To be an appraiser you would have to meet some standard qualifications to do it. The requirement for licence or certification vary significantly from state to state and it would depend what type of property appraisers would focus on.
- The Property being appraised is called a subject property.
- There are 3 parts to any appraiser Process
Researching comparable properties
The final appraisal report
- A clean house appraises for a higher amount of money.
- Appraisers plug in a formula (dollar per square foot), or simply average several numbers (comparable sales prices) to find a value.
- If you tell an appraiser how much money your home home is worth, he will aim for the exact number.