Can you be an appraiser and a real estate agent

Appraiser shortage is a real challenge in some areas but not all. Potential to earn a high income. Opportunity to work flexible hours. Low startup costs compared to other small businesses. Opportunity to take on complex and challenging assignments. When you are hiring an appraiser, carefully screen potential appraisers by asking questions and checking credentials.

Just keep your communication to the appraiser about the facts of the home and neighborhood, how you priced the house, and any other relevant information you think the appraiser should know. An appraiser will evaluate and comment on: The materials and conditions of the foundation and exterior walls, the roof surface, screens, gutters and downspouts.

The materials and conditions of the floors, walls, and trim. A seller can do that before they sign. Either party can do whatever they want until there is a fully executed contract. When it comes to buying a house, the highest offer always gets the house — right? Real estate agents often suggest that sellers either accept the first offer or at least give it serious consideration. Begin typing your search term above and press enter to search.

Press ESC to cancel. Skip to content Home Can a real estate agent also be an appraiser? Ben Davis June 1, Some professionals are certified as both agents and appraisers. These individuals must act only in one capacity at a time; they cannot simultaneously represent a client and complete an objective appraisal. Real estate agents and appraisers often gather and examine similar information, with both looking to the Multiple Listing Service MLS for information on comparables.

Appraisers enjoy access to public records, but the key difference lies not in the information they gather, but how they use it. Real estate agents promise to represent their clients' best interests. They desire the best possible listing for their clients and will use gathered market information to this end.

Appraisers are paid outright - not on commission - and they do not have a vested interest in serving the client's needs beyond providing a thoroughly completed estimate. In fact, they must clearly indicate that they are third-party professionals and not advocates for either buyers or sellers.

Despite examining similar records, real estate agents and appraisers may arrive at different conclusions, purely because their goals and perspectives differ considerably based on the nature of their interactions with clients. Both estimates are worth considering, and both professionals play a valuable role in real estate purchases.

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