Independent Fee Appraisers are good substitutes.
Experience: Although the number of years of experience is
not too important, it is a good indicator of just how reliable an Orlando
appraiser should be. Since their reputation in terms of providing good services
is a big part of why they are hired, an appraiser who has 10 years or more of
experience with this as their primary form of employment is a good indicator
that they must be doing something right.
Qualifications: Naturally, the proper appraiser must have
all the appropriate licensing and qualifications necessary to hold the
position. This is the minimum requirement for any Orlando appraiser and must be
verified before viewing their other attributes.
Area Knowledge: While good appraisal skills carry over in
all areas of the country, an appraiser that has worked in the Orlando area for
some time will have advantages. They will know far more about the local real
estate market, historic trends and the type of things to look for or pay more
attention to when appraising a home.
References & Reviews: Virtually every appraiser has
references they will have for you to demonstrate the quality of their services.
While references are important, keep in mind that like any good business person
they will only tell you about the ones who really enjoyed their work. If you
can, find reviews of their services from customers and see if there is a
pattern either good or bad that indicates the quality of their work.
Once you have looked over these five aspects of the Orlando
appraiser, you should then check their fees and see which one offers the best
services for the lowest price so that you can get the most for your investment.
Thank you, we'll be in touch!